New York, NY, Feb. 20, 2023 (GLOBE NEWSWIRE) -- Thor Equities Group, a global leader in urban real estate development, leasing, and management, today announced it has signed a long-term 10-year lease with leading plasma donation service, Olgam Life, at 135 E. 125^th Street in Harlem. 

Offering state-of-the-art treatment while providing vital resources for the medical field, Olgam Life focuses on the aggregation aspect of the plasma donation process to deliver the best care to its donors. With four locations currently in operation and more planned for 2023, Olgam Life has experienced tremendous growth and will occupy 13,000 square feet at 135 East 125^th Street across the ground and second floors. 

“Olgam Life has an incredible mission delivering indispensable services to save lives. With a deep commitment to the communities they operate in, we are confident they will be successful in their latest location and are pleased to provide them with a new outpost to grow their footprint and draw in a new set of donors,” said Executive Vice President of Thor Equities Group, Jack J. Sitt.

Thor Equities’ recent activity includes a lease with leading athletic retailer, Under Armour, in Manhattan's Flatiron District, and notable acquisitions in the industrial sector in California and Georgia in the past two months. In 2022, Thor acquired a mix of high-quality industrial facilities, development sites, and outdoor storage properties in Atlanta, Dallas, Northern New Jersey, Philadelphia, and Chicago. 

Last month, Thor Equities’ Chairman, Joe Sitt, made a guest appearance on Fox Business to discuss the highlights and challenges facing markets worldwide. With Varney & Co.'s Stuart Varney, he discussed a changing ‘world order’ due to a tremendous wave in onshoring, as well as demand for real estate across different asset classes from Dubai to San Francisco, and economic benefits expected to hit the Southeastern United States. Please visit Fox Business for his full segment.

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About Thor Equities Group:

Thor Equities is a leader in the development, leasing and management of office, industrial, laboratory, residential, hotel and mixed-use assets in premier urban locations worldwide. The company operates in major cities around the globe and has a property portfolio totaling $20 billion with a development pipeline in excess of 50 million square feet. Thor has a strong presence on three continents and in addition to its US holdings, the company has assets in European gateway cities including London, Paris, Madrid, and Milan, and is the largest developer in Mexico through its Latin American division with a development pipeline of over 18 million square feet. Thor maximizes returns for institutional investors by recognizing a property’s potential, reducing operating expenses, increasing tenant satisfaction, leveraging market trends to maintain a long-term competitive edge. For more information, visit www.thorequities.com.