Thor Equities leases 17,500 s/f to Modell’s Sporting Goods

October 18, 2016 - Shopping Centers

Manhattan, NY Thor Equities, a global leader in urban real estate development, leasing and management, has leased 17,500 s/f of retail space at 135 East 125th St. in Harlem to Modell's Sporting Goods.

“After purchasing and repositioning this desirable asset, we were able to quickly secure space for Modell’s along the thriving 125th St. retail corridor,” said Melissa Gliatta, COO of Thor Equities.

Thor completed its acquisition of 135 East 125th St. in June. The recently constructed four-level, 45,000 s/f corner building includes a total of 26,000 s/f of retail on the ground and second levels, office space on the third floor, and over 250 ft. of wraparound frontage on 125th St. and Lexington Ave.

135 East 125th St. is close to East River Plaza, which is home to Costco, Target, Best Buy, Marshalls, Old Navy and other national retailers. 

Additional businesses in the area include Whole Foods, Gap, American Eagle Outfitters, Aldi and Joe’s Crab Shack, with a new Bed Bath & Beyond opening nearby.  The building is also next to the 4, 5 and 6 subway lines at 125th Street, and one block from the Metro-North Railroad Harlem-125th Street Station.

Thor Equities owns multiple properties in the surrounding area including the adjacent six-story mixed-use building at 126 East 126th St., as well as 17 West 125th St., 526 West 111th St., 17 West 125th St., 556-566 West 126th St., 215 West 116th St., and 98 Morningside Ave.

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