Acquiring Company
Thor Equities
Acquired Company
Empire State Realty Trust
New YorkNew YorkReal EstateReal Estate InvestmentCommercial Real EstateEnergyReal EstateRetailDescription
Thor Equities has purchased the office building at 1359 Broadway from Empire State Realty Trust for $218 million. The transaction reflects a continuing shift in ESRT's portfolio strategy as they divest from office properties. The building, which spans 486,000 square feet, is extensively leased to various tenants, including SLCE Architects and Wolfgang's Steakhouse.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Empire State Realty Trust?
Empire State Realty Trust was acquired by Thor Equities, based in New York. The deal was reported on August 20, 2026. Thor Equities is a real estate investment and development company specializing in urban commercial properties. Thor Equities is privately held and operates in Real Estate.
When did Thor Equities acquire Empire State Realty Trust?
Thor Equities's acquisition of Empire State Realty Trust was reported on August 20, 2026. Thor Equities has purchased the office building at 1359 Broadway from Empire State Realty Trust for $218 million. The transaction reflects a continuing shift in ESRT's portfolio strategy as they divest from office properties. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Empire State Realty Trust do?
Empire State Realty Trust, Inc. (NYSE: ESRT) is a REIT that owns and manages office, retail and multifamily assets in Manhattan and the greater New York metropolitan area. It is publicly traded (ESRT), operating in Energy, and is based in New York.
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