Thor Equities acquires first Canadian property, in Montreal

3/2/2015

New York -- Thor Equities has expanded its international portfolio by acquiring a retail property at 777 Saint Catherine Street in Montreal. The historical building is located on the corner of McGill College Avenue and Saint Catherine Street, in the heart of Montreal’s prime shopping corridor.



“Montreal is the perfect example of a vibrant urban marketplace where we see tremendous value moving forward,” said Joseph Sitt, CEO of Thor Equities. 777 Saint Catherine Street is a three-level building with an additional two below-ground levels. It features 20,000 sq. ft. of retail space, currently occupied by Banana Republic, and an additional 6,000 sq. ft. of office space.



Saint Catherine Street features some of the city’s most well-known shops, restaurants and retailers. Its location near several public transportation hubs makes it easily accessible for residents, visitors and tourists. Neighboring retailers include Apple, H&M, Lululemon and many more.


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