Thor Equities is a privately held real estate investment, development, leasing, and management firm founded in 1986 by Joseph J. Sitt. The firm operates a diversified portfolio across data centers, logistics, life science and technology office, hospitality, mixed-use, residential, and retail properties in premier urban locations. Thor maintains offices in New York City, London, Paris, Madrid, Mexico City, San Francisco, Miami, Houston, Chicago, and Portland. The company began with Sitt's acquisition of a property at East Tremont Avenue in the Bronx in 1986, where he secured national retailers including Rite Aid and Payless Shoes. In the early years, Sitt expanded into retail brands, founding Ashley Stewart in 1991, which grew to over 380 stores before he divested to focus exclusively on real estate in 2000. Thor has executed a vertically integrated platform encompassing transaction structuring, asset management, property management, leasing, and development. The firm manages $20 billion in assets under management with over 160 investments and a 50 million square foot pipeline across three continents. Thor's portfolio spans the United States, including New York City (Manhattan and Brooklyn concentrations), Miami (Wynwood and Design District), Chicago (Palmer House Hilton), and San Francisco; Europe, including London (Burlington Arcade), Paris (Champs-Élysées), Madrid, and Milan; and Latin America, primarily Mexico City.