MIAMI, FL, Sept. 19, 2022 (GLOBE NEWSWIRE) — Thor Equities Group, a global leader in the development, leasing and management of urban real estate, announced that it has signed a long-term lease with the pioneering fast-casual Restaurant Velvet Taco has signed on Wynwood Walk in Miami.
A unique taco concept with an exciting and original menu, Velvet Taco has chosen Wynwood Walk as their premier Florida location. The inventive brand will occupy 3,000 square feet across from the popular Bottled Blonde restaurant and beer garden and will benefit from a 50+ foot facade on Wynwood’s vibrant NW 2nd Avenue. Founded in Dallas in 2011, Velvet Taco has grown rapidly and now operates over thirty restaurants throughout Texas, North Carolina, Georgia, Illinois, Tennessee and Oklahoma.
“Velvet Taco is an ideal fit for the vibrant Wynwood neighborhood and we are delighted that they have chosen our development for their Florida debut,” said Joe Sitt, Chairman of Thor Equities Group.
Thor’s portfolio in Miami includes 70 NE 39th Street, recently recapitalized at a valuation of $45M, 250 NE 24th Street and a development site at 2722 NW 2nd Avenue in Wynwood. In August, Thor entered Florida’s industrial market with the acquisition of a 13-property portfolio in Tampa, expanding the Company’s robust industrial portfolio with properties in key markets in California, Georgia, Texas, Pennsylvania, New Jersey and Illinois. Earlier this summer, Thor launched its newest company, Thor Digital, a division specializing in the acquisition and development of data centers across Europe with an equity commitment of up to $3 billion and a target of $9 billion in acquisition value Has.
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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 prime urban locations worldwide. The Company operates in major cities around the world and has a real estate portfolio totaling $20 billion…
