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Posted on: Aug. 2, 2019, 3:31 p.m.
Thor Equities agreed to acquire an 800,000-sq.-ft. life sciences campus in Bridgewater, N.J.: (Bloomberg)—Thor Equities, known for investing in retail and office buildings, is increasing its bet on another kind of real estate: laboratories. Thor, led by Joseph Sitt, paid $152 million to acquire the Center of Excellence, a nearly 800,000 square-foot (74,000-square-meter) life sciences campus in Bridgewater, New Jersey, in a deal that closed Thursday. Full investment news articleRelevent to this post: Louisiana Economic Development,