Real Estate
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.

In this article