Skincare Company Continues to Build Portfolio With Boerum Hill Outpost
Thor Equities, a global leader in urban real estate development, leasing and management, has leased 2,000 square feet at 527 Atlantic to The Finery, company executives announced today.
Providing safe, fast, and affordable tattoo removal with state-of-the-art technology, The Finery has signed a long-term deal for the full ground floor and lower level of the property. On Atlantic Avenue between Third and Fourth Avenues, the new location is part of the 525-541 Atlantic Avenue assemblage of nine renovated, 19th century brick residential and retail buildings. Additional retail tenants at 525-541 Atlantic Avenue include Smile Direct, USPS, Yokey Pokey, Midtown Florist, and St Gambrinus.
“We are pleased to welcome The Finery to 527 Atlantic Avenue,” said Chairman and CEO, Joseph Sitt. “Nearby Atlantic Terminal and multiple transportation options, the property is well suited to serve Boerum Hill and Brooklyn’s surrounding neighborhoods.”
This lease marks the second transaction between Thor Equities and The Finery in recent months. In early June, The Finery signed a long-term deal for 1,340 square feet at Thor’s 2 Beekman Street located in Manhattan’s Financial District.
Thor Equities Group owns properties in neighborhoods throughout Brooklyn including Williamsburg, Boerum Hill, Cobble Hill, Downtown Brooklyn and Coney Island.
About Thor Equities: Thor Equities is a leader in the development, leasing and management of commercial, residential, retail, hotel and mixed-use assets in premier urban locations worldwide. The company maximizes returns for investors by recognizing a property’s potential, reducing operating expenses, increasing tenant satisfaction, and leveraging market trends to maintain a long-term competitive edge. Thor Equities is also the exclusive representative of global retailers through Thor Retail Advisors, a premier leasing agent for marquee properties worldwide. For more information, visit www.thorequities.com.
