Thor Adds Philadelphia Mall to Retail Portfolio
Thor Equities L.L.C. has continued a busy year of acquisitions by adding the 640,117-square-foot Cheltenham Square Mall in Philadelphia to its portfolio. Thor has purchased the mall from Simon Property Group for an undisclosed price, according to reports in the Philadelphia Inquirer and Philadelphia Business Journal. A spokesperson for Simon referred calls to Thor, which could not be reached by deadline for comment about its plans for the mall.