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Real Estate Rumors: Thor Equities, JBL, Ares Management

By Andrew McIntyre ( December 9, 2016, 4:06 PM EST) -- Thor Equities LLC has purchased a medical office building in Cupertino, California, for $67 million from Vereit Inc., the Silicon Valley Business Journal reported on Thursday, citing sources with knowledge of the matter. The deal is for 19000 Homestead Road, a 100,325-square-foot, two-story property that is leased to Kaiser Permanente Inc., according to the report. The property, which Kaiser has leased through 2023, last sold in 2013 for $62.5 million, the journal said....

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