In December 2015, Thor Equities purchased a post office in the Design District for $43.2 million.

The two story building located at 70 NE 38TH St was built in 1947 and resides in the changing and expanding Design District. 

Thor Equities plan on designing a 57,961 square foot building with three floors that will include a rooftop deck. There will also be six retail tenants. 

Plans were designed by Touzet Studio.