Melissa Gliatta is chief operating officer at Thor Equities Group, playing an instrumental role in the success and growth of the dynamic company. Melissa began her career as vice president of human resources and was later named executive vice president of stores at Ashley Stewart, which is where she first met Joe Sitt. In 2003, she joined Thor Equities and was named vice president, focusing on operations and management of the company’s growing commercial real estate portfolios. She was then promoted to executive vice president in 2010 and was soon after named COO in 2016, a role in which she works closely with Joe to expand the company’s global business activities.
Having worked with Joe for over two decades, Melissa has developed strategic leadership, operational and negotiation skills and oversees teams throughout the US, Europe, and Latin America. She has opened the door for female leadership at Thor Equities, playing a vital role in the appointment of two women to fill both Thor’s CFO and EVP of asset management roles, and continues to be an advocate for women in the commercial real estate industry. As COO, Melissa oversees asset management, leasing, human resources, development and construction, as well as marketing and property management. Her strong leadership and operational skills have enabled her to attract a team of experienced and dedicated professionals to Thor Equities.
As of late, Melissa’s focus has been on the development and repositioning of assets in Thor’s portfolio. In Chicago, she oversees the development of two of the most highly anticipated mixed-use projects in the bustling Fulton Market District, 905 W. Fulton Market and 800 W. Fulton Market. 905 W. Fulton was fully leased to Mondelez International for their US headquarters and construction has commenced on the nearly 500,000 square foot, 18-story office tower at 800 W. Fulton. One of her most exciting achievements to date is the completion of a mixed-use development, Kirby Collection, in Houston, Texas, featuring 1 million square feet of retail, office, and residential space. While Melissa motivates the Thor team to focus on the future and be ahead of the curve in the development of new sites, she has guided Thor in the restoration and repositioning of a number of historic assets as well. Thor’s portfolio includes a number of properties that are icons in their respective cities including Chicago’s esteemed, nearly 150-year-old, Palmer House Hilton; the 200-year-old Burlington Arcade in London; the 111-year-old Phelan Building in San Francisco; and the Masaryk portfolio in Mexico City.
As COO, Melissa leads the team in all initiatives across all asset classes and helps Thor keep its competitive edge. Her extensive experience has allowed the company dive deep into all asset classes and efficiently execute deals. She recently oversaw the successful leasing of the retail portion of the esteemed Carlton House on Madison Avenue which is now at full occupancy with tenants including Tom Ford, Brioni, Morgenthal Frederics, Missoni, Sergio Rossi, and Ralph and Russo. Years prior, she played an instrumental role in the leasing of 693 Fifth Avenue to Valentino and then oversaw the sale of the property in 2016 for $525 million. Abroad, Melissa was a key player in the sale of London’s Burlington Arcade for $407 million in 2018, and sale of 65 Champs-Elysees in Paris for $544M in 2016. An incredible leader and brilliant dealmaker, Melissa has played an influential role in Thor’s growth and laid the groundwork for female leadership in not only the company, but the commercial real estate industry.
Thor Equities Group
25 West 39th St.
New York, NY 10018