News: Retail
Posted: August 27, 2015
Groblewski with Miller of Fantini & Gorga arrange $7.5 million for Rite Aid Pharmacy
Fantini & Gorga arranged a $7.5 million acquisition financing package for a free-standing Rite Aid Pharmacy.
With assistance from senior analyst Chris Miller, Casimir Groblewski, senior managing director, represented his client, Wells Realty LP, an affiliate of a Massachusetts-based development and investment company, and arranged the new mortgage with a leading regional financial institution.
Containing 14,673 s/f of net rentable area, this Rite Aid is located in the heart of downtown, less than a mile from Colby College and Rte. I-95. Completed in 2009, the property features a convenient corner site and drive through with canopy, as well as a high volume pharmacy layout.
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