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.