Rite Aid sells its former HQ for $4.7M

Rite Aid

Rite Aid Corporation on Hunter Lane in East Pennsboro Township. September 14, 2021. Dan Gleiter | [email protected]

Rite Aid exited the region last year but now you can say it’s official. The former longtime headquarters of Rite Aid in East Pennsboro Township, near Camp Hill, has been sold.

Rite Aid spokesperson Alicja Wojkcyk confirmed to PennLive that the pharmaceutical company settled the sale of the property at 29 and 30 Hunter Lane on Feb. 28 with White Rock Realty. The property was sold for $4.73 million, according to Cumberland County property records.

White Rock Realty Associates LLC is located at 636 Old York Road in Jenkintown, Montgomery County, according to business records with the Pennsylvania Department of State. That address is the same as Goodman Properties, which has more than 100 properties in the state, according to its website, including the Chelsea Square shopping center in Manheim Township, Lancaster County.

Officials from Goodman Properties couldn’t immediately be reached for comment.

A Rite Aid official told PennLive last year that the company was marketing the property for sale.

In September 2021, Rite Aid announced that its corporate employees would be going remote, and that it would downsize its headquarters and move to Philadelphia. Rite Aid officially moved its headquarters to Philadelphia in July.

The company said the new 23,000-square-foot headquarters, which it calls a collaboration center, offers employees across Rite Aid’s various businesses – including Rite Aid retail pharmacy, Elixir, Health Dialog, and Bartell Drugs – space to meet and collaborate.

Rite Aid owned three buildings on Hunter Lane and had occupied them since 1991.

  • The 30 Hunter Lane main office building has approximately 175,000 square feet of space.
  • The annex has approximately 29,000 square feet of space.
  • The 29 Hunter Lane Building has approximately 3,300 square feet of space

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