Rite Aid Corporation

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Rite Aid Realty Corporation is a subsidiary of the Rite Aid Corporation, one of the nation's leading drugstore chains. The parent company combines its store base, brand name, distribution centers and pharmacy technology with a team of approximately 70,000 full- and part-time associates serving customers in nearly 30 states. Rite Aid operates approximately 3,325 stores, reporting total sales of nearly $18 billion at the end of its 2006 fiscal year. Rite Aid Realty Corporation controls surplus properties located on the east and west coast. While many sites are primarily located in shopping centers, it also manages freestanding and downtown locations, as well as raw land. Locations range from 400 square feet to more than 250,000 square feet. Most properties are leased by the company and are available on a sublease basis. Rite Aid Realty Corporation maintains a location in Camp Hill, Pa.