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Rite Aid Completes Sale Leaseback of Massive Distribution Center in Aberdeen, Maryland

MCB Real Estate, Artemis Real Estate Pay $65 Million for Drugstore Chain's Northeast Hub
601 Chelsea Road in Aberdeen, Maryland. (CoStar)
601 Chelsea Road in Aberdeen, Maryland. (CoStar)
By Mark Iovanisci
CoStar Research
November 19, 2020 | 8:38 P.M.

Rite Aid has sold its massive warehouse and distribution center in Aberdeen, Maryland, as part of an agreement that will see the American drugstore chain lease back the property from the new owners.

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