August 9, 2012

Future E. Hfd. Rite Aid site draws $5.9M

An East Hartford retail site that this fall opens as a Rite Aid drug store has been sold for $5.9 million, realty sources say.

Acorn II LLC bought the property at 329 Ellington Road and 550-552 School St. from RA East Hartford LLC of Middletown, authorities said Thursday. Acorn, too, is financing the construction.

Rite Aid is the sole tenant for the site.

Middletown's Centerplan Construction is project contractor for the store due to completed in September.

Calcagni Associates Real Estate represented buyer and seller in the deal.

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