Rare New Build Drug Store Sold By HRI
A co-development by HRI Development and StarPoint Properties sold to a private investor for $14.3 million, or about $982 per square foot. The freestanding retail building at 707 N. Pacific Ave. in Glendale, CA
The freestanding Rite Aid at 707 N. Pacific Ave. in Glendale, CA was formerly a Marie Callender's restaurant. The 14,561-square-foot retail property was the first newly-built drug store listed for sale in the San Fernando Valley since 2011.
"The local, high-net-wort
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