Friday, July 15, 2022

Rite Aid Downsizes Headquarters in Relocation to Philadelphia

 By Linda Moss CoStar News

Pharmacy chain Rite Aid has moved to accommodate a more remote workforce, downsizing and relocating its headquarters to Philadelphia and selling its former one in central Pennsylvania.

The retailer this week unveiled its new base on the second floor of 1200 Intrepid Ave. in Philadelphia’s Navy Yard district. It's a 23,000-square-foot space that Rite Aid in a statement called its Collaboration Center, a place that aims to bring the company's "remote corporate workforce and associates together in a modern space with state-of-the-art amenities."

Rite Aid last September announced it was moving its headquarters from a 205,000-square-foot office building it occupies at 30 Hunter Lane in Camp Hill, which is near Harrisburg.

The company owns its former headquarters property, and has put it on the block, Rite Aid spokeswoman Terri Hickey said in an email Thursday. 

Pharmacy chain Rite Aid has moved to accommodate a more remote workforce, downsizing and relocating its headquarters to Philadelphia and selling its former one in central Pennsylvania.

The retailer this week unveiled its new base on the second floor of 1200 Intrepid Ave. in Philadelphia’s Navy Yard district. It's a 23,000-square-foot space that Rite Aid in a statement called its Collaboration Center, a place that aims to bring the company's "remote corporate workforce and associates together in a modern space with state-of-the-art amenities."

Rite Aid last September announced it was moving its headquarters from a 205,000-square-foot office building it occupies at 30 Hunter Lane in Camp Hill, which is near Harrisburg.

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