Rite Aid

Hilco Real Estate served as a lead real estate consultant and trusted partner to Rite Aid, working hand in hand with Rite Aid’s real estate team and providing critical consulting and landlord negotiation services on hundreds of locations across the U.S. During the site optimization engagement, the Rite Aid and Hilco teams met weekly to strategize lease status, proposed negotiated terms and important economic and non-economic considerations on a store-by-store and portfolio basis. Hilco secured millions in lease savings across hundreds of locations for Rite Aid as a result of favorable lease modifications, renewals and dispositions.