PCH Rite Aid Trades in New Net Lease Deal

January 19, 2015 | By: David Phillips    CORONA del MAR, CA—The Newport Beach Office of Marcus and Millichap has closed on a net leased Rite Aid. The property located on Pacific Coast Highway in Corona del Mar, California sold for $8 million and received multiple offers. Paul Bitonti, vice president investments and Joe Costanzo,…