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Williams & Williams to Auction 34 Rite Aid Surplus Properties December 8th -- 10th

Posted on: Tue, 10 Nov 2009 05:00:00 EST

Symbols: RAD

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TULSA, Okla., Nov 10, 2009 (BUSINESS WIRE) --
RAD | Quote | Chart | News | PowerRating -- Williams
& Williams, the premier brand in real estate auction, will
auction 34 surplus
real estate properties in 14 states for Rite
Aid Corporation via single property auction events,
Tuesday-Thursday, December 8th -- 10th. Many
properties will sell Absolute, without reserve, to the highest bidder.
Each auction will be conducted through Williams & Williams' exclusive Live
From The Lawn auction platform, in partnership with Auction
Network, which enables interested buyers around the world to compete
in real time while bidding on site or online.

During this nationwide event, a wide range of commercial
real estate assets will be auctioned including a Class A shopping
center adjacent to the Las
Vegas strip, commercial and residential properties, retail
properties and land parcels. Rite Aid Surplus Property auctions will be
held in the following states: Alabama,
California,
Connecticut, Indiana,
Louisiana,
Maine,
Michigan,
North
Carolina, New
Jersey, Nevada,
New
York, Ohio,
Pennsylvania
and South
Carolina. "Auction is a time definite sale that secures real market
value through free market competition," said Pam McKissick, President
and COO of Williams & Williams. "Auctioning these assets via our global
platform will deliver the maximum benefit to Rite Aid Corporation."

Interested buyers should contact Dan Falls at 918.362.6558 or visit www.williamsauction.com/riteaid

About Williams & Williams

Tulsa, Oklahoma-based Williams & Williams, the premier brand in real
estate auctions, is a global and multi-platform auctioneer driven by
core values of free market competition and stewardship. Williams &
Williams offers auction services throughout the United States and serves
thousands of individual clients and the U.S.'s largest financial and
investment firms and government agencies. (www.williamsauction.com)

About Rite Aid Corporation

Rite Aid Corporation is one of the nation's leading drugstore chains
with more than 4,800 stores in 31 states and the District of Columbia,
with a strong presence on both the East and West coasts, and 109,000
associates. Rite Aid is the largest drugstore chain on the East Coast
and the third largest drugstore chain in the U.S. The company is
publicly traded on the New York Stock Exchange under the ticker RAD. (www.riteaid.com)

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6095515&lang=en

SOURCE: Williams & Williams


Williams & Williams 
Amanda Viles, 918-362-6508 
Amanda.viles@williamsauction.com

For full details on Rite Aid Corp (RAD) RAD. Rite Aid Corp (RAD) has Short Term PowerRatings at TradingMarkets. Details on Rite Aid Corp (RAD) Short Term PowerRatings is available at This Link.

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