VCU buys Richmond Rite Aid site and now controls all 4 corners of the Broad-Belvidere intersection

VCU Real Estate Foundation buys Broad Street Rite Aid

RICHMOND, Va. (WRIC) -- The Virginia Commonwealth University (VCU) Real Estate Foundation has bought a Rite Aid on Broad Street near the university's Monroe Park campus. According to a university spokesperson, the purpose of the Real Estate Foundation is to identify and purchase properties for potential use by the university. There are reportedly no specific purposes identified by the university for the property, and Rite Aid will continue to le…

VCU buys Richmond Rite Aid site and now controls all 4 corners of the Broad-Belvidere intersection

A VCU spokesperson said there are “no specific purposes identified by the university” for the property and that Rite Aid will continue to lease its building and parking lot.

VCU now controls all 4 corners of Broad-Belvidere intersection after $4.6M Rite Aid buy - Richmond BizSense

A VCU spokesperson said there are "no specific purposes identified by the university" for the property and that Rite Aid will continue to lease its building and parking lot.