A Middletown developer has taken out a $4.4 million loan with Liberty Bank so it can begin building a nearly 15,000 square foot drugstore at West Main Street, Maple Avenue and Main Street.
Centerplan Cos. took out the loan to cover the construction costs of the new Rite Aid, as well as to pay for the two properties it had to acquire in order to build the store, said Robert Landino, the companyís chief executive.
Landmark Square is Middletown's premier downtown office and retail spaceLandmark Square is Middletown's premier downtown office and retail space located in the historic section of Main Street.
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