Sale of 33,000 +/- SF Education Center, Moorsetown NJ & Long Term Lease
Rose Commercial Real Estate Negotiated the Sale of a 33,000 +/- Educational Center in Moorestown for $3.2 Million and Long-Term Lease for the Seller’s New Home
2 Part Transaction Sale/ Lease:
SALE: 244 Route 38, Moorestown, NJ
Property Type: Educational Facility
Size: 33,000 +/- SF on 4 +/- acres
Seller: Kingsway Learning Center
Broker: Jeff Lucas, Director of Business Development, Rose Commercial Real Estate
LEASE: 6000 Lincoln Drive, Marlton NJ
Property Type: Free-Standing Building
Size: 20,000 +/- SF
Tenant: Kingsway Learning Center
Landlord: Fred Giuliano
Broker: Jeff Lucas, Director of Business Development, Rose Commercial Real Estate
Details: Led by Director of Business Development Jeff Lucas, Rose Commercial Real Estate was proud to represent Kingsway Learning Center (KLC), South Jersey’s well-known education facility for adults with special needs. The two-part transaction included a search to find a buyer suitable for the 33,000 +/- square foot property on 4 +/- acres of prime redevelopment land at the intersection of Route 38 and Pleasant Valley Avenue. Working hand-in-hand with the buyer’s broker, Lucas negotiated the sale to another educational training center. The deal closed on August 19, 2025 for $3.2 million. Simultaneously, Rose Commercial was engaged to find a new home for KLC and Lucas secured a long-term lease of 20,000 +/- square feet at 6000 Lincoln Drive in Marlton, NJ. Located on heavily-travelled Route 73, the free-standing property has prominent signage and offers convenience for both students and staff with close proximity to I-295, New Jersey Turnpike and area bridges. KLC will remain a tenant in Moorestown until early 2026 while the new space is retrofitted.
