236 Route 38 in Moorestown — Courtesy: Wolf Commercial Real Estate
By Joshua Burd
A nonprofit has leased nearly 15,000 square feet of office space in Moorestown, in a newly announced transaction by Wolf Commercial Real Estate.
In a news release, the brokerage firm said it represented Bancroft in the deal at 236 Route 38, which will allow for an expansion of the organization’s administrative offices. The tenant, which provides programs and services for individuals with autism, intellectual and developmental disabilities and those in need of neurological rehabilitation, is leasing 14,714 square feet from 236 Route 38 Associates LLC.
WCRE Managing Principal Jason Wolf completed the assignment, noting that Bancroft picked the location due to its access to all points throughout the southern New Jersey region. The site is minutes from Interstate 295, Route 73 and The New Jersey Turnpike.
The new Moorestown facility will undergo an interior and exterior renovation as a result of the lease, WCRE said.
