Rose Commercial brokers three land sales in South Jersey

Rose Commercial Real Estate has negotiated a trio of land sales in South Jersey, it announced.

The three sales total nearly 100 acres, with Jeffrey Lucas, director of business development, brokering all three deals. They include:

  • 12 acres, Bancroft Lane, Hainesport, $1.35 million: Bruce Paparone Development Inc. bought the property from Quaker Group Burlington II L.P. The homebuilder plans a subdivision of single-family homes.
  • 32 acres, Centerton Road, Moorestown, $2.65 million: Parkers Bend Retirement Community LLC bought the property from Laurel Creek LP/Toll Bros. Plans are for a luxury 55-plus community.
  • 56 acres, Medford Evesboro Road, Medford, $1.4 million: Bob Meyer Communities bought the property from Medford Arc Wheeler. Plans are for a residential development.

Rose Commercial is based in Marlton.