07/18/2018 - Foundation Academy Charter School Purchases Trenton Property

Contact: Michael Pratico Sr.

Telephone: (609)-586-1000 ext. 25

E-mail: mpratico@richardsoncommercial.com

Foundation Academy Charter School

Purchases Trenton Property

TRENTON, NJ, July 18, 2018 – Foundation Academy Charter School serves over 1,000 students in grades kindergarten through 12 in Trenton, New Jersey. The school, which opened in the former Sacred Heart School in 2007, has seen steady, strong growth and their recent acquisition will help continue their upward trajectory.

Foundation Academy purchased the school they had been leasing, as well as several surrounding parcels from The Church of Sacred Heart of Trenton, NJ. Michael J. Pratico Sr., Broker of Record of Richardson Commercial Realtors®, arranged the transaction and represented the seller.

“I’m pleased to have the Parish sell the property,” said Pratico. “Owning the space will give them the freedom to update it and further their mission of providing students with an exceptional education.”

A division of one of the Delaware Valley’s premier full-service commercial real estate, appraisal and property management firms, Richardson Commercial prides itself in combining education, marketing savvy, seasoned counsel and an in-depth knowledge of the Central Jersey market to successfully sell properties and help clients reach their investment goals. The Richardson Commercial umbrella also includes the Richardson Management Group and Lexington Appraisal Group. For more information, please visit richardsoncommercial.com. For more information on Foundation Academy Charter School, visit foundationacademies.org.