Real Estate

Keystone Signs Tabula Rasa HealthCare to 74,565-SF Lease in Moorestown

Keystone Property Group, a real estate developer, manager, and investor of mixed-use properties, announced a 74,565-square-foot lease with Tabula Rasa HealthCare, Inc. The healthcare technology company, recognized as a leader in providing patient-specific, data-driven technology and solutions for health care organizations, will join Keystone’s Moorestown Corporate Center in Moorestown.

A three-building office property, Moorestown Corporate Center is comprised of 223,000 square feet of prime office space in western Burlington County. After acquiring the property in 2012, Keystone completed a wide range of capital improvements to the building’s interior and exterior, including new landscaping and upgrades to the lobby and common areas.

“With the property’s park-like setting and three-story atrium lobbies, Moorestown Corporate Center is an ideal headquarters location for dynamic, forward-thinking firms,” said Bill Glazer, president of Keystone Property Group. “Because of the aesthetic and functional qualities of Moorestown Corporate Center, our tenant mix includes prominent national firms like Allstate Insurance and Destination Maternity, and we’re pleased that Tabula Rasa HealthCare chose to bring its new corporate headquarters here.”

Situated on Route 38 near the New Jersey Turnpike and Interstate 295, the property is near various shopping destinations, including the Moorestown Mall and East Gate Shopping Center, as well as numerous restaurants and first-class hotels.

“Conveniently located near the New Jersey Turnpike, I-295 and other major roadways, we found this prominent office complex to be an extremely attractive option,” said Calvin H. Knowlton, chairman and CEO of Tabula Rasa HealthCare. “We were looking for a property that could inspire our employees and accommodate our evolving needs. The convenience and indoor and outdoor amenities of Moorestown Corporate Center makes the property a perfect fit for our company.”

Brian Saggiomo of CBRE represented Tabula Rasa HealthCare in the lease transaction, while Scott Paymer represented Keystone in-house.

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