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National brand buys preschool

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The Cambridge School at Wellington, a branch of the private Cambridge
Learning Centres preschools, has sold for $5.2 million, according to
public records. Wellington Learning Centre sold the property, located
at 1920 Royal Fern Drive in Wellington, to Knowledge Learning
Corporation, a national provider of child care and education which is
“expanding and aggressively looking for new real estate sites,” as well
as “business acquisitions of multi-unit chains,” according to its Web
site. Last week, KLC announced its purchase of the chain, which will continue to operate under the name Cambridge Learning Centre. TRD

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