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CBRE wraps up $53M sale of Edison commercial space

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Festival Plaza, Route 27, Edison.
Festival Plaza, Route 27, Edison. - ()

Real estate firm CBRE has completed the $53 million sale of Festival Plaza in Edison.

Jeffrey Dunne, David Gavin and Travis Langer of CBRE’s National Retail Partners represented owner Edison I LLC and was responsible for procuring the buyer, a local private investor.

The approximately 151,763-square-foot center is located on Route 27 and is fully leased.

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Elana Knopp

Elana Knopp

Elana Knopp covers all things real estate for NJBIZ. You can contact her at eknopp@njbiz.com.

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