CBRE wraps up 53M sale of Edison commercial space

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