Edison logistics center sold for $247 million, CBRE says, touting 2020 industrial deals

Rockefeller Group has sold a newly built, 900,022-square-foot industrial building in Edison for $247 million, in one of several newly announced deals by CBRE.

The property, which was recently completed, is located at 2205 Route 27 on a 56-acre site directly off Interstate 287. A buyer identified as Property Reserve Inc. purchased the sprawling facility, which reportedly is leased to Amazon.

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