Real Estate
Stratford Building Sells for $1.95 Million
The 35,488 square-foot building was formerly occupied by Advanced Graphics and overlooks the Housatonic River.
Barbara L. Pearce, CEO and President of Pearce Real Estate, announced today that John Bergin, Pearce Senior Commercial Specialist in the Company’s Milford Commercial office, represented the buyer, Coating Design Group, in the $1.95 million sale of a building at 430 Sniffens Lane in Stratford.
The 35,488 square-foot building, formerly occupied by Advanced Graphics, overlooks the Housatonic River. The seller, The Putney Associates of New York, was represented by David Gorbach of Colonial Realty of Fairfield.
Read more from the press release below:
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“John Bergin’s successful sale of this building to his client. Coating Design Group, allows them the room and space to expand their operation,” Pearce said. “Because of his efforts, CDG will increase its production staff and accommodate its anticipated future growth – two vital elements in strengthening the economic health of the region and of the State of Connecticut.”
Coating Design group, founded in 1988, has gained worldwide status with its innovative process and unparalleled quality. The company formerly occupied 16,000SQFT in two buildings in Milford. Coating Design Group produces a water-based coating which has scratch, fog, static and non-glare resistance to glass and plastic parts primarily in the aerospace, automotive, defense, electronic, marine, medical and securities industries. For more information, please go to www.coatingdesigngroup.com
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Bergin has been a real estate broker since 1984, specializing in commercial and industrial lease and sale properties. Before entering the commercial real estate field, he had a fifteen year career in the information field with a Fortune 500 corporation. A lifelong resident of Milford, he received his degree in marketing and finance from Nichols College of Business Administration in Massachusetts. .Mr. Bergin holds memberships in the Greater New Haven Association of Realtors® (GNHAR), Connecticut Association of Realtors® (CAR), National Association of Realtors® (NAR), and the Commercial Investment Division (CID) of the GNHAR. Over the past decade, he has been the recipient of ten CID “Deal of the Year” recognitions for land sales, industrial sales, and investment sales. He is a past president of the Milford Literacy Center, past president of The Milford Club, a director of the Milford Chamber of Commerce, member of Milford Progress, and chairman of the literacy committee for the Devon Rotary Club.
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