News: Owners Developers & Managers

Bergin of Pearce Real Estate brokers $1 million building sale

Milford, CT According to Barbara Pearce, CEO and president of Pearce Real Estate, John Bergin, senior commercial specialist in the company’s commercial office, represented the seller, 65 Caswell Street Associates LLC, in the sale of 497 Bic Dr. for $1 million. The 12,686 s/f building on 2.25 acres was formerly occupied by LDB, Levy Diamond Bello Associates LLC. The property has been purchased by Consumers Petroleum of CT Inc. and represented by David Flayhan of the Southport Group.

Barbara Pearce, Pearce Real Estate

 

John Bergin, Pearce Real Estate

 

Pearce said, “John has once again sold this building, which he previously sold in 2000 to LDB. This just goes to show that he has truly become a go-to agent in Milford, whether for buyers or sellers, as he has both detailed and historical knowledge of the property inventory. Having been top sales agent last year, he is starting out strongly for this year as well.” 

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. 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.

Pearce Real Estate is a full-service real estate company with more than 100 agents and eight branch offices in greater New Haven and the Shoreline. Commercial Real Estate offices are located in North Haven, Milford and Rocky Hill.

MORE FROM Owners Developers & Managers

Heritage Properties celebrates preleasing of The Emery in Lowell

Lowell, MA According to Heritage Properties, The Emery – its newest multifamily community in downtown – is officially open for preleasing. Located at 218 Middlesex St., The Emery is at the corner of Middlesex and Pearl Sts. in the city’s JAM (Jackson/Appleton/Middlesex) urban renewal neighborhood zone.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch

Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch

On October 14, 2025, in a landmark decision with significant implications for the Florida real estate market, the Supreme Court of Florida formally denied Two Roads Development’s (TRD Biscayne LLC) petition for review in its long-running case against unit owners of Biscayne 21,
IREM president’s message:  Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

IREM president’s message: Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and

Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Until recently, the Conant Thread District consisted of approximately 150 acres of underutilized industrial land spanning Pawtucket and Central Falls. Today, the area is one of the most significant
Revitalized Town Centers:  Retail??? - by Carol Todreas

Revitalized Town Centers: Retail??? - by Carol Todreas

It is now widely accepted that customers want to shop in person at physical stores. Brands know that they do better business in a physical store than just on line so they want to open stores. Demand for retail space by digital merchants, local entrepreneurs, and newly developed national chains