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Milford Industrial Property Sold for $1M

April 2, 2018 | Reprints | Unlock Link | Print

An industrial property at 363 Naugatuck Ave. in Milford has been sold for $1.075 million.

The 18,634-square-foot facility set on 1.4 acres was previously leased to United Rentals for 17 years.

John Bergin, senior commercial specialist at Pearce Commercial’s Milford office, represented the seller, Travo of Milford LLC, and the buyer, 363 Naugatuck Ave. LLC.

“The sale of the property was completed within just eight weeks of being listed, which is uncharacteristically quick for an industrial property in this market,” Bergin said in a statement.