Westerly, Rhode Island...Washington Trust's Commercial Real Estate Group has provided $5.2 million in financing to Meriden Retail, LLC for refinancing the Silver Commons Shopping Center, located along South Broad Street, Route 5, in Meriden, CT. The property consists of a multi-tenanted retail building and a free-standing bank branch totaling 26,260 square feet. The center is leased to a variety of regional and national tenants including Starbucks, Cold Stone Creamery, AT&T, Aspen Dental, Hair Cuttery, Fed Ex/Kinko's, Liberty Travel, and Pizza Hut.
“We wish Meriden Retail the best of luck with the Silver Commons Shopping Center, a complex that offers great retail shopping to the central Connecticut market,” said Washington Trust's Joseph J. MarcAurele, Washington Trust's President and Chief Operating Officer.
For more information, contact Suzanne Walsh Erno, Vice President, Commercial Real Estate Group, toll-free at 800-475-2265 or directly at 401-348-1492.
Founded in 1800, Washington Trust is one of New England's premier financial services companies, providing commercial banking, mortgage banking, personal banking, and wealth management services to individuals and institutions throughout the region. Our Commercial Banking Group offers a full line of commercial and industrial lending, commercial real estate, and cash management services to borrowers throughout the Northeast. Our team of experienced professionals are dedicated to providing customized, comprehensive financing and personalized services. The Washington Trust Company is a subsidiary of Washington Trust Bancorp, Inc., (NASDAQ Global Select, symbol: WASH). Web site address: www.washtrust.com.