Westerly, Rhode Island... Washington Trust’s Commercial Real Estate Group recently provided financing to Link Commercial Properties, LLC for the $1,850,000 purchase of a one-story, 35,355 square foot warehouse/distribution facility on 3.2 acres in Woonsocket Industrial Park, known as Highland Corporate Park, located at 1268 Park East Drive in Woonsocket, R.I. The property is the current home of Autocrat, LLC, Rhode Island’s flagship coffee brand.
Link Commercial Properties, LLC is a real estate development company fully managed and owned by Frank Paolino, a Rhode Island real estate developer for more than 28 years.
Washington Trust's Commercial Real Estate Group provides commercial real estate mortgages for the construction, refinancing, or purchasing of investment real estate projects. Financing ranges in size from several hundred thousand dollars up to multi-million dollar projects. For more information, contact Julia Anne M. Slom, Senior Vice President, Commercial Real Estate Group, toll-free at 800-475-2265 x1430 or directly at 401-348-1430.
Founded in 1800, Washington Trust is the largest independent bank headquartered in Rhode Island and the oldest community Bank in the nation. Washington Trust provides commercial banking, small business banking, personal banking, mortgage banking, and wealth management and trust services to individuals and institutions throughout the Northeast. 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. Washington Trust is an SBA preferred lender. 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, which was recently listed as one of the top 25 small-cap institutions in the United States by Sandler O’Neill + Partners “2011 Bank and Thrift Sm-All-Stars” report.