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Washington Trust Newsroom

Washington Trust Provides $1.3 Million to MCG Johnston, LLC for Dollar General Construction

Washington Trust’s Commercial Real Estate Group recently provided $1.3 million to MCG Johnston, LLC, for construction and permanent financing of a 9,100 square foot Dollar General retail store in Johnston. Dollar General was founded in 1939 and operates more than 15,500 stores across 44 states.

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Joseph Picozzi Joins Washington Trust as Mortgage Loan Officer

The Washington Trust Company is pleased to announce that Joseph Picozzi has joined the Bank’s mortgage department as a mortgage loan officer. Working out of Washington Trust’s offices at the Johnston branch, he is responsible for developing and maintaining mortgage lending relationships throughout the Bank’s Rhode Island market area.

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Lyme Academy Apartments, LLC Receives $2.4 Million in Financing from Washington Trust to Appeal to New Audience

Old Lyme, CT- Washington Trust’s Commercial Real Estate Group recently provided $2.4 million to Lyme Academy Apartments, LLC, for renovations and permanent financing of a 12-unit apartment complex at 77 Lyme St., Old Lyme. The apartments will no longer be rented to Old Lyme Academy students, and will appeal to working professionals, families, and retirees looking to downsize.

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Sandra Mazo Joins Washington Trust as Mortgage Loan Officer

The Washington Trust Company is pleased to announce that Sandra M. Mazo has joined the Bank’s mortgage department as a mortgage loan officer. Working out of Washington Trust’s offices at the Governor Francis branch, she is responsible for developing and maintaining mortgage lending relationships throughout the Bank’s Rhode Island market area.

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Washington Trust Provides $4.2 Million to Woodgreen Shelton, LLC for Class B Office Building

Washington Trust’s Commercial Real Estate Group recently provided $4.2 million to Woodgreen Shelton, LLC, for financing of a 46,000 square foot Class B office building in Shelton.
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Washington Trust Provides $10 Million to Berkeley Partners for Marlborough Industrial Building

Washington Trust’s Commercial Real Estate Group recently provided $10 million to an affiliate of Berkeley Partners, for financing of a 144,784 square foot industrial building in Marlborough.
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Washington Trust Provides $5.7 Million to Lexmar Realty, LLC for Construction of Office Headquarters

Milford, CT - Washington Trust’s Commercial Real Estate Group recently provided $5.7 million to Lexmar Realty, LLC, for the construction and permanent financing of a new 23,293 square foot office building at 100 Plains Road in Milford. This new location benefits from its I-95 frontage and is about 15 miles southwest of New Haven Central Business District and about 30 miles northwest of the Stamford Central Business District.

Washington Trust Provides $13.9 Million to Storrs Property Group/ Willington Property Group for Renovation of UConn Off-campus Housing

Washington Trust’s Commercial Real Estate Group recently provided $13.9 million to Storrs Property Group/ Willington Property Group LLCs, for financing and the renovation of two student apartment complexes near the UConn Storrs Campus.

Washington Trust Provides $15.4 Million in Commercial Financing for Acquisition of Office Building in Norwood, MA

Washington Trust’s Commercial Real Estate Group provided $15.4 million to a Massachusetts based developer for the acquisition of a 130,000 square-foot office building in Norwood, Massachusetts. Located at the intersection of Route 1 and University Avenue in Norwood, the property includes 24 acres of land across three continuous parcels. The building, constructed in 1980, spans the property and contains 132,457 square-feet of office space as well as an onsite café and gym.

Washington Trust Presents 2019 Team Leadership Award

On Thursday, November 28th, The Washington Trust Company presented the 2019 “Washington Trust Team Leadership Award” to Antonio Reale of Stonington High School and Rocco Cillino of Westerly High School as part of the annual Westerly High School vs. Stonington High School Thanksgiving Day football game. The annual “Washington Trust Team Leadership Award” celebrates those students who are dedicated to their teammates, continually possess and maintain a positive attitude, and exhibit team spirit. Reale and Cillino were selected by their coaches for serving as positive role models, loyal sportsmen, and leaders on their respective teams and in their community.

Media Inquiries Contact
Elizabeth B. Eckel
SVP, Chief Marketing & Corporate Communications Officer
23 Broad Street
Westerly, RI 02891
(401) 348-1309


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