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Washington Trust Provides $22.5 Million in Financing  for Office and Flex Portfolio in Newton, MA

Washington Trust Provides $22.5 Million in Financing for Office and Flex Portfolio in Newton, MA

November 8, 2017 - Washington Trust’s Commercial Real Estate Group recently provided $22.5 million in financing to Chapel Business Partners, LLC, and SDC Watertown Partners, LLC, for the refinancing of an office and flex portfolio in Newton, Massachusetts. The portfolio is comprised on a 78,187 square-foot office building at 59-85 Chapel Street, a 32,000 square-foot flex/office building at 85 School Street and an 11,300 square-foot flex/office building at 165 Dexter Street.

Washington Trust Provides Commercial Financing for the Development of a Two-Parcel Property in Dedham, MA

January 26, 2017 - Washington Trust’s Commercial Real Estate Group recently provided commercial financing to Dedham Retail Realty Ventures for the development of a two-parcel property directly across from Legacy Place, a 600,000 square-foot open air shopping, dining and entertainment destination in Dedham, MA.

Washington Trust Provides $33.5 Million in Financing for Five Building Retail Property in North Haven, CT

January 4, 2017 - Washington Trust’s Commercial Real Estate Group recently provided $33.5 million for the refinancing of North Haven Commons, a five building, multi-tenant retail property in North Haven, Connecticut.

Washington Trust Provides Commercial Financing to Rhode Island Based IT Consulting Firm; Vertikal6

December 1, 2016 - The Washington Trust Company recently provided commercial financing to Vertikal6, a full service IT consultant located in Warwick, Rhode Island. Vertikal6 provides IT outsourcing, professional services and software development to the Greater New England area, and was designated one of Rhode Island’s fastest growing and most innovative companies by Providence Business News in 2014 and one of the state’s best places to work by Providence Business News in 2016.
Washington Trust Donates $9,000 to Local Food Pantries in Connecticut, Massachusetts & Rhode Island

Washington Trust Donates $9,000 to Local Food Pantries in Connecticut, Massachusetts & Rhode Island

November 22, 2016 - This week, ahead of Thanksgiving and the upcoming holiday season, the Washington Trust Charitable Foundation donated a total of $9,000 to assist 18 local food pantries located in the Southern New England communities the Bank serves.

Washington Trust Provides $13.5 Million in Financing for Off-Campus Student-Housing Complex Near UCONN

November 22, 2016 - Washington Trust’s Commercial Real Estate Group recently provided $13.5 million in financing to Uniglobe Investment, LLC, for an off-campus student-housing complex in Mansfield, Connecticut, 10-15 minutes from the University of Connecticut campus.
Washington Trust Provides $2.5 Million in Financing for CVS Pharmacy in Long Island, NY

Washington Trust Provides $2.5 Million in Financing for CVS Pharmacy in Long Island, NY

November 16, 2016 - Washington Trust’s Commercial Real Estate Group recently provided $2.5 million to W.H.M. Realty, LLC, for the refinancing of a 10,880 square-foot CVS Pharmacy located on the South Shore of Long Island, in Bay Shore, New York.

Washington Trust Provides $6 Million in Financing for Multi-Tenant Retail Center in Waterbury, CT

November 9, 2016 - Washington Trust’s Commercial Real Estate Group recently provided $6 million in financing to Waterbury LIR, LLC, for the purposes of equity recapture and funding construction and future tenant improvements to the Waterbury Shopping Center in Waterbury, Connecticut.

Washington Trust Provides Commercial Financing for Hampton Inn Hotel in South Kingstown, RI

November 3, 2016 - Washington Trust’s Commercial Real Estate Group recently provided commercial financing to Village Hotel Associates, LLC, for the refinancing of a Hampton Inn hotel in South Kingstown, Rhode Island.

Washington Trust Provides $12 Million in Financing for Office/Retail Property in Boston’s Back Bay

October 28, 2016 - Washington Trust’s Commercial Real Estate Group recently provided $12 million to Newglo Associates 284, LLC, for the refinancing of an 18,942 square-foot office and retail property in Boston, MA.

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