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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.
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Washington Trust Helps Fight Hunger in Southern New England

Each year during the holiday season, The Washington Trust Charitable Foundation presents $500 checks to food pantries located across the Southern New England communities in which the bank serves. This year, 19 checks were distributed, totaling $9,500 in donations.
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Washington Trust Promotes Daniel Orovitz to Vice President of the Bank’s Cash Management Division

The Washington Trust Company is pleased to announce that Daniel Orovitz has been promoted to Vice President for the Company’s Cash Management division. In his new role, Orovitz will focus on business development and help business customers achieve efficiencies in receivables, payables and treasury management. Washington Trust’s Cash Management division also provides fraud protection services to help minimize risk to organizations and safeguard accounts against potential fraud.
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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.
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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.

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


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