Washington Trust provides $1.527 million in financing to 140 Corporate Drive Investors, LLC
June 06, 2023
Trumbull, Conn. - Washington Trust’s Commercial Real Estate Group recently provided $1.527 million in financing to 140 Corporate Drive Investors, LLC for the acquisition of a 17,796 square foot single-tenant industrial property located in Trumbull, Conn.
The subject property is currently occupied by a local manufacturing company in an active industrial park with convenient access to I-95 and I-84, as well as CT Route 25. “We are excited to provide financing for this type of light industrial property which, in the greater Fairfield market, is of high demand but limited supply,” said Julia Anne M. Slom, Washington Trust’s Executive Vice President & Chief Commercial Real Estate Officer.
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 Brett Eagleson, Vice President, Commercial Real Estate Group, at 860-415-7053.