Commercial Lending, Commercial Real Estate

Washington Trust Provides $2.7 Million in Financing for Multi-Tenant Commercial Property in Wallingford, CT

March 28, 2018

March 28, 2018

Wallingford, CT – Washington Trust’s Commercial Real Estate Group recently provided $2.7 million for the refinancing of a multi-tenant flex commercial property in Wallingford, Connecticut. The one-story building includes 41,284 square-feet of office and industrial space located directly off of Interstate-91, within Barnes Industrial Park in Wallingford.

“This property enjoys a convenient location in one of the premier business parks, with excellent access to both the highways and local amenities,” said Julia Anne M. Slom, Senior Vice President & Team Leader of Washington Trust’s Commercial Real Estate Group. “We are very pleased to continue our relationship with the ownership, who are long term clients of Washington Trust.”

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 Timothy Pickering, Senior Vice President, Commercial Real Estate Group, at 401-348-1482 or 1-800-475-2265 ext. 1482.

ABOUT WASHINGTON TRUST
Founded in 1800, Washington Trust is the oldest community bank in the nation and one of the Northeast’s premier financial services companies. Washington Trust offers a full range of financial services, including commercial banking, mortgage banking, personal banking and wealth management and trust services through its offices located in Rhode Island, Connecticut and Massachusetts. The Washington Trust Company is a subsidiary of Washington Trust Bancorp, Inc., (NASDAQ: WASH). Additional information on Washington Trust and its subsidiaries can be found at https://www.washtrust.com/.

View more company news