Washington Trust provides $3.9 million in financing to BPVIF V Holdings 37, LLC
May 01, 2023
Taunton, Mass. - Washington Trust’s Commercial Real Estate Group recently provided $3.9 million in financing to a Berkeley Partners entity for the acquisition of an 34,236 square foot, fully leased industrial property located at 75 John Hancock Road in Taunton, Mass.
The subject property is conveniently located in the Metro South industrial market with great highway access in close proximity to Interstates 95 and 495, as well as Routes 24 and 44. “We are excited to expand our relationship with Berkeley Partners, which own and operate more than 10 million square feet of light industrial real estate in some of the fastest growing U.S. cities and sub-markets,” 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 Bethany Lyons, Vice President, Commercial Real Estate Group, at 401-348-1538.