Washington Trust provides $4.925 million in financing to Phoenix Central Falls Industrial Investors, LLC
August 30, 2023
Central Falls, R.I. - Washington Trust’s Commercial Real Estate Group recently provided $4.925 million in financing to Phoenix Central Falls Industrial Investors, LLC for the renovation and future tenant improvements of a 350,000 square foot industrial building located on Broad Street in Central Falls, R.I.
“Washington Trust is pleased to provide a financing solution for our client as they purchase and reposition this strategically located asset in Central Falls,” said Julia Anne M. Slom, Washington Trust’s Executive Vice President & Chief Commercial Real Estate Officer.
Phoenix Investors is a national real estate investment company headquartered in Milwaukee, W.I., whose core business is the revitalization of former manufacturing facilities throughout the United States. Phoenix Investors affiliates hold interests in more than 65 million square feet of industrial real estate in the country.
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 Kevin Hanrahan, Vice President, Commercial Real Estate Group, at 401-348-1354.
By accessing the noted link you will be leaving Washington Trust's website and entering a website hosted by another party. Washington Trust is not responsible for, nor do we control, endorse or guarantee the content of any external sites. Please be advised that you will no longer be subject to, or under the protection of, the privacy and security policies of Washington Trust's website. We encourage you to read and evaluate the privacy and security policies of the site you are entering, which may be different than those of Washington Trust.