WESTERLY, R.I.--(EON: Enhanced Online News)--Washington Trust’s Commercial Real Estate Group provided $10.5 million in commercial real estate financing to 180 Westport Partners, LLC for the acquisition and renovation of a mixed-used property in Westport, CT. The 32,103 square foot office-retail space is located in Westport’s downtown retail corridor at 180 Post Road, just one block from the town’s Main Street.
“This property is ideally situated in a key area within one of Connecticut’s most affluent towns”
“This property is ideally situated in a key area within one of Connecticut’s most affluent towns,” said Joseph J. MarcAurele, Washington Trust Chairman, President and CEO.
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, 401-348-1482 or 1-800-475-2265 ext. 1482.
Founded in 1800, Washington Trust is one of New England’s premier financial services companies, providing commercial banking, personal banking, mortgage banking, and wealth management services to individuals and institutions throughout the region. Our Commercial Banking Group offers a full line of commercial and industrial lending, commercial real estate, and cash management services to borrowers throughout the Northeast. Our team of experienced professionals are dedicated to providing customized, comprehensive financing and personalized services. The Washington Trust Company is a subsidiary of Washington Trust Bancorp, Inc. (NASDAQ Global Select, symbol: WASH).