Washington Trust Finances $6.94 Million Lincoln, RI Office Space
F.H. French Company is Rhode Island-based Real Estate Firm
WESTERLY, R.I.--(BUSINESS WIRE)-- Washington Trust'sCommercial Real Estate Grouprecently provided $6,940,000 incommercial mortgagefinancing to affiliates of F.H. French Company to refinance approximately 100,000 square feet of office space on Blackstone Valley Place, in Lincoln, RI.
"The F.H. French Company is known for delivering quality products to the Rhode Island real estate market. We are pleased to expand the Bank's relationship with this customer," said Joseph J. MarcAurele, Washington Trust Chairman, President and Chief Executive Officer.
Founded in 1935, F.H. French is a full service real estate firm owned by Jen Cookke and formerly Jack Keigwin that owns approximately 750,000 square feet of commercial office and medical properties throughout Rhode Island. During the last 25 years, F.H. French has owned, managed, developed and built over 2,500,000 square feet of office, industrial and medical developments valued in excess of $300 million.
Washington Trust'sCommercial Real Estate Groupprovides 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, contactBethany Lyons, Vice President, Commercial Real Estate Group, 401-348-1538 or 1-800-475-2265 ext. 1538.
Founded in 1800,Washington Trustis one of New England's premier financial services companies, providingcommercial banking,personal banking,mortgage banking, andwealth managementservices to individuals and institutions throughout the region. OurCommercial Banking Groupoffers 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 ofWashington Trust Bancorp, Inc.(NASDAQ Global Select, symbol: WASH).
Elizabeth B. Eckel, 401-348-1309
KEYWORDS: United States North America Connecticut Massachusetts New York Rhode Island
The article Washington Trust Finances $6.94 Million Lincoln, RI Office Space originally appeared on Fool.com.
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