Washington Trust Finances $4 Million Norwalk, CT Property

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Washington Trust Finances $4 Million Norwalk, CT Property

Mixed-Use Property Anchored By CVS Pharmacy

WESTERLY, R.I.--(BUSINESS WIRE)-- Washington Trust'sCommercial Real Estate Grouprecently provided $4 million in refinancing for 327 Main Avenue, a 92,592 square foot mixed-use property in Norwalk, CT. The property currently has eight tenants and is anchored by a CVS Pharmacy.

327 Main Avenue, located in Norwalk, CT was recently provided with $4 million in refinancing. The pr ...

327 Main Avenue, located in Norwalk, CT was recently provided with $4 million in refinancing. The property currently has eight tenants and is anchored by a CVS. (Photo: Business Wire)


"The property was totally renovated in 2002 and has a healthy mix of tenants. It is conveniently located along Route 7 and is surrounded by other retail, office and residential properties," said Joseph J. MarcAurele, Washington Trust Chairman, President and CEO.

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

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. Our Commercial Banking Group offers a full line of commercial and industrial lending, commercial real estate, and cash management services throughout the Northeast. The Washington Trust Company is a subsidiary ofWashington Trust Bancorp, Inc.(NASDAQ Global Select, symbol: WASH).



Washington Trust
Elizabeth B. Eckel, 401-348-1309
SVP Marketing
ebeckel@washtrust.com

KEYWORDS:   United States  North America  Connecticut  Massachusetts  New York  Rhode Island

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