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Washington Trust Finances $2.9 Million Greenwich CT Office Building

  Washington Trust Finances $2.9 Million Greenwich CT Office Building

         Bank’s Commercial Real Estate Lending Continues in Northeast

Business Wire

WESTERLY, R.I. -- January 7, 2013

Washington Trust, Rhode Island-based bank, recently provided a $2.9 million
commercial real estate mortgage to 80 Mason Street, LLC for the purchase of a
6,324 square foot office building at 80 Mason Street in Greenwich,
Connecticut. The building is located in Greenwich’s central business
district, a premier commercial corridor with numerous high-end national
retailers, boutiques, restaurants, office space and prestigious residential
locations.

Washington Trust provided a $2.9 million commercial real estate mortgage to 80
Mason Street, LLC for ...

Washington Trust provided a $2.9 million commercial real estate mortgage to 80
Mason Street, LLC for this office building at 80 Mason Street in Greenwich,
Connecticut (Photo: Business Wire)

“Washington Trust continues to finance quality commercial real estate
projects, like this Greenwich office building, in Connecticut and throughout
New England,” stated Joseph J. MarcAurele, Washington Trust Bank Chairman,
President, and Chief Executive Officer.

Washington Trust's  Commercial Real Estate Group provides commercial real
estate mortgages for the construction, refinancing, or purchasing of
investment real estate projects in Rhode Island, Massachusetts, Connecticut
and throughout the Northeast. Bank financing ranges in size from several
hundred thousand dollars up to multi-million dollar projects. For more
information, contact Mary Ettinger, Vice President, Commercial Real Estate
Group, 401-348-1415 or 1-800-475-2265 ext. 1415.

Washington Trust is the largest bank headquartered in Rhode Island and one of
New England’s leading banks, 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).

Photos/Multimedia Gallery Available:
http://www.businesswire.com/multimedia/home/20130107007020/en/

Multimedia
Available:http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50524091&lang=en

Contact:

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