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0 0 0.00223797090637817 0.00186497575531521 0.000559492726594575 0.000745990302126056 0.000745990302126056 0.00149198060425211
Stock impact report

Washington Trust provides $12.4 million in financing for Norwalk, Connecticut retail plaza [Yahoo! Finance]

Washington Trust Bancorp, Inc. (WASH) 
Last washington trust bancorp, inc. earnings: 4/27 08:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
provided $12.4 million in financing to 390 Westport Avenue, LLC for a 45,658-square-foot retail plaza located in Norwalk, Connecticut. Marshalls located at 396 Westport Avenue, Norwalk, Connecticut. The shopping center is anchored by Marshalls, an apparel and home fashion store owned by Fortune 100 company TJX, and has maintained strong occupancy and cash flow over time. M.F. DiScala has owned 390 Westport Avenue, LLC for more than 40 years and the property continues to deliver solid results in a prime location. "This transaction underscores our focus on financing strong, well-performing assets," said Washington Trust Senior Vice President and Commercial Real Estate Team Leader Bethany Lyons . "We were pleased to establish a new relationship with M.F. DiScala and offer a structure that supports their long-standing success in a market we greatly care about and deeply value." Washington Trust's Commercial Real Estate Group provides financing for the construction, refinancing, or Show less Read more
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