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Stock impact report

Washington Trust Provides $1.1 Million in Financing for Construction of a Dollar General Store in Morris, CT

Washington Trust Bancorp, Inc. (WASH) 
Last washington trust bancorp, inc. earnings: 4/27 08:00 am Check Earnings Report
Company Research Source: GlobeNewswire
MORRIS, Conn., Nov. 13, 2018 (GLOBE NEWSWIRE) -- Washington Trust’s Commercial Real Estate Group recently provided $1.1 million in financing to MCG Morris, LLC, for the construction of a Dollar General Store in Morris, Connecticut. Located at 16 West Street in Morris, the new retail property includes 7,544 square feet of space on a 1.33 acre parcel. Dollar General was founded in 1939 and operates more than 13,600 stores across 44 states. “Our client has a talent for finding strategic locations for the  Dollar General locations that they build - filling a real niche in the community,” said Julia Anne M. Slom, Senior Vice President & Team Leader of Washington Trust’s Commercial Real Estate Group. “We are very pleased to be a partner in this venture.”  MCG Morris, LLC, is a single owner limited liability company. Washington Trust's Commercial Real Estate Group provides commercial real estate mortgages for the construction, refinancing, or purchasing of investment real estate p Show less Read more
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