News:
Brokerage
Posted: January 23, 2014
Washington Trust finances $2.6 million in Wallingford
Washington Trust's commercial real estate group provided $2.6 million in financing to 1086 North Colony, LLC for a two-suite retail center. The 1.13-acre property consists of a 7,500 s/f, multi-tenant convenience/retail center, which is scheduled for completion early this year. Pre-leased retail tenants include Verizon Wireless and DiBella's Old-Fashioned Submarine, Inc.
"This property is being developed by the experienced Tartaglia Commercial Properties group and is located on the east side of the heavily traveled, retail corridor of Rte. 5 in Wallingford just north of the Merritt Parkway," said Joseph MarcAurele, Washington Trust chairman, president and CEO.
Washington Trust's commercial real estate group provides commercial real estate mortgages for the construction, refinancing, or purchasing of investment real estate projects.
MORE FROM Brokerage
Sullivan & Sullivan Auctioneers bringing Westborough Office Park to foreclosure auction October 23, 2026 at 12PM
Westborough, MA According to Marianne Sullivan, president of Sullivan & Sullivan Auctioneers, her firm will be bringing Westboro Executive Park to foreclosure auction on Friday, October 23, 2026 at 12PM. The offering consists of three buildings on three separate parcels totaling 244,335 s/f of mixed use space on 14.9 acres in the MetroWest Business Corridor.
Quick Hits
Columns and Thought Leadership
End of the year retail thoughts - by Carol Todreas
Now what? As the year comes to a close, the state of retail is always in the news. The answers vary greatly depending on who in the various related industries you ask, each offering a unique lens on the challenges and opportunities ahead.
The rise of AI in CRE - And what it means for every skilled profession - A broker & appraiser weighs in - by Bryan Plourde
This may seem self-serving, and I’ll be the first to admit it. But unlike some of the artificial intelligence tools now reshaping our industry, I am fully aware of my own bias. So, hear me out. The rise of AI in commercial real estate is not a distant threat or a speculative headline.
