Waterbury, CT Washington Trust’s Commercial Real Estate Group provided $1.4 million in permanent financing to DCR Anderson WAG, LLC for a 40,940 s/f parcel improved with a 2,053 s/fTaco Bell.
The subject site is located adjacent to I-84 with traffic counts that exceed 92,200 vehicles per day, near a neighborhood, as well as a retail district with a mix of retail stores, restaurants, and personal service establishments that draw customers to the area.
“We are pleased to have provided financing for this property, welcoming a new commercial real estate borrower to Washington Trust,” said Julia Anne Slom, senior vice president & team leader of Washington Trust’s Commercial Real Estate Group. “As we expand our team further into Connecticut, we are excited about this location in Waterbury demonstrating Washington Trust’s continued and expanding commitment to the greater Connecticut area.”
“Working with a bank that understands your financial and timing needs is priceless,” said Daniel Richman, president and CEO of Developers Consolidated Realty, “And, Brett Eagleson and the Washington Trust Commercial Real Estate team provide just that.”