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Brokerage
Posted: July 22, 2016
Washington Trust provides $3.36 million
Windsor, CT Washington Trust’s Commercial Real Estate Group recently provided $3.36 million to 555 Day Hill, LLC, for the refinancing of a retail center.
Constructed in 1989, the property consists of a 6.69-acre parcel improved with a 34,084 s/f, single-story community retail building. The center is anchored by Educational Playcare, Ltd., a successful daycare center which operates eight locations throughout Connecticut.
“The position of this retail center is a prime location for the area,” said Julia Anne Slom, senior vice president and team leader of Washington Trust’s commercial real estate group. “The current owners have owned the center for more than 20 years and have continually upgraded and maintained it throughout the years. We were pleased to be able to provide a financing package that worked well for them.”
555 Day Hill, LLC is a CT limited liability company.
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