News: Connecticut

Washington Trust provides $3.5 million in financing

South Windsor, CT Washington Trust’s commercial real estate group provided $3.5 million to South Windsor Realty Co., LLC, for the refinancing and tenant improvements of an eight-building, mixed-use office and retail portfolio. Located on 453-497 Buckland Rd., and 152 Deming St., the buildings contain a combined total of 53,451 s/f of rentable space on 12.37 acres. Within that space, 46,461 s/f is mixed-use office space while the additional 6,990 s/f is retail.

“We are pleased to have been able to offer a financing solution that worked well for this project located in the heart of South Windsor,” said Julia Anne Slom, senior vice president and team leader of Washington Trust’s commercial real estate group. “The office space at the center is an important location for many of the local service providers.”

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Galton of Houlihan Lawrence sells 15,800 s/f Wake Robin Inn for $3.5m

Lakeville, CT Houlihan Lawrence Commercial, a division of Houlihan Lawrence, a real estate firm serving Connecticut and New York City’s northern suburbs, has brokered the sale for $3.5 million of the Wake Robin Inn, a 15,800 s/f historic inn located on 11.52 acres at 106 Sharon Rd.
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