Washington Trust's Commercial Real Estate Group has provided $5.2 million in financing to Meriden Retail, LLC for refinancing the Silver Commons Shopping Center, located along South Broad St. on Rte. 5.
The property consists of a multi-tenanted retail building and a free-standing bank branch totaling 26,260 s/f. The center is leased to a variety of regional and national tenants including Starbucks, Cold Stone Creamery, AT&T, Aspen Dental, Hair Cuttery, Fed Ex/Kinko's, Liberty Travel, and Pizza Hut.
"We wish Meriden Retail the best of luck with the Silver Commons Shopping Center, a complex that offers great retail shopping to the central Connecticut market," said Joseph MarcAurele, Washington Trust's president and chief operating officer.