Washington Trust provides Smithfield Commons financing

Washington Trust’s Commercial Real Estate Group has provided $7.2 million in financing to Linear Retail Smithfield LLC for improvements to Smithfield Commons, the bank announced Oct. 28. More

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Washington Trust provides Smithfield Commons financing

Posted 11/5/13

WESTERLY – Washington Trust’s Commercial Real Estate Group has provided $7.2 million in financing to Linear Retail Smithfield LLC for improvements to Smithfield Commons, the bank announced Oct. 28.

“Smithfield Commons is located in a well-developed area of Smithfield, less than a mile from Interstate 295 off Route 44,” said Washington Trust Chairman, President and CEO Joseph J. MarcAurele. “It’s a convenient location offering shoppers a mix of both well-known national and regional retailers, as well as local shops.”

Tenants of the 35,000-square-foot-shopping center on Putnam Pike include Verizon, Sprint, H&R Block, UPS, Sovereign Bank, Starbucks and Sienna restaurant.

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