$2M facility financed by WashTrust

WESTERLY – The Washington Trust Co.’s commercial real estate group recently provided $2 million in financing to Highland CCC II LLC for the newly constructed 22,711-square-foot commercial office and warehouse at 900 Highland Corporate Drive in Cumberland.
The building, known as Cumberland Commerce Center Building II, sits on a 4.29-acre parcel and features four high-bay industrial flex units. Tenants include Collegium Pharmaceutical Inc., Coty Inc. and Pfizer Inc.
The property is in the Highland Corporate Park, a 250-acre office and industrial park owned by the Economic Development Foundation of Rhode Island.
“The Highland property is strategically located near [state] Routes 99, 146 and [Interstate] 95, providing key access to major cities in Rhode Island and nearby Massachusetts,” said Joseph J. MarcAurele, Washington Trust president and CEO.
Washington Trust Bancorp Inc. (Nasdaq: WASH) is the parent of The Washington Trust Co., a Rhode Island-chartered bank founded in 1800 that has offices in Rhode Island, Massachusetts and southeastern Connecticut. Additional information is available at www.WashTrust.com.