Corporate

Financing Provided for Milford Office Headquarters

Milford, CT – Washington Trust’s Commercial Real Estate Group recently provided $5.7 million to Lexmar Realty, LLC, for the construction and permanent financing of a new 23,293sf office building at 100 Plains Road in Milford.

This new location benefits from its I-95 frontage and is about 15 miles southwest of New Haven Central Business District and about 30 miles northwest of the Stamford Central Business District.

“We are pleased to work with Lexmar Realty for the financing of their new well-located office headquarters,” said Julia Anne M. Slom, senior vice president and team leader of Washington Trust’s Commercial Real Estate Group. “We look forward to seeing our new client’s further growth and success.”

Washington Trust’s Commercial Real Estate Group provides commercial real estate mortgages for the construction, refinancing, or purchasing of investment real estate projects.