Restoration/Renovation Retail/Hospitality

Retail Center Renovation Receives Financing

Hamden, CT – Washington Trust’s Commercial Real Estate Group recently provided $12.2 million to Hamden Plaza Associates, LLC, for the refinancing and renovation of a retail shopping center at 2100 Dixwell Ave. in Hamden.

The property consists of 32 tenants, including ShopRite, Marshall’s, Party City, and Planet Fitness. The 255,574sf complex is comprised of four buildings situated on a 23.5 acre parcel.

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