Washington Trust Provides $12.4 Million Loan for Norwalk Retail Plaza
Washington Trust Bancorp Inc. has provided a $12.4 million loan to 390 Westport Avenue, LLC for a 45,658-square-foot retail plaza in Norwalk, Connecticut. The plaza, anchored by Marshalls, shows strong occupancy and cash flow. The loan was closed in October 2025, demonstrating Washington Trust's support for well-performing commercial real estate.
Washington Trust Bancorp Inc. has provided $12.4 million in financing to 390 Westport Avenue, LLC, a company owned by M.F. DiScala, for a 45,658-square-foot retail plaza in Norwalk, Connecticut. The shopping center is anchored by Marshalls and has demonstrated strong occupancy and cash flow. The loan was closed in October 2025, highlighting Washington Trust’s commitment to supporting well-performing commercial real estate assets. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Washington Trust Bancorp Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: NE27568) on November 18, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)
