Washington Trust Finances $12.4M Retail Plaza
Slice of Real Estate Team
11/20/2025
Key highlights
- $12.4 million financing for Norwalk retail plaza
- Anchored by Marshalls, a Fortune 100 brand
- Strong occupancy and cash flow results
- 40+ years of ownership by M.F. DiScala
- Significant contribution to local real estate market
Source: PR Newswire
Notable Quote
“ This transaction underscores our focus on financing strong, well-performing assets. ”
Bethany Lyons, Senior Vice President at Washington Trust
Why this matters
The financing provided by Washington Trust not only reinforces its dedication to supporting sustainable retail developments but also signifies a robust confidence in the Norwalk market's potential for growth. This aligns with broader trends in commercial real estate where established firms are prioritizing reliability and performance. This development is particularly significant for the real_estate sector.
