Washington Trust Provides $5.7 Million to Lexmar Realty for Construction of Office Headquarters

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Julia Anne M. Slom

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

This new location benefits from its I-95frontageand 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 oftheir new well-located office headquarters,” said Julia Anne M. Slom, Senior Vice President & 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.

Financing ranges in size from several hundred thousand dollars up to multi-million dollar projects.