News: Financial Digest

Washington Trust provides $1.34 million financing to MCG Cromwell, LLC

Cromwell, CT Washington Trust’s Commercial Real Estate Group provided $1.34 million in financing to MCG Cromwell, LLC, for the construction of a Dollar General store. Located on a 1.2 acre parcel at 539 Main St. (Rte. 99), the new retail property will feature 9,100 s/f of space. Dollar General was founded in 1939 and operates more than 13,600 stores across 44 states.

“Washington Trust has developed a strong relationship with our client, who continues to find strategic locations and develop top quality retail,” said Julia Anne Slom, senior vice president & team leader of Washington Trust’s Commercial Real Estate Group. “We are grateful for the opportunity to expand the relationship.”

MCG Cromwell, LLC, is a single owner limited liability company.

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