News: Rhode Island

Washington Trust provides $10.5 million to Linear Retail Properties for 73,000 s/f retail site

The Washington Trust Company's commercial real estate group recently provided $10.5 million in financing to Linear Retail Properties to refinance its 73,000 s/f property at 1000 Bald Hill Rd. Tenants of the retail site, called Warwick Market Place, include Trader Joe's and Panera Bread. Linear Retail Props. is managed by William Beckeman, president and CEO. "Linear Retail has a prime location in the retail market for their property," said John Warren, Washington Trust chairman and CEO. "We are pleased to have them join the bank's ever expanding customer base."
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Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
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