News: Connecticut
Posted: September 2, 2010
Washington Trust provides $4.95 million to 426 Main Avenue Associates for Four Points by Sheraton
Washington Trust's Commercial Real Estate Group recently provided $4.95 million to 426 Main Avenue Associates, LLC for the refinancing of the Four Points by Sheraton. The 70,209 s/f hotel contains 127 guest rooms, meeting space, fitness center, and a newly renovated restaurant and lounge.
"The property is located in the heart of Norwalk's corporate financial district with easy access to the Merritt Pkwy., I-95, and Metro North rail service, making it a convenient lodging choice for the greater New York City area." said Joseph MarcAurele, Washington Trust chairman, president, and chief executive officer.
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Ask the Electrician: How do I prepare my commercial building for a disaster?
New England’s notorious weather – from fierce winter storms to summer squalls and fall hurricanes – can leave businesses in the dark. While power outages are often blamed on storms, they can also be caused by unforeseen events like accidents or construction mishaps. While it’s impossible to prevent disasters and power outages entirely, proactive preparation can significantly minimize their impact on your commercial building.
The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!
The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
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