News: Retail

Washington Trust provides construction financing for retail project

Danbury, CT Washington Trust’s commercial real estate group provided financing to SG Newtown Road Partners, LLC, for the construction of a three building, 18,000 s/f retail project.

The three building property, located at 74 Newtown Rd., includes two outparcels currently occupied by Texas Roadhouse and Popeye’s restaurants and a 7,650 s/f in-line space occupied by Aspen Dental, T-Mobile and Doctor’s Express.

SG Newtown Road Partners, LLC is a joint venture between The Grossman Companies and Summit Development.

Tags: Retail
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