WESTERLY – Washington Trust has provided financing for office space in Lincoln to real estate firm F.H. French Co. affiliates, according to a press release.
The $6.94 million in commercial mortgage financing from Washington Trust’s Commercial Real Estate Group is to refinance about 100,000 square feet of office space at Blackstone Valley Place.
“The F.H. French Co. is known for delivering quality products to the Rhode Island real estate market,” said Washington Trust Chairman, President and CEO Joseph J. MarcAurele. Washington Trust chairman, president and CEO, in prepared remarks. “We are pleased to expand the Bank’s relationship with this customer.”
F.H. French, which was founded in 1935, owns about 750,000-square-feet of commercial office and medical properties in Rhode Island. Its developments during the past 25 years are valued at more than $300 million.
Join PBN for the best networking event and party of the winter - January 15, 2015 - the Book of Lists Party at the Providence Public Library. Reserve your spot by December 31st and get a holiday gift from PBN!
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.