Business
Washington Trust provides $12.4 million in financing for Norwalk, Connecticut retail plaza
Washington Trust recently provided $12.4 million in financing to 390 Westport Avenue, LLC for a 45,658-square-foot retail plaza located in Norwalk, Connecticut.
About this update from Tjx Companies, Inc. (the)
[{"type":"text","content":"WESTERLY, R.I., Nov. 18, 2025 /PRNewswire/ -- Washington Trust recently provided $12.4 million in financing to 390 Westport Avenue, LLC for a 45,658-square-foot retail plaza located in Norwalk, Connecticut.","length":211,"tagName":"p"},{"type":"image","alt":"Marshalls located at 396 Westport Avenue, Norwalk, Connecticut.","displaySize":"","headline":null,"caption":"Marshalls located at 396 Westport Avenue, Norwalk, Connecticut.","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":297,"url":"https://media.zenfs.com/en/prnewswire.com/1ecb09dd905538692bded44a29c8ab75"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/UqM5pJ8DFMGRxi1e.7xDpQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTUyMztjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/1ecb09dd905538692bded44a29c8ab75","width":400,"height":297}},"href":"https://mma.prnewswire.com/media/2826284/Washington_Trust_Norwalk_Connecticut.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"The shopping center is anchored by Marshalls, an apparel and home fashion store owned by Fortune 100 company TJX, and has maintained strong occupancy and cash flow over time. M.F. DiScala has owned 390 Westport Avenue, LLC for more than 40 years and the property continues to deliver solid results in a prime location.","length":318,"tagName":"p"},{"type":"text","content":""This transaction underscores our focus on financing strong, well-performing assets," said Washington Trust Senior Vice President and Commercial Real Estate Team Leader Bethany Lyons. "We were pleased to establish a new relationship with M.F. DiScala and offer a structure that supports their long-standing success in a market we greatly care about and deeply value."","length":387,"tagName":"p"},{"type":"text","content":"Washington Trust's Commercial Real Estate Group provides financing for the construction, refinancing, or acquisition of investment real estate projects. Loans range from several hundred thousand dollars to multi-million dollar transactions. For more information, contact Bethany Lyons, Senior Vice President and Team Leader, Washington Trust Commercial Real Estate, at 401-348-1538 or visit https://www.washtrust.com/commercial.","length":432,"tagName":"p"},{"type":"text","content":"M.F. DiScala, headquartered in Norwalk, Connecticut, operates across 1...