WASHINGTON TRUST FINANCES $4.5M ACQUISITION OF BLACKSTONE PLACE

PAWTUCKET, R. I. — Washington Trust Commercial Real Estate Group has provided a $4.5 million commercial mortgage loan to Blackstone Place Limited Partnership for the acquisition of Blackstone Place, a 38,000-square-foot retail building located at 727 East Ave. in Pawtucket. The retail space is currently occupied by Rite Aid, Hillside Avenue Family & Community Medicine and Dunkin’ Donuts.