Washington Trust’s Commercial Real Estate Group, in a participation loan with Cambridge Savings Bank, recently provided $9 million to Rosemary Office Assoc. Limited Partnership for the refinancing of an 86,269-square-foot office building in Needham.

The property is a two-story, multi-tenanted office building near the Highland Avenue/Route 128 interchange.

Rosemary Office Assoc. is managed and operated by Equity Industrial Partners (EIP), a fully- integrated industrial real estate company operating across the U.S.

"Washington Trust is pleased to have met the financing needs of Equity Industrial Partners, a respected name in the real estate industry" said Joseph J. MarcAurele, Washington Trust chairman, president and chief executive officer. "The historically strong and stable occupancy at this property speaks highly to the management skills and experience of Equity Industrial."