ORLANDO, FL—John Worrell, (top right photo) Assistant Vice President for Thomas D. Wood and Company, secured financing in the amount of $1,675,000 for Clemson Industrial in Orlando, Florida.
Worrell financed the loan through Thomas D. Wood and Company’s correspondent relationship with StanCorp Mortgage Investors at a permanent fixed rate of 6%.
The term is seven years with a 25-year amortization, and a loan-to-value of 70%.
The 26,480 square-foot retail center was built in 1990, and is home to TCS Communications. Clemson Industrial is located at 3161 Clemson Road, Orlando, Florida.
For further information, please contact:
John Worrell (407) 937-0470 jworrell@tdwood.com
Jessica Gurtowski (407) 937-0470 jgurtowski@tdwood.com
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