Friday, April 18, 2008

Thomas D. Wood & Co. Brokers $1.9M Loan for Sherman's Plaza in Ocoee, FL


ORLANDO, FL—John Worrell, (top right photo) Assistant Vice President for Thomas D. Wood and Company, secured financing in the amount of $1,900,000 for Sherman’s Plaza, (top photo) a retail center in Ocoee, Florida.

Worrell financed the loan through a regional banking institution at a permanent fixed rate of 6.25%. The term is five years with a 20-year amortization, and a loan-to-value of 40%. The 16,500 square-foot retail center was built in 2006, and is home to Sherman’s Gifts and Home Décor. Sherman’s Plaza is located at 1101 S. Clarke Road, Ocoee, Florida.
The website may be accessed through http://www.tdwood.com/.

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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