Thomas D. Wood Brokers $13.16M in Two New Loans

Two Publix Stores in Stockbridge and McDonough, GA Get $12M Financing

MIAMI, FL— Steve Wood (top right photo) and Alan R. Cohen (top left photo) of Thomas D. Wood and Company secured financing in the amount of $12,000,000 for two Publix stores in Stockbridge and McDonough, Georgia.

Both properties were financed through Thomas D. Wood and Company’s relationship with a regional banking institution.

Wood and Cohen arranged financing in the amount of $6,100,000 for Publix at McDonough West, and $5,900,000 for Publix at Stockbridge Village Lakes, at a floating rate of LIBOR + 225 basis points. The 35-month, interest-only loan has a loan-to-value of 75%.

Publix at McDonough West is an 80,773 square-foot anchored shopping center, built in 2001 and located at 250 Jonesboro Road, McDonough, Georgia. Publix at Stockbridge Village Lakes is a 78,605 square-foot shopping center, built in 2002 and located at 250 East Atlanta Road, Stockbridge, Georgia.

For further information, please contact:

Steve Wood. (305) 447-7820, swood@tdwood.com
Alan R. Cohen, (305) 447-7820, acohen@tdwood.com
Jessica Gurtowski , (407) 937-0470, jgurtowski@tdwood.com

TD Wood and Bison Financial Group Complete $1.16M Acquisition Loan in Largo, FL

MIAMI, FL--Steve Wood of Thomas D. Wood and Company, along with Jared Repka of Bison Financial Group, secured financing in the amount of $1,160,000 for the acquisition of Family Dollar in Largo, Florida.

The loan was financed through a regional banking institution at a permanent fixed rate of 6.0%. The loan term is five years with a 25-year amortization, and a loan-to-value of 72.57%.

The 10,070 square-foot single-tenant retail building was refurnished for the tenant in 2007. Family Dollar is located at 2862 Roosevelt Boulevard, Largo, Florida.

CONTACT:

Steve Wood, (305) 447-7820, swood@tdwood.com
Jessica Gurtowski, (407) 937-0470, jgurtowski@tdwood.com