Walgreens in Garden City, GA Gets $4.2M Loan

SARASOTA, FL, Aug. 27, 2009— Thomas D. Wood and Company, a Strategic Alliance Mortgage LLC member, secured financing on August 21, 2009, in the amount of $4,292,000 for a Walgreens Pharmacy in Garden City, Georgia.

Brad Cox, (top right photo) Company Vice President, financed the Walgreens acquisition through Thomas D. Wood and Company’s relationship with a financial services company.

The fully-amortizing loan has a term of 24 years and an interest rate of 7.15%. The loan-to-value is 91%. The 14,490 square-foot single-tenant pharmacy was built in 2008, and is located at the intersection of Georgia Highway and Minus Street in Garden City, Georgia.

For further information, please contact:
Brad Cox, (941) 552-9731, bcox@tdwood.com

Jessica Gurtowski , (407) 937-0470, jgurtowski@tdwood.com