| Miami, FL. June 14, 2007 -
The Miami Office of Thomas D. Wood and Company secured $3,550,000 to finance the Walgreens in Walterboro, South Carolina.
Company Assistant Vice President Benjamin Jimenez structured the transaction through Thomas D. Wood and Company’s relationship with a national banking institution. The loan was secured in the amount of $3,550,000 at a permanent fixed rate of 5.87%, with a 10-year term and 30-year amortization. The 14,550 square-foot Walgreens is located at 1326 North Jeffries Boulevard, Walterboro, South Carolina.
Thomas D. Wood and Company is an independently owned, leading commercial mortgage-banking firm in the southeast. Thomas D. Wood and Company has correspondent relationships with twelve major life insurance companies, in addition to Wall Street. Thomas D. Wood and Company’s servicing portfolio is now approaching one billion dollars. This consists of long-term mortgages on a variety of commercial properties throughout the state of Florida. These properties include: retail, industrial, office buildings, senior housing communities, mini storage, apartments, warehouses, hotels and mobile home parks. Thomas D. Wood and Company’s corporate office is located at 95 Merrick Way, Suite 360, Coral Gables, FL 33134, with branch offices located at 1700 South MacDill Avenue, Suite 240 A, Tampa, FL 33629, and 2105 Park Avenue North, Winter Park, Florida 32789. The website may be accessed through www.tdwood.com.
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