$3 MILLION LOAN ARRANGED FOR FLORIDA INDUSTRIAL PROJECT

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POMPANO BEACH, FLA. — Marshall Smith of Thomas D. Wood & Co. has secured a $3 million loan for the 118,217-square-foot Pompano Merchandise Mart industrial project. The three-building property is located at 2099 and 2101 W. Atlanta Blvd. in Pompano Beach. Southern Farm Bureau Life Insurance Co. provided funding for the 5-year, non-recourse loan. The loan carries a 6.5 percent interest rate and a 25-year amortization schedule.

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