THOMAS D. WOOD AND CO. SECURES FINANCING FOR RETAIL DEVELOPMENT

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SANFORD, FLA. — Florida-based Thomas D. Wood and Co. has secured approximately $1.9 million in financing for Sanford Towne Square in Sanford. The loan was financed at an interest rate of 7.375 percent, with a fully amortizing 10-year term and loan-to-value of 37 percent. The 88,905-square-foot retail center is located at 1500 South French Avenue and is anchored by Winn-Dixie.

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