Thomas D. Wood Jr. Secures $9.5M Acquisition Loan For Fernandina Beach Marina

The acquisition of Amelia Island Yacht Marina located at 251 Creekside Drive in Fernandina Beach, Florida has been financed with a loan amount of $9,500,000. The marina, secured by Thomas D Wood Jr., President of Winward Marina Group, is a mixed-use, full-service marina spread over 57 acres of developable land. It can accommodate up to 325 vessels and features a waterfront restaurant. The plans for the marina include the construction of a new service center building and dredging of the channel leading up to the marina. South State Bank provided the financing for this transaction.

Summary of transation details

• Property Type: Marina
• Transaction Amount: $9,500,000
• Building SF: 61,533
• Lot SF: 1,301,137
• Lender: South State Bank
• Landlord: Windward Marina Group
• Broker: Thomas D. Wood Jr. - Thomas D. Wood and Company

Thomas D. Wood Jr., President of Winward Marina Group, was responsible for securing the financing for the acquisition.