Byline Bank Provides $26.5 Million Construction Loan For NASA Causeway Logistics Center In Titusville

The transaction involves a development site located at U.S. 1 & Vectorspace Boulevard in Titusville, FL. The asset spans 28.6 acres and consists of a 306,980-square-foot Class A industrial project known as NASA Causeway Logistics Center.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $26,500,000
• Lender: Byline Bank
• Landlord: Stotan Industrial & CrossHarbor Capital Partners
• Brokers: Sarah Hunter, Mason Tittle, Matt Smith, Matt Robertson & Eric Estela - Byline Bank
• Loan Type: Construction

Byline Bank facilitated a construction loan for Stotan Industrial and CrossHarbor Capital Partners, aiding in the development of this significant project positioned strategically near aerospace and logistics hubs. The comprehensive involvement of experienced brokers underscores the collaborative effort behind the financing of this development site.