Basis Industrial Secures $11M Construction Loan For Self Storage Facility In Melbourne, FL

Located at 2560 Aurora Road in Melbourne, FL, this self storage property encompasses a total of 126,741 square feet. The transaction was a closed deal and involved a construction loan.

Summary of transaction details:

• Property Type: Self Storage
• Transaction Amount: $11,000,000
• Market: Melbourne, FL
• Landlord: Basis Industrial
• Lender: American Momentum Bank
• Loan Type: Construction

The loan for this self storage property, located at 2560 Aurora Road in Melbourne, FL, was provided by American Momentum Bank. The landlord involved in the transaction is Basis Industrial. The loan amount for this construction project was $11,000,000.