Bank OZK Provides $72M Construction Loan For Brookhaven Logistics Center In Yaphank, NY

The Brookhaven Logistics Center, a new industrial development in Yaphank, N.Y., has obtained $72 million in construction financing from Bank OZK. The project, led by Wildflower and Barings, will consist of three buildings spanning 555,000 square feet on a 72-acre site. This development is notable for being the largest industrial-zoned vacant property along the Long Island Expressway.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $72,000,000
• Address: 1001 Express Drive North
• Market: Yaphank

The construction financing from Bank OZK was facilitated by brokers Aaron Appel, Keith Kurland, Jonathan Schwartz, Adam Schwartz, Ari Hirt, and Mo Beler of Walker & Dunlop. They played a crucial role in securing the loan for the Brookhaven Logistics Center project.