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Jun 1, 2026 12:00 PM

Byline Bank Provides $26.5 Million Construction Loan for Industrial Development on Florida's Space Coast

CHICAGO, June 01, 2026 (GLOBE NEWSWIRE) -- Byline Bank's Commercial Real Estate Group (BCREG) is pleased to announce it has provided a $26.5 million construction loan for the development of NASA Causeway Logistics Center, a new Class A industrial project in Titusville, Florida, positioned near Kennedy Space Center, within the broader Space Coast logistics corridor.

Developed by Stotan Industrial in partnership with CrossHarbor Capital Partners, the project will feature two state-of-the-art logistics buildings totaling approximately 306,980 square feet on a 28.6-acre site within the established Vector Space Business Park.

Located adjacent to the intersection of US-1 and the NASA Causeway, the development offers convenient access to Kennedy Space Center, Port Canaveral, Interstate 95, State Road 528 and Melbourne Orlando International Airport. The project is designed to accommodate a broad range of uses, including warehousing, distribution, manufacturing, and aerospace-related activities, supported by the region's expanding industrial and logistics activity.

NASA Causeway Logistics Center will include a 215,460-square-foot Building A, and a 91,520-square-foot Building B. The facilities will feature 32-foot clear heights, up to 85 dock-high doors, four drive-in doors, more than 300 auto parking spaces, and ...