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8201 Peters Road

C-III Capital Partners And Vanderbilt Office Properties Secure $53.5M Refinance For Plantation Industrial Campus
FINANCEDIndustrial

C-III Capital Partners And Vanderbilt Office Properties Secure $53.5M Refinance For Plantation Industrial Campus

8201 Peters Road, 8151 Peters Road & 8050 Southwest 10th Street

$53,500,000

$61/SF

Building Size

868,746 SF

Asset Type

Industrial

Closing

Jan 29, 2026

AI

The transaction involves a refinancing agreement for an industrial asset consisting of three buildings located at 8201 Peters Road, 8151 Peters Road, and 8050 Southwest 10th Street in Plantation, Florida. The total square footage of the property is 289,582, with current leasing standing at 85%. The refinancing amount secured was $53,500,000, and the property is situated in Plantation's Midtown district, notable for a low vacancy rate of 9.3% in Broward County's office market.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $53,500,000
  • Address: 8201 Peters Road, 8151 Peters Road & 8050 Southwest 10th Street
  • Market: Plantation
  • Asset Size: 289,582 SF
  • Landlord: Andrew Farkas - C-III Capital Partners; Casey Wold - Vanderbilt Office Properties
  • Brokers: Amy Julian & Andrew Chilgren - CBRE
  • Loan Type: Refinance

This refinancing was facilitated through a joint venture between C-III Capital Partners and Vanderbilt Office Properties, reflecting their strategic investment in the Plantation market. CBRE acted as the representative for the borrower, highlighting the brokerage's involvement in securing favorable financing for this property portfolio.

Players

Amy Julian

CBRE

Broker

$2.1B

vol

34 deals

Broker

Andrew Farkas

C-III Capital Partners

Landlord

$255.6M

vol

5 deals

Landlord

Plantation Industrial Market Snapshot

Boundary boundary · Industrial · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.30%

Cash-on-Cash

-0.08%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93