Industrial · Edwardsville, Illinois
22 Gateway Commerce Center
22 Gateway Commerce Center is financed with a $7.6M CMBS loan at 8.548% that reaches maturity on November 6, 2028, in 2 years. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $7,600,000
- Original balance (same notes)
- $7,600,000
- Interest rate
- 8.548% fixed
- Originated
- October 31, 2023
- Maturity
- November 6, 2028
- Payments
- Interest only for the full term
- Prepayment lockout ends
- May 5, 2028
- Originator
- Barclays Capital Real Estate Inc.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 22 Gateway Commerce Center Drive West, Edwardsville, IL 62025
- Metro
- St. Louis, MO-IL
- Rentable area
- 155,700 sq ft
- Built
- 2007
- Largest tenants
- Interco Trading, Inc; BL Logistics, LLC; Portable Moving and Storage of Cntrl III
- Value at securitization
- $14.0M (Aug 2023)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.28x | n/a |
| Occupancy | 100% | n/a |
| Net operating income | $843K | n/a |
Watch flags
Computed from the BBCMS Mortgage Trust 2023-5C23 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- Largest tenant's lease ends within 12 months
cmbs.news's own rule-based labels on the filed fields (definitions), not a credit rating, a prediction or a view of the borrower.
What the filing shows
- The filing gives May 2027 as the lease end date for the largest tenant (Interco Trading, Inc), before the loan matures. Lenders look hard at that rollover.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $7.6M | Current | No | n/a | n/a |
| August 2026 | $7.6M | Current | No | n/a | n/a |
| July 2026 | $7.6M | Current | No | n/a | n/a |
| June 2026 | $7.6M | Current | No | n/a | n/a |
| May 2026 | $7.6M | Current | No | n/a | n/a |
| April 2026 | $7.6M | Current | No | 1.35x | 100% |
| March 2026 | $7.6M | Current | No | n/a | n/a |
| February 2026 | $7.6M | Current | No | n/a | n/a |
| January 2026 | $7.6M | Current | No | n/a | n/a |
| December 2025 | $7.6M | Current | No | n/a | n/a |
| November 2025 | $7.6M | Current | No | n/a | n/a |
| October 2025 | $7.6M | Current | No | n/a | n/a |
From each trust's ABS-EE filing for that month. Coverage and occupancy change only when the servicer reports new statements. If one trust holding a piece of the loan skipped a month, that month's balance reads low.
Where the loan sits
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BBCMS Mortgage Trust 2023-5C23 | 24 | $7,600,000 | Sep 2026 | SEC filing, September 29, 2026 |
Other St. Louis loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Saint Louis Galleria | Saint Louis, MO | Retail | $229.0M | 4.997% | Nov 2028 | n/a | n/a | With the special servicer |
| Plaza Frontenac | Saint Louis, MO | Retail | $100.0M | 4.433% | Aug 2028 | 3.29x | 60% | Current |
| Manchester Highlands | Ballwin, MO | Retail | $35.0M | 5.07% | May 2028 | 1.98x | 100% | Current |
| Embassy Suites St. Louis | Saint Louis, MO | Hotel | $21.8M | 5.24% | Nov 2028 | 1.17x | 70% | Current |
| Gravois Dillon Plaza | High Ridge, MO | Retail | $12.9M | 4.80% | Jan 2028 | 1.22x | 96% | Current |
| 1015 Locust Street | St. Louis, MO | Office | $8.5M | 5.396% | Sep 2028 | 1.78x | 61% | Current |
| Fresh Thyme Kirkwood | Kirkwood, MO | Retail | $5.6M | 5.101% | Mar 2028 | 1.37x | 100% | Current |
| Drake Plaza Apartments | St. Louis, MO | Multifamily | $3.2M | 5.54% | May 2028 | 1.51x | 84% | Current |
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending September 11, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.