Retail · Ann Arbor, Michigan
445 & 455 East Eisenhower Parkway
445 & 455 East Eisenhower Parkway is financed with a $12.9M CMBS loan at 4.70% that reaches maturity on August 1, 2029, in 2 years and 9 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $12,854,189
- Original balance (same notes)
- $14,025,000
- Interest rate
- 4.70% fixed
- Originated
- July 19, 2019
- Maturity
- August 1, 2029
- Payments
- Interest only for 24 months, then amortizing
- Prepayment lockout ends
- May 31, 2029
- Master servicer
- Midland
- Originator
- JPMorgan Chase Bank, National Association
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 445 & 455 East Eisenhower Parkway 2900 South State Street, Ann Arbor, MI 48104
- Metro
- Ann Arbor, MI
- Rentable area
- 65,683 sq ft
- Built
- 1987, renovated 2019
- Largest tenants
- World Market, LLC; UHY Advisors MI, INC; Mediterrano, Inc.
- Value at securitization
- $22.0M (Jun 2019)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.50x | n/a |
| Occupancy | 95% | n/a |
| Net operating income | $1.3M | n/a |
Watch flags
Computed from the Benchmark 2019-B13 Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC October 1, 2026.
None this month. No flag in the cmbs.news screen applies to this loan.
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 Jan 2028 as the lease end date for the largest tenant (World Market, LLC), 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 | $12.9M | Current | No | n/a | n/a |
| August 2026 | $12.9M | Current | No | n/a | n/a |
| July 2026 | $12.9M | Current | No | n/a | n/a |
| June 2026 | $12.9M | Current | No | n/a | n/a |
| May 2026 | $12.9M | Current | No | n/a | n/a |
| April 2026 | $13.0M | Current | No | 1.30x | 93% |
| March 2026 | $13.0M | Current | No | 1.63x | 93% |
| February 2026 | $13.0M | Current | No | 1.63x | 93% |
| January 2026 | $13.0M | Current | No | 1.63x | 93% |
| December 2025 | $13.0M | Current | No | 1.68x | 91% |
| November 2025 | $13.1M | Current | No | 1.68x | 91% |
| October 2025 | $13.1M | Current | No | 1.68x | 91% |
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 |
|---|---|---|---|---|
| Benchmark 2019-B13 Mortgage Trust | 22 | $12,854,189 | Sep 2026 | SEC filing, October 1, 2026 |
Other Ann Arbor loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 777 East Eisenhower | Ann Arbor, MI | Office | $40.4M | 4.08% | Sep 2029 | 1.73x | 94% | Current |
| 112-120 West Washington and 117 South Ashley Street | Ann Arbor, MI | Mixed use | $5.1M | 4.75% | May 2029 | n/a | n/a | Current |
| Gallatin Manor | Ann Arbor, MI | Multifamily | $3.2M | 5.25% | Apr 2029 | 2.90x | 100% | Current |
| 205-207 East Washington Street | Ann Arbor, MI | Mixed use | $2.7M | 4.75% | Jul 2029 | 1.07x | 100% | Late, less than 30 days |
| Concourse Office Center | Ann Arbor, MI | Office | $2.5M | 4.62% | Jun 2029 | 0.85x | 78% | 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.