Office · Mountain View, California
600 & 620 National Avenue
Public CMBS trusts hold $69.0M of the loan on 600 & 620 National Avenue at 3.688% that reaches maturity on September 11, 2029, in 2 years and 10 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $68,950,000
- Original balance (same notes)
- $68,950,000
- Interest rate
- 3.688% fixed
- Originated
- September 11, 2019
- Maturity
- September 11, 2029
- Payments
- Interest only for the full term
- Prepayment lockout ends
- May 10, 2029
- Master servicer
- Trimont LLC
- Originator
- Wells Fargo Bank, National Association; JPMorgan Chase Bank, National Association
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 600 & 620 National Avenue, Mountain View, CA 94043
- Metro
- San Jose-Sunnyvale-Santa Clara, CA
- Rentable area
- 151,064 sq ft
- Built
- 2017
- Largest tenants
- Google Inc.
- Value at securitization
- $197.0M (Aug 2019)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.93x | 2.08x |
| Occupancy | 100% | 100% |
| Net operating income (annualized from 6 months) | $10.0M | $10.8M |
| Debt yield | 15.7% |
Debt yield here is the latest NOI divided by the balance held in the trusts below. If part of the loan sits outside them, the true figure is lower.
Watch flags
Computed from the Wells Fargo Commercial Mortgage Trust 2019-C53 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 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
- Net operating income is 8% above the underwritten figure ($10.8M a year against $10.0M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.93x at securitization to 2.08x on the latest statements.
- The filing gives May 2029 as the lease end date for the largest tenant (Google 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 | $69.0M | Current | No | 2.08x | 100% |
| August 2026 | $69.0M | Current | No | 2.08x | 100% |
| July 2026 | $69.0M | Current | No | 2.06x | 100% |
| June 2026 | $69.0M | Current | No | 2.06x | 100% |
| May 2026 | $69.0M | Current | No | 2.06x | 100% |
| April 2026 | $69.0M | Current | No | 2.04x | 100% |
| March 2026 | $69.0M | Current | No | 2.04x | 100% |
| February 2026 | $69.0M | Current | No | 2.04x | 100% |
| January 2026 | $69.0M | Current | No | 1.96x | 100% |
| December 2025 | $69.0M | Current | No | 1.96x | 100% |
| November 2025 | $69.0M | Current | No | 1.96x | 100% |
| October 2025 | $69.0M | Current | No | 1.94x | 100% |
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
The loan is split into 2 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| UBS Commercial Mortgage Trust 2019-C17 | 3 | $38,950,000 | Sep 2026 | SEC filing, September 28, 2026 |
| Wells Fargo Commercial Mortgage Trust 2019-C53 | 7 | $30,000,000 | Sep 2026 | SEC filing, September 29, 2026 |
Other San Jose-Sunnyvale-Santa Clara loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Moffett Towers II | Sunnyvale, CA | Office | $180.3M | 3.764% | Jul 2029 | n/a | n/a | Current |
| Moffett Towers II Building V | Sunnyvale, CA | Office | $170.0M | 4.026% | Apr 2029 | 3.24x | 100% | Current |
| Moffett Towers Building D | Sunnyvale, CA | Office | $145.0M | 6.96% | Aug 2029 | 1.73x | 100% | Current |
| Western Digital Milpitas Campus | Milpitas, CA | Industrial | $126.0M | 6.844% | Feb 2029 | 1.83x | 100% | Current |
| Moffett Towers II - Buildings 3 & 4 | Sunnyvale, CA | Office | $114.8M | 3.764% | Jul 2029 | 2.32x | 100% | Current |
| 899 West Evelyn | Mountain View, CA | Office | $75.0M | 3.236% | Nov 2029 | 3.51x | 100% | Current |
| 620 National | Mountain View, CA | Office | $69.0M | 3.688% | Sep 2029 | 2.08x | 100% | Current |
| AC by Marriott San Jose | San Jose, CA | Hotel | $60.0M | 4.93% | Apr 2029 | n/a | n/a | Current |
All loans maturing in 2029 · All San Jose-Sunnyvale-Santa Clara loans
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.