Office · Houston, Texas
8 West Centre
Public CMBS trusts hold $38.3M of the loan on 8 West Centre at 3.888% that reaches maturity on November 1, 2029, in 3 years. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $38,293,539
- Original balance (same notes)
- $44,200,000
- Interest rate
- 3.888% fixed
- Originated
- October 22, 2019
- Maturity
- November 1, 2029
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- July 31, 2029
- Master servicer
- Midland Loan Services
- Originator
- JPMorgan Chase Bank, National Association
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- Partly defeased
The property
- Address
- 3505 W Sam Houston Parkway North, Houston, TX 77043
- Metro
- Houston-Pasadena-The Woodlands, TX
- Rentable area
- 227,045 sq ft
- Built
- 2013
- Largest tenants
- Audubon Engineering; Helix Energy Solutions Group; Chefs Catering, Inc.
- Value at securitization
- $70.0M (Sep 2019)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 2.07x | 1.43x |
| Occupancy | 100% | 85% |
| Net operating income (annualized from 3 months) | $5.2M | $3.6M |
| Debt yield | 9.4% |
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 BENCHMARK 2019-B15 MORTGAGE TRUST filing for the reporting period ending September 11, 2026, filed with the SEC September 30, 2026.
- Coverage down 0.25x or more from securitization
- Occupancy down 10 points or more from securitization
- NOI down 20% or more from securitization
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
- Occupancy has fallen from 100% when the loan was securitized to 85%.
- Net operating income is 30% below the underwritten figure ($3.6M a year against $5.2M; the latest statement covers 3 months, annualized).
- Debt service coverage moved from 2.07x at securitization to 1.43x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $38.3M | Current | No | 1.43x | 85% |
| August 2026 | $38.4M | Current | No | 1.43x | 85% |
| July 2026 | $38.5M | Current | No | 1.43x | 85% |
| June 2026 | $38.5M | Current | No | n/a | n/a |
| May 2026 | $38.6M | Current | No | n/a | n/a |
| April 2026 | $38.7M | Current | No | 0.99x | 84% |
| March 2026 | $38.8M | Current | No | 1.15x | 84% |
| February 2026 | $38.9M | Current | No | 1.15x | 73% |
| January 2026 | $38.9M | Current | No | 1.15x | 73% |
| December 2025 | $39.0M | Current | No | 1.09x | 73% |
| November 2025 | $39.1M | Current | No | 1.09x | 73% |
| October 2025 | $39.2M | Current | No | 1.09x | 73% |
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 |
|---|---|---|---|---|
| Benchmark 2019-B14 Mortgage Trust | 23 | $22,525,610 | Sep 2026 | SEC filing, September 28, 2026 |
| BENCHMARK 2019-B15 MORTGAGE TRUST | 19 | $15,767,928 | Sep 2026 | SEC filing, September 30, 2026 |
Other Houston-Pasadena-The Woodlands loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Woodlands Mall | The Woodlands, TX | Retail | $247.6M | 4.256% | Aug 2029 | 4.02x | 84% | Current |
| Baybrook Mall | Friendswood, TX | Retail | $205.7M | 6.816% | Aug 2029 | 1.65x | 91% | Current |
| 9950 Woodloch | The Woodlands, TX | Office | $127.4M | 7.075% | Jul 2029 | n/a | n/a | Current |
| Cortland West Champions | Houston, TX | Multifamily | $78.4M | 5.893% | Oct 2029 | 1.64x | 91% | Current |
| Verde Apartments | Houston, TX | Multifamily | $78.0M | 6.79% | Dec 2029 | 1.13x | 81% | Current |
| Marqe Entertainment Center | Houston, TX | Retail | $70.0M | 7.27% | Apr 2029 | 1.61x | 99% | Current |
| Falls Houston Multifamily Portfolio | Houston, TX | Multifamily | $63.3M | 6.944% | Jul 2029 | 1.38x | 89% | With the special servicer and 90+ days delinquent |
| NOV Headquarters | Houston, TX | Office | $39.2M | 4.63% | Apr 2029 | 1.83x | 100% | Current |
All loans maturing in 2029 · All Houston-Pasadena-The Woodlands 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.