Industrial · Middletown, Pennsylvania
Air Depot Industrial
Air Depot Industrial is financed with a $24.5M CMBS loan at 6.42% that reaches maturity on January 6, 2036, in 9 years and 2 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is late, less than 30 days.
The loan
- Balance in tracked trusts
- $24,500,000
- Original balance (same notes)
- $24,500,000
- Interest rate
- 6.42% fixed
- Originated
- December 23, 2025
- Maturity
- January 6, 2036
- Payments
- Interest only for the full term
- Prepayment premium ends
- October 5, 2035 (yield maintenance)
- Master servicer
- Trimont LLC
- Originator
- BSPRT
Status
- Payment status
- Late payment but less than 30 days delinquent (code B)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 532 East Emaus Street, Middletown, PA 17057
- Metro
- Harrisburg-Carlisle, PA
- Rentable area
- 435,880 sq ft
- Built
- 1940, renovated 2024
- Largest tenants
- UNIVAR; MIDWEST TRUCKING; SAFWAY
- Value at securitization
- $39.2M (Apr 2025)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.86x | n/a |
| Occupancy | 92% | n/a |
| Net operating income | $3.0M | n/a |
Watch flags
Computed from the Wells Fargo Commercial Mortgage Trust 2026-C66 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
- The filing gives Dec 2034 as the lease end date for the largest tenant (UNIVAR), before the loan matures. Lenders look hard at that rollover.
The last 6 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $24.5M | Late payment but less than 30 days delinquent | No | n/a | n/a |
| August 2026 | $24.5M | Current | No | n/a | n/a |
| July 2026 | $24.5M | Current | No | n/a | n/a |
| June 2026 | $24.5M | Current | No | n/a | n/a |
| May 2026 | $24.5M | Current | No | n/a | n/a |
| April 2026 | $24.5M | Current | No | 1.34x | 92% |
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 |
|---|---|---|---|---|
| Wells Fargo Commercial Mortgage Trust 2026-C66 | 9 | $24,500,000 | Sep 2026 | SEC filing, September 29, 2026 |
Other Harrisburg-Carlisle loans due in 2036
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Hampden Marketplace | Enola, PA | Retail | $9.3M | 6.481% | May 2036 | n/a | n/a | 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.