Industrial · Tampa, Florida
Causeway Center
Causeway Center is financed with a $6.4M CMBS loan at 4.46% that reaches maturity on June 6, 2029, in 2 years and 7 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $6,368,402
- Original balance (same notes)
- $7,000,000
- Interest rate
- 4.46% fixed
- Originated
- June 5, 2019
- Maturity
- June 6, 2029
- Payments
- Interest only for 24 months, then amortizing
- Prepayment lockout ends
- February 5, 2029
- Master servicer
- Midland Loan Services
- Originator
- Citi Real Estate Funding Inc.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 2609 Causeway Center Drive, Tampa, FL 33619
- Metro
- Tampa-St. Petersburg-Clearwater, FL
- Rentable area
- 92,000 sq ft
- Built
- 2008
- Largest tenants
- Breakers Unlimited, Inc.; New Source Medical, LLC; (UES) Faulkner Engineering Services Inc.
- Value at securitization
- $10.7M (May 2019)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 2.32x | n/a |
| Occupancy | 99% | n/a |
| Net operating income | $733K | n/a |
Watch flags
Computed from the BENCHMARK 2019-B12 MORTGAGE TRUST filing for the reporting period ending September 11, 2026, filed with the SEC September 30, 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.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $6.4M | Current | No | n/a | n/a |
| August 2026 | $6.4M | Current | No | n/a | n/a |
| July 2026 | $6.4M | Current | No | n/a | n/a |
| June 2026 | $6.4M | Current | No | n/a | n/a |
| May 2026 | $6.4M | Current | No | n/a | n/a |
| April 2026 | $6.4M | Current | No | 1.79x | 100% |
| March 2026 | $6.4M | Current | No | 1.79x | 100% |
| February 2026 | $6.4M | Current | No | 1.68x | 97% |
| January 2026 | $6.5M | Current | No | 1.68x | 97% |
| December 2025 | $6.5M | Current | No | 1.68x | 97% |
| November 2025 | $6.5M | Current | No | 1.68x | 97% |
| October 2025 | $6.5M | Current | No | 1.75x | 97% |
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-B12 MORTGAGE TRUST | 39 | $6,368,402 | Sep 2026 | SEC filing, September 30, 2026 |
Other Tampa-St. Petersburg-Clearwater loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Westshore Crossing | Tampa, FL | Multifamily | $50.4M | 6.499% | Jul 2029 | n/a | n/a | Current |
| Charleston On 66th | Largo, FL | Multifamily | $37.4M | 3.433% | Nov 2029 | 2.64x | 96% | Current |
| Westshore Center | Tampa, FL | Office | $32.5M | 7.455% | Aug 2029 | 1.60x | 82% | Current |
| Nature Coast Commons | Spring Hill, FL | Retail | $28.5M | 7.14% | Sep 2029 | 1.46x | 97% | Current |
| Agora at Port Richey (FL) | Port Richey, FL | Multifamily | $24.0M | 3.99% | Aug 2029 | 2.39x | 88% | Current |
| Tri Pointe Plaza | Tampa, FL | Mixed use | $22.2M | 3.66% | Nov 2029 | n/a | n/a | Current |
| Hampton Inn Clearwater | Clearwater, FL | Hotel | $17.3M | 4.25% | Sep 2029 | 2.40x | 7% | Current |
| Cypress Point Office Park | Tampa, FL | Office | $13.5M | 4.92% | Jan 2029 | 3.44x | 94% | Current |
All loans maturing in 2029 · All Tampa-St. Petersburg-Clearwater 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.