Industrial · Little Rock, Arkansas
Colonel Glenn Business Center
Colonel Glenn Business Center is financed with a $4.3M CMBS loan at 5.11% that reaches maturity on February 6, 2029, in 2 years and 3 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $4,262,735
- Original balance (same notes)
- $4,500,000
- Interest rate
- 5.11% fixed
- Originated
- February 8, 2019
- Maturity
- February 6, 2029
- Payments
- Interest only for 48 months, then amortizing
- Prepayment lockout ends
- November 5, 2028
- Master servicer
- Trimont LLC
- Originator
- Barclays Capital Real Estate Inc.
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 10303 Colonel Glenn Road, Little Rock, AR 72204
- Metro
- Little Rock-North Little Rock-Conway, AR
- Rentable area
- 42,857 sq ft
- Built
- 2007
- Largest tenants
- HOWMEDICA OSTEONICS CORP; Trane Inc; United Rentals Inc.
- Value at securitization
- $6.5M (Jan 2019)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.65x | 1.46x |
| Occupancy | 100% | 85% |
| Net operating income (annualized from 6 months) | $484K | $431K |
| Debt yield | 10.1% |
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-C50 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- Occupancy down 10 points or more from securitization
- Largest tenant's lease ends within 12 months
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 11% below the underwritten figure ($431K a year against $484K; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.65x at securitization to 1.46x on the latest statements.
- The filing gives Mar 2027 as the lease end date for the largest tenant (HOWMEDICA OSTEONICS CORP), 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 | $4.3M | Current | No | 1.46x | 85% |
| August 2026 | $4.3M | Current | No | 1.46x | 85% |
| July 2026 | $4.3M | Current | No | 1.82x | 85% |
| June 2026 | $4.3M | Current | No | 1.88x | 100% |
| May 2026 | $4.3M | Current | No | 1.88x | 100% |
| April 2026 | $4.3M | Current | No | 1.88x | 100% |
| March 2026 | $4.3M | Current | No | 1.38x | 100% |
| February 2026 | $4.3M | Current | No | 1.38x | 100% |
| January 2026 | $4.3M | Current | No | 1.38x | 100% |
| December 2025 | $4.3M | Current | No | 1.38x | 100% |
| November 2025 | $4.3M | Current | No | 1.38x | 100% |
| October 2025 | $4.3M | Current | No | 1.38x | 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
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| Wells Fargo Commercial Mortgage Trust 2019-C50 | 58 | $4,262,735 | Sep 2026 | SEC filing, September 29, 2026 |
Other Little Rock-North Little Rock-Conway loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Little Rock Logistics Center | Maumelle, AR | Industrial | $13.6M | 4.65% | Jul 2029 | 2.73x | 100% | Current |
| Stonewood Apartments | Little Rock, AR | Multifamily | $4.0M | 7.47% | Dec 2029 | 1.42x | 100% | Late, less than 30 days |
All loans maturing in 2029 · All Little Rock-North Little Rock-Conway 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.