Office · Commerce, California
Commerce Office Park
Commerce Office Park is financed with a $45.0M CMBS loan at 6.473% that reaches maturity on January 11, 2031, in 4 years and 2 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $45,000,000
- Original balance (same notes)
- $45,000,000
- Interest rate
- 6.473% fixed
- Originated
- December 19, 2025
- Maturity
- January 11, 2031
- Payments
- Interest only for the full term
- Prepayment lockout ends
- July 10, 2030
- Master servicer
- Trimont LLC
- Originator
- WFB
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 4900 South Eastern Avenue, 5500 South Eastern Avenue, 5700 South Eastern Avenue, 5770 South Eastern Avenue and 5801 East Slauson Avenue, Commerce, CA 90040
- Metro
- Los Angeles-Long Beach-Anaheim, CA
- Rentable area
- 283,948 sq ft
- Built
- 1958, renovated 2016
- Largest tenants
- County of Los Angeles; State of California; County of Los Angeles
- Value at securitization
- $75.9M (Dec 2025)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 1.98x | n/a |
| Occupancy | 100% | n/a |
| Net operating income | $5.8M | n/a |
Watch flags
Computed from the Wells Fargo Commercial Mortgage Trust 2026-5C8 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 Apr 2029 as the lease end date for the largest tenant (County of Los Angeles), before the loan matures. Lenders look hard at that rollover.
The last 7 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $45.0M | Current | No | n/a | n/a |
| August 2026 | $45.0M | Current | No | n/a | n/a |
| July 2026 | $45.0M | Current | No | n/a | n/a |
| June 2026 | $45.0M | Current | No | n/a | n/a |
| May 2026 | $45.0M | Current | No | n/a | n/a |
| April 2026 | $45.0M | Current | No | n/a | n/a |
| March 2026 | $45.0M | Current | No | 1.99x | 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 2026-5C8 | 6 | $45,000,000 | Sep 2026 | SEC filing, September 29, 2026 |
Other Los Angeles-Long Beach-Anaheim loans due in 2031
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 1888 Century Park East | Los Angeles, CA | Office | $200.0M | 2.641% | Dec 2031 | 3.24x | 70% | Current |
| Hilton Waterfront Beach Resort | Huntington Beach, CA | Hotel | $127.0M | 6.107% | Mar 2031 | n/a | n/a | Current |
| Glendale Fashion Center | Glendale, CA | Retail | $100.0M | 6.518% | Jul 2031 | n/a | n/a | Current |
| Freeway Business Park | Long Beach, CA | Office | $95.0M | 6.024% | Mar 2031 | n/a | n/a | Current |
| La Habra Marketplace | La Habra, CA | Retail | $95.0M | 3.70% | Dec 2031 | 2.67x | 99% | Current |
| Plaza La Cienega | Los Angeles, CA | Mixed use | $90.0M | 3.49% | Oct 2031 | n/a | n/a | Current |
| Chateau Marmont | Los Angeles, CA | Hotel | $65.0M | 6.51% | Apr 2031 | n/a | n/a | Current |
| Del Rey Campus | Los Angeles, CA | Office | $65.0M | 6.95% | Mar 2031 | n/a | n/a | Current |
All loans maturing in 2031 · All Los Angeles-Long Beach-Anaheim 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.