Retail · Murfreesboro, Tennessee
Marketplace Center at Murfreesboro
Marketplace Center at Murfreesboro is financed with a $7.5M CMBS loan at 5.21% that reaches maturity on October 1, 2028, in 23 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $7,495,377
- Original balance (same notes)
- $8,600,000
- Interest rate
- 5.21% fixed
- Originated
- September 28, 2018
- Maturity
- October 1, 2028
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- April 30, 2028
- Master servicer
- Trimont LLC
- Originator
- KeyBank National Association
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 1948-1960 Old Fort Parkway, Murfreesboro, TN 37129
- Metro
- Nashville-Davidson--Murfreesboro--Franklin, TN
- Rentable area
- 116,758 sq ft
- Built
- 1996, renovated 2016
- Largest tenants
- Urban Air Adventure Park; Planet Fitness; Farmers Family Restaurant
- Value at securitization
- $12.4M (Jun 2018)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.67x | 1.80x |
| Occupancy | 96% | 73% |
| Net operating income (annualized from 6 months) | $948K | $1.0M |
| Debt yield | 13.7% |
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 BBCMS Mortgage Trust 2018-C2 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- Occupancy down 10 points 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 96% when the loan was securitized to 73%.
- Net operating income is 8% above the underwritten figure ($1.0M a year against $948K; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 1.67x at securitization to 1.80x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $7.5M | Current | No | 1.80x | 73% |
| August 2026 | $7.5M | Current | No | 1.80x | 73% |
| July 2026 | $7.5M | Current | No | 1.79x | 81% |
| June 2026 | $7.5M | Current | No | 1.79x | 81% |
| May 2026 | $7.6M | Current | No | 1.79x | 81% |
| April 2026 | $7.6M | Current | No | 1.79x | 81% |
| March 2026 | $7.6M | Current | No | 1.70x | 100% |
| February 2026 | $7.6M | Current | No | 1.70x | 100% |
| January 2026 | $7.6M | Current | No | 1.80x | 81% |
| December 2025 | $7.6M | Current | No | 1.80x | 81% |
| November 2025 | $7.6M | Current | No | 1.80x | 81% |
| October 2025 | $7.6M | Current | No | 1.80x | 81% |
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 |
|---|---|---|---|---|
| BBCMS Mortgage Trust 2018-C2 | 32 | $7,495,377 | Sep 2026 | SEC filing, September 29, 2026 |
Other Nashville-Davidson--Murfreesboro--Franklin loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Coolsprings Galleria | Franklin, TN | Retail | $131.4M | 4.839% | May 2028 | 1.95x | 93% | Current |
| Sheraton Grand Nashville Downtown | Nashville, TN | Hotel | $130.0M | 5.035% | Oct 2028 | n/a | n/a | Current |
| Sheraton Music City | Nashville, TN | Hotel | $60.1M | 4.94% | Jun 2028 | 1.87x | 70% | Current |
| Hilton Garden Inn Nashville Smyrna | Smyrna, TN | Hotel | $42.7M | 5.00% | Aug 2028 | n/a | n/a | With the special servicer |
| Spring Hill Logistics Center | Spring Hill, TN | Industrial | $25.0M | 4.609% | Jun 2028 | 3.03x | 100% | Current |
| Pin Oaks | Nashville, TN | Industrial | $11.5M | 4.795% | Jul 2028 | 2.52x | 96% | Current |
| Hickory View Apartments | Nashville, TN | Multifamily | $10.6M | 5.47% | Mar 2028 | 1.81x | 95% | Current |
| Home2 Suites - Franklin Cool Springs | Franklin, TN | Hotel | $10.4M | 5.11% | Dec 2028 | 1.32x | 69% | Current |
All loans maturing in 2028 · All Nashville-Davidson--Murfreesboro--Franklin 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.