Office · Sunnyvale, California
Moffett Place Google
Public CMBS trusts hold $171.3M of the loan on Moffett Place Google at 4.55% that reaches maturity on January 6, 2027, in 2 months. As of the Sep 2026 and Oct 2026 servicer reports its status is current.
The loan
- Balance in tracked trusts
- $171,320,109
- Original balance (same notes)
- $185,000,000
- Interest rate
- 4.55% fixed
- Originated
- December 30, 2016
- Maturity
- January 6, 2027
- Payments
- Interest only for 60 months, then amortizing
- Prepayment lockout ended
- March 5, 2019
- Prepayment premium ends
- July 5, 2026
- Master servicer
- Midland
- Originator
- DBNY
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 1170 Bordeaux Drive, Sunnyvale, CA 94089
- Metro
- San Jose-Sunnyvale-Santa Clara, CA
- Rentable area
- 314,352 sq ft
- Built
- 2016
- Largest tenants
- Google LLC
- Value at securitization
- $272.5M (Nov 2016)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 1.81x | 1.40x |
| Occupancy | 100% | 100% |
| Net operating income (annualized from 3 months) | $15.4M | $15.8M |
| Debt yield | 9.2% |
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 CD 2017-CD3 Mortgage Trust filing for the reporting period ending October 6, 2026, filed with the SEC October 22, 2026.
- Coverage down 0.25x or more from securitization
- Matures 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
- Debt service coverage moved from 1.81x at securitization to 1.40x on the latest statements.
- The most recent valuation in the filing is $311.1M (March 1, 2018), against $272.5M at securitization.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| October 2026 | $64.8M | Current | No | 1.40x | 100% |
| September 2026 | $171.4M | Current | No | 1.40x | 100% |
| August 2026 | $171.7M | Current | No | 1.40x | 100% |
| July 2026 | $171.9M | Current | No | 1.40x | 100% |
| June 2026 | $172.2M | Current | No | 1.46x | 100% |
| May 2026 | $172.5M | Current | No | 1.46x | 100% |
| April 2026 | $172.8M | Current | No | 1.46x | 100% |
| March 2026 | $173.0M | Current | No | 1.46x | 100% |
| February 2026 | $173.3M | Current | No | 1.44x | 100% |
| January 2026 | $173.6M | Current | No | 1.44x | 100% |
| December 2025 | $173.8M | Current | No | 1.38x | 100% |
| November 2025 | $174.1M | 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
The loan is split into 3 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| CD 2017-CD4 Mortgage Trust | 2 | $69,497,350 | Sep 2026 | SEC filing, September 25, 2026 |
| CD 2017-CD3 Mortgage Trust | 6 | $64,757,506 | Oct 2026 | SEC filing, October 22, 2026 |
| UBS Commercial Mortgage Trust 2017-C1 | 3 | $37,065,253 | Sep 2026 | SEC filing, September 28, 2026 |
Other San Jose-Sunnyvale-Santa Clara loans due in 2027
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Moffett Gateway | Sunnyvale, CA | Office | $173.4M | 3.319% | Apr 2027 | 2.42x | 98% | Current |
| Moffett Towers II - Building 2 | Sunnyvale, CA | Office | $153.1M | 3.619% | Dec 2027 | 2.76x | 100% | Current |
| Moffett Place Building 4 | Sunnyvale, CA | Office | $88.3M | 3.637% | Aug 2027 | 2.45x | 100% | Current |
| 675 Creekside Way | Campbell, CA | Office | $83.4M | 3.69% | Mar 2027 | 2.91x | 100% | Current |
| 2851 Junction | San Jose, CA | Office | $58.1M | 4.14% | May 2027 | 1.97x | 100% | Current |
| Sprouts Farmers Market | San Jose, CA | Retail | $50.5M | 3.97% | May 2027 | 2.82x | 100% | Current |
| Torre Plaza | Cupertino, CA | Office | $45.0M | 3.861% | Jun 2027 | 2.20x | 100% | Current |
| Stryker Corporation | San Jose, CA | Office | $37.2M | 4.16% | Oct 2027 | 2.53x | 100% | Current |
All loans maturing in 2027 · All San Jose-Sunnyvale-Santa Clara loans
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting periods ending September 8, 2026, September 11, 2026, October 6, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.