Office · Sunnyvale, California
Moffett Towers II - Building 1
Public CMBS trusts hold $158.6M of the loan on Moffett Towers II - Building 1 at 3.894% that reaches maturity on April 6, 2028, in 17 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $158,639,209
- Original balance (same notes)
- $168,000,000
- Interest rate
- 3.894% fixed
- Originated
- July 13, 2018
- Maturity
- April 6, 2028
- Payments
- Interest only for 60 months, then amortizing
- Prepayment lockout ended
- September 5, 2020
- Prepayment premium ends
- January 5, 2028 (yield maintenance)
- Master servicer
- Trimont LLC
- Originator
- Deutsche Bank AG, acting through its New York Branch
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 1100 Discovery Way, Sunnyvale, CA 94089
- Metro
- San Jose-Sunnyvale-Santa Clara, CA
- Rentable area
- 350,633 sq ft
- Built
- 2018
- Largest tenants
- Amazon.com
- Value at securitization
- $358.6M (Dec 2018)
Performance
| At securitization | Latest (Dec 2025) | |
|---|---|---|
| DSCR (NOI) | 2.03x | 2.23x |
| Occupancy | 100% | 100% |
| Net operating income | $19.2M | $21.2M |
| Debt yield | 13.3% |
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 2018-C46 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
- Net operating income is 10% above the underwritten figure ($21.2M a year against $19.2M).
- Debt service coverage moved from 2.03x at securitization to 2.23x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $158.6M | Current | No | 1.30x | 100% |
| August 2026 | $158.9M | Current | No | 1.30x | 100% |
| July 2026 | $159.2M | Current | No | 1.30x | 100% |
| June 2026 | $159.4M | Current | No | 1.30x | 100% |
| May 2026 | $159.7M | Current | No | 1.30x | 100% |
| April 2026 | $160.0M | Current | No | 1.30x | 100% |
| March 2026 | $160.2M | Current | No | 1.30x | 100% |
| February 2026 | $160.5M | Current | No | 1.30x | 100% |
| January 2026 | $160.8M | Late payment but less than 30 days delinquent | No | 1.29x | 100% |
| December 2025 | $161.0M | Current | No | 1.29x | 100% |
| November 2025 | $161.3M | Current | No | 1.25x | 100% |
| October 2025 | $161.5M | Current | No | 1.25x | 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 5 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BENCHMARK 2018-B6 MORTGAGE TRUST | 2 | $71,765,356 | Sep 2026 | SEC filing, September 25, 2026 |
| DBGS 2018-C1 Mortgage Trust | 18 | $23,607,025 | Sep 2026 | SEC filing, October 1, 2026 |
| Benchmark 2018-B8 Mortgage Trust | 18 | $23,607,025 | Sep 2026 | SEC filing, September 28, 2026 |
| BBCMS Mortgage Trust 2018-C2 | 16 | $20,774,182 | Sep 2026 | SEC filing, September 29, 2026 |
| Wells Fargo Commercial Mortgage Trust 2018-C46 | 9 | $18,885,620 | Sep 2026 | SEC filing, September 29, 2026 |
Other San Jose-Sunnyvale-Santa Clara loans due in 2028
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Apple Campus 3, Sunnyvale (2028 maturity), loan 1 in BANK 2018-BNK10 | Sunnyvale, CA | Office | $310.0M | 3.365% | Jan 2028 | 3.78x | 100% | Current |
| Moffett Towers - Buildings E,f,g | Sunnyvale, CA | Office | $284.0M | 4.131% | Oct 2028 | 3.51x | 100% | Current |
| 1001 North Shoreline Boulevard | Mountain View, CA | Office | $64.5M | 3.465% | Apr 2028 | 3.61x | 100% | Current |
| 3495 Deer Creek Road | Palo Alto, CA | Office | $50.0M | 4.955% | Apr 2028 | 2.69x | 100% | Current |
| 590 Middlefield | Mountain View, CA | Office | $48.8M | 5.369% | Dec 2028 | 1.40x | 100% | Current |
| 601 Mccarthy | Milpitas, CA | Office | $30.7M | 4.172% | Sep 2028 | 4.69x | 100% | Current |
| 435 Tasso Street | Palo Alto, CA | Office | $30.0M | 4.402% | Dec 2028 | 1.02x | 73% | Current |
| Apple Campus 3, Sunnyvale (2028 maturity), loan 7 in Wells Fargo Commercial Mortgage Trust 2018-C43 | Sunnyvale, CA | Office | $30.0M | 3.365% | Jan 2028 | 3.78x | 100% | Current |
All loans maturing in 2028 · 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. Servicers report these figures; cmbs.news does not audit them. How this page is built.