Office · Sunnyvale, California
Moffett Towers II - Building 2
Public CMBS trusts hold $153.1M of the loan on Moffett Towers II - Building 2 at 3.619% that reaches maturity on December 6, 2027, in 13 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $153,104,575
- Original balance (same notes)
- $165,000,000
- Interest rate
- 3.619% fixed
- Originated
- November 16, 2017
- Maturity
- December 6, 2027
- Payments
- Interest only for 60 months, then amortizing
- Prepayment lockout ends
- June 5, 2027
- Master servicer
- Trimont LLC
- Originator
- Barclays Bank PLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 905 11th Avenue, Sunnyvale, CA 94089
- Metro
- San Jose-Sunnyvale-Santa Clara, CA
- Rentable area
- 362,563 sq ft
- Built
- 2017
- Largest tenants
- Amazon.com
- Value at securitization
- $351.0M (Oct 2017)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 2.18x | 2.76x |
| Occupancy | 100% | 100% |
| Net operating income (annualized from 3 months) | $19.7M | $25.2M |
| Debt yield | 16.5% |
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 CSAIL 2018-CX11 Commercial Mortgage Trust filing for the reporting period ending September 11, 2026, filed with the SEC September 28, 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 28% above the underwritten figure ($25.2M a year against $19.7M; the latest statement covers 3 months, annualized).
- Debt service coverage moved from 2.18x at securitization to 2.76x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $153.1M | Current | No | 2.76x | 100% |
| August 2026 | $153.4M | Current | No | 2.76x | 100% |
| July 2026 | $153.7M | Current | No | 2.76x | 100% |
| June 2026 | $153.9M | Current | No | 2.76x | 100% |
| May 2026 | $154.2M | Current | No | 2.66x | 100% |
| April 2026 | $154.5M | Current | No | 2.66x | 100% |
| March 2026 | $116.1M | Current | No | 2.66x | 100% |
| February 2026 | $155.1M | Current | No | 2.66x | 100% |
| January 2026 | $155.3M | Current | No | 2.66x | 100% |
| December 2025 | $155.6M | Current | No | 2.66x | 100% |
| November 2025 | $155.9M | Current | No | 2.66x | 100% |
| October 2025 | $156.2M | Current | No | 2.66x | 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 4 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| Wells Fargo Commercial Mortgage Trust 2018-C43 | 1 | $50,106,952 | Sep 2026 | SEC filing, September 29, 2026 |
| BANK 2018-BNK10 | 10 | $38,276,143 | Sep 2026 | SEC filing, September 29, 2026 |
| Wells Fargo Commercial Mortgage Trust 2017-C42 | 5 | $37,116,261 | Sep 2026 | SEC filing, September 29, 2026 |
| CSAIL 2018-CX11 Commercial Mortgage Trust | 9 | $27,605,219 | 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 Place Google | Sunnyvale, CA | Office | $171.3M | 4.55% | Jan 2027 | 1.40x | 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 period ending September 11, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.