Office · Sunnyvale, California
Moffett Towers II - Buildings 3 & 4
Public CMBS trusts hold $114.8M of the loan on Moffett Towers II - Buildings 3 & 4 at 3.764% that reaches its anticipated repayment date on July 6, 2029, in 2 years and 8 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $114,750,000
- Original balance (same notes)
- $114,750,000
- Interest rate
- 3.764% fixed
- Originated
- June 19, 2019
- Maturity
- June 6, 2034
- Anticipated repayment date
- July 6, 2029 (the rate steps up if the loan is not repaid by then)
- Payments
- Interest only for the full term
- Prepayment lockout ended
- August 5, 2021
- Prepayment premium ends
- January 5, 2029 (yield maintenance)
- Master servicer
- KeyBank N.A.
- Originator
- Barclays Capital Real Estate Inc./Goldman Sachs Bank USA/Deutsche Bank AG, New York Branch
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 1190 Discovery Way and 900 5th Avenue, Sunnyvale, CA 94089
- Metro
- San Jose-Sunnyvale-Santa Clara, CA
- Rentable area
- 701,266 sq ft
- Built
- 2019
- Largest tenants
- Meta Platforms Inc.
- Value at securitization
- $790.0M
Performance
| At securitization | Latest (Dec 2025) | |
|---|---|---|
| DSCR (NOI) | 3.47x | 2.32x |
| Occupancy | 100% | 100% |
| Net operating income | $46.4M | $44.7M |
| Debt yield | 39.0% |
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 2019-C52 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
- Coverage down 0.25x 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
- Debt service coverage moved from 3.47x at securitization to 2.32x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $114.8M | Current | No | 2.32x | 100% |
| August 2026 | $114.8M | Current | No | 2.32x | 100% |
| July 2026 | $114.8M | Current | No | 2.32x | 100% |
| June 2026 | $114.8M | Current | No | 2.32x | 100% |
| May 2026 | $114.8M | Current | No | 2.32x | 100% |
| April 2026 | $114.8M | Current | No | 2.32x | 100% |
| March 2026 | $114.8M | Current | No | 2.32x | 100% |
| February 2026 | $114.8M | Current | No | 2.32x | 100% |
| January 2026 | $114.8M | Current | No | 2.32x | 100% |
| December 2025 | $114.8M | Current | No | 2.32x | 100% |
| November 2025 | $114.8M | Current | No | 2.32x | 100% |
| October 2025 | $114.8M | Current | No | 2.32x | 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 2 notes held by different trusts. Each trust reports its own piece.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BBCMS Mortgage Trust 2019-C4 | 1 | $65,000,000 | Sep 2026 | SEC filing, September 29, 2026 |
| Wells Fargo Commercial Mortgage Trust 2019-C52 | 1 | $49,750,000 | Sep 2026 | SEC filing, September 29, 2026 |
Other San Jose-Sunnyvale-Santa Clara loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Moffett Towers II | Sunnyvale, CA | Office | $180.3M | 3.764% | Jul 2029 | n/a | n/a | Current |
| Moffett Towers II Building V | Sunnyvale, CA | Office | $170.0M | 4.026% | Apr 2029 | 3.24x | 100% | Current |
| Moffett Towers Building D | Sunnyvale, CA | Office | $145.0M | 6.96% | Aug 2029 | 1.73x | 100% | Current |
| Western Digital Milpitas Campus | Milpitas, CA | Industrial | $126.0M | 6.844% | Feb 2029 | 1.83x | 100% | Current |
| 899 West Evelyn | Mountain View, CA | Office | $75.0M | 3.236% | Nov 2029 | 3.51x | 100% | Current |
| 600 & 620 National Avenue | Mountain View, CA | Office | $69.0M | 3.688% | Sep 2029 | 2.08x | 100% | Current |
| 620 National | Mountain View, CA | Office | $69.0M | 3.688% | Sep 2029 | 2.08x | 100% | Current |
| AC by Marriott San Jose | San Jose, CA | Hotel | $60.0M | 4.93% | Apr 2029 | n/a | n/a | Current |
All loans maturing in 2029 · 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.