Retail · Tucson, Arizona
The Plaza at Williams Centre
The Plaza at Williams Centre is financed with a $12.5M CMBS loan at 3.408% that reaches maturity on July 11, 2031, in 4 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
- $12,523,070
- Original balance (same notes)
- $14,000,000
- Interest rate
- 3.408% fixed
- Originated
- June 29, 2021
- Maturity
- July 11, 2031
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- April 10, 2031
- Master servicer
- Trimont LLC
- Originator
- Wells Fargo Bank, National Association
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 5340-5480 East Broadway Boulevard, Tucson, AZ 85711
- Metro
- Tucson, AZ
- Rentable area
- 96,860 sq ft
- Built
- 1988
- Largest tenants
- Olive Garden; Phenix Salon Suites; First Watch
- Value at securitization
- $21.1M (Apr 2021)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 2.00x | 2.75x |
| Occupancy | 85% | 96% |
| Net operating income (annualized from 6 months) | $1.5M | $2.1M |
| 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 WELLS FARGO COMMERCIAL MORTGAGE TRUST 2021-C60 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
- Occupancy has risen from 85% when the loan was securitized to 96%.
- Net operating income is 39% above the underwritten figure ($2.1M a year against $1.5M; the latest statement covers 6 months, annualized).
- Debt service coverage moved from 2.00x at securitization to 2.75x on the latest statements.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $12.5M | Current | No | 2.75x | 96% |
| August 2026 | $12.5M | Current | No | 2.75x | 96% |
| July 2026 | $12.6M | Current | No | 2.76x | 96% |
| June 2026 | $12.6M | Current | No | 2.76x | 96% |
| May 2026 | $12.6M | Current | No | 2.76x | 96% |
| April 2026 | $12.7M | Current | No | 2.51x | 95% |
| March 2026 | $12.7M | Current | No | 2.43x | 88% |
| February 2026 | $12.7M | Current | No | 2.43x | 88% |
| January 2026 | $12.7M | Current | No | 2.43x | 88% |
| December 2025 | $12.8M | Current | No | 2.43x | 88% |
| November 2025 | $12.8M | Current | No | 2.43x | 88% |
| October 2025 | $12.8M | Current | No | 2.53x | 88% |
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 |
|---|---|---|---|---|
| WELLS FARGO COMMERCIAL MORTGAGE TRUST 2021-C60 | 19 | $12,523,070 | Sep 2026 | SEC filing, September 29, 2026 |
Other Tucson loans due in 2031
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| La Encantada | Tuscon, AZ | Retail | $102.0M | 3.361% | Oct 2031 | 3.38x | 93% | Current |
| Wilmot Plaza | Tuscon, AZ | Retail | $27.8M | 3.907% | Oct 2031 | 1.91x | 100% | Current |
| Icon Broadway fka River Oaks Apartments | Tucson, AZ | Multifamily | $24.6M | 6.00% | May 2031 | n/a | n/a | Current |
| Campbell Plaza | Tucson, AZ | Retail | $23.3M | 4.01% | Jul 2031 | 1.78x | 93% | Current |
| Embassy Plaza | Tucson, AZ | Retail | $16.7M | 6.59% | Apr 2031 | n/a | n/a | Current |
| A-Family Storage - East Valencia | Tucson, AZ | Self storage | $8.8M | 3.516% | May 2031 | n/a | n/a | Current |
| Arizona Pavilions | Tucson, AZ | Retail | $6.0M | 4.98% | Mar 2031 | 1.54x | 100% | Current |
| Chuze Fitness Center | Tucson, AZ | Retail | $3.7M | 3.52% | Sep 2031 | 2.16x | 100% | Current |
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.