Industrial · San Diego, California
Trepte Industrial Park
Trepte Industrial Park is financed with a $11.0M CMBS loan at 3.106% that reaches maturity on January 6, 2031, in 4 years and 2 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $10,968,063
- Original balance (same notes)
- $12,500,000
- Interest rate
- 3.106% fixed
- Originated
- December 30, 2020
- Maturity
- January 6, 2031
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- September 5, 2030
- Master servicer
- Midland Loan Services
- Originator
- Goldman Sachs Bank USA
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 7606 Trade Street, San Diego, CA 92121
- Metro
- San Diego-Chula Vista-Carlsbad, CA
- Rentable area
- 189,056 sq ft
- Built
- 1979
- Largest tenants
- Home Brew Mart, Inc.; Commonwealth Packaging Company, Inc.; Agiliti Health, Inc.
- Value at securitization
- $39.5M (Dec 2020)
Performance
| At securitization | Latest | |
|---|---|---|
| DSCR (NOI) | 3.44x | n/a |
| Occupancy | 95% | n/a |
| Net operating income | $2.2M | n/a |
Watch flags
Computed from the BENCHMARK 2021-B23 MORTGAGE TRUST filing for the reporting period ending September 11, 2026, filed with the SEC September 30, 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.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $11.0M | Current | No | n/a | n/a |
| August 2026 | $11.0M | Current | No | n/a | n/a |
| July 2026 | $11.0M | Current | No | n/a | n/a |
| June 2026 | $11.0M | Current | No | n/a | n/a |
| May 2026 | $11.1M | Current | No | n/a | n/a |
| April 2026 | $11.1M | Current | No | 6.03x | 100% |
| March 2026 | $11.1M | Current | No | 6.03x | 100% |
| February 2026 | $11.1M | Current | No | 6.03x | 100% |
| January 2026 | $11.2M | Current | No | 6.03x | 100% |
| December 2025 | $11.2M | Current | No | 6.03x | 100% |
| November 2025 | $11.2M | Current | No | n/a | n/a |
| October 2025 | $11.2M | Current | No | n/a | n/a |
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 |
|---|---|---|---|---|
| BENCHMARK 2021-B23 MORTGAGE TRUST | 35 | $10,968,063 | Sep 2026 | SEC filing, September 30, 2026 |
Other San Diego-Chula Vista-Carlsbad loans due in 2031
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Torrey Heights, San Diego (2031 maturity), loan 8 in BANK5 2026-5YR20 | San Diego, CA | Mixed use | $92.0M | 4.968% | Jan 2031 | n/a | n/a | Current |
| Sunset View | Oceanside, CA | Multifamily | $37.2M | 6.065% | Mar 2031 | n/a | n/a | Current |
| Lightwave Corporate Center | San Diego, CA | Mixed use | $37.1M | 2.55% | Oct 2031 | 5.49x | 100% | Current |
| Torrey Heights, San Diego (2031 maturity), loan 11 in BANK5 2026-5YR21 | San Diego, CA | Mixed use | $33.0M | 4.968% | Jan 2031 | n/a | n/a | Current |
| Allied Plaza | La Mesa, CA | Office | $20.5M | 2.98% | Apr 2031 | 4.29x | 92% | Current |
| The Promontory | San Diego, CA | Office | $20.0M | 3.652% | Apr 2031 | 3.25x | 85% | Current |
| Sorrento Pines | CA | Industrial | $19.5M | 6.42% | Jul 2031 | n/a | n/a | Current |
| Holiday inn Express - San Diego | San Diego, CA | Hotel | $19.0M | 3.735% | Jun 2031 | 3.67x | 82% | Current |
All loans maturing in 2031 · All San Diego-Chula Vista-Carlsbad 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.