Industrial · Tupelo, Mississippi
Westpark Industrial
Westpark Industrial is financed with a $4.1M CMBS loan at 4.10% that reaches maturity on October 6, 2029, in 2 years and 11 months. As of the Oct 2026 servicer report its status is current.
The loan
- Balance in tracked trusts
- $4,127,703
- Original balance (same notes)
- $4,760,000
- Interest rate
- 4.10% fixed
- Originated
- September 11, 2019
- Maturity
- October 6, 2029
- Payments
- Amortizing over 30 years
- Prepayment lockout ends
- June 5, 2029
- Master servicer
- Midland Loan Services
- Originator
- Argentic Real Estate Finance LLC
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 3406 West Main Street, Tupelo, MS 38801
- Rentable area
- 33,240 sq ft
- Built
- 1976, renovated 2018
- Largest tenants
- William Logistics; JB Hunt; ABC Supply
- Value at securitization
- $6.5M (Aug 2019)
Performance
| At securitization | Latest (Jun 2026) | |
|---|---|---|
| DSCR (NOI) | 1.93x | 1.92x |
| Occupancy | 100% | 100% |
| Net operating income | $534K | $529K |
| Debt yield | 12.8% |
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 GS Mortgage Securities Trust 2019-GSA1 filing for the reporting period ending October 6, 2026, filed with the SEC October 22, 2026.
- Largest tenant's lease ends within 12 months
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
- The filing gives Sep 2027 as the lease end date for the largest tenant (William Logistics), before the loan matures. Lenders look hard at that rollover.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| October 2026 | $4.1M | Current | No | 1.92x | 100% |
| September 2026 | $4.1M | Current | No | 1.92x | 100% |
| August 2026 | $4.1M | Current | No | 1.92x | 100% |
| July 2026 | $4.2M | Current | No | 1.97x | n/a |
| June 2026 | $4.2M | Current | No | 1.97x | n/a |
| May 2026 | $4.2M | Current | No | n/a | n/a |
| April 2026 | $4.2M | Current | No | 1.99x | 89% |
| March 2026 | $4.2M | Current | No | 1.99x | 89% |
| February 2026 | $4.2M | Payment not received but still in grace period or not yet due | No | 2.01x | 89% |
| January 2026 | $4.2M | Current | No | 2.01x | 89% |
| December 2025 | $4.2M | Late payment but less than 30 days delinquent | No | 2.01x | 89% |
| November 2025 | $4.2M | Current | No | 1.94x | 89% |
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 |
|---|---|---|---|---|
| GS Mortgage Securities Trust 2019-GSA1 | 42 | $4,127,703 | Oct 2026 | SEC filing, October 22, 2026 |
Other Mississippi loans due in 2029
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Life Storage - 586 | Flowood, MS | Self storage | $70.7M | 3.809% | Aug 2029 | n/a | n/a | Current |
| 1 Fashion Way | Baldwyn, MS | Industrial | $38.0M | 4.80% | Apr 2029 | n/a | n/a | Current |
| Highland Hills Apartments | Jackson, MS | Multifamily | $27.1M | 5.591% | Jan 2029 | -0.58x | 45% | With the special servicer and 90+ days delinquent |
| Forum at Grandview | Madison, MS | Retail | $22.6M | 4.60% | Sep 2029 | n/a | n/a | Current |
| Meridian Crossroads | Meridian, MS | Retail | $22.0M | 7.165% | Dec 2029 | 1.68x | 100% | Current |
| Homewood Suites Southaven | Southaven, MS | Hotel | $17.6M | 7.765% | Dec 2029 | 1.50x | 94% | Current |
| Olive Branch Commons | Olive Branch, MS | Retail | $12.2M | 5.33% | May 2029 | n/a | n/a | Current |
| Heritage Place Apartments | Meridian, MS | Multifamily | $11.5M | 4.85% | Aug 2029 | n/a | n/a | With the special servicer and 90+ days delinquent |
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending October 6, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.