Tenant exposure
Best Buy in CMBS
The trusts' filings name Best Buy among the three largest tenants at properties securing 55 public CMBS loans with $2.2B outstanding. It is the largest tenant at 24 of them. 1 of those loans (2.6% of the balance) is delinquent or with a special servicer.
Every loan
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 535-545 Fifth Avenue | New York, NY | Mixed use | $309.3M | 7.06% | Jan 2031 | n/a | n/a | Current |
| Station Park & Station Park West | Farmington, UT | Mixed use | $118.7M | 3.377% | Dec 2030 | 5.53x | 96% | Current |
| Waterford Lakes Town Center | Orlando, FL | Retail | $118.1M | 4.86% | May 2029 | 1.90x | 92% | Current |
| Ceasars Bay Shopping Center | Brooklyn, NY | Retail | $87.5M | 3.015% | Oct 2029 | 4.69x | 100% | Current |
| Nut Tree Plaza | Vacaville, CA | Retail | $84.0M | 4.74% | May 2032 | 2.10x | 96% | Current |
| 1 Union Square South Retail | New York, NY | Retail | $75.0M | 2.271% | Oct 2031 | 4.49x | 100% | Current |
| Landstown Commons | Virginia Beach, VA | Retail | $73.4M | 6.10% | Feb 2036 | n/a | n/a | Current |
| Coral Ridge Mall | Coralville, IA | Retail | $61.6M | 6.821% | Feb 2031 | n/a | n/a | Current |
| Sacramento Gateway | Sacramento, CA | Retail | $61.5M | 6.456% | Oct 2029 | 1.66x | 96% | Current |
| 1000 Denny Way | Seattle, WA | Office | $56.0M | 5.107% | Feb 2027 | 1.69x | 57% | With the special servicer |
| The Court at Oxford Valley | Fairless Hills, PA | Retail | $52.6M | 3.20% | Jul 2031 | 2.23x | 92% | Current |
| Bella Terra | Richmond, TX | Retail | $52.3M | 3.48% | Dec 2031 | 3.12x | 91% | Current |
| Sparks Crossing | Sparks, NV | Retail | $49.1M | 6.05% | Jan 2031 | n/a | n/a | Current |
| Treasure Valley Marketplace | Nampa, ID | Retail | $47.6M | 7.11% | Apr 2030 | 1.50x | 97% | Current |
| Shadow Mountain Marketplace | Las Vegas, NV | Retail | $46.0M | 5.14% | Feb 2029 | 1.39x | 94% | Current |
| McCarthy Ranch | Milpitas, CA | Retail | $45.0M | 3.694% | Feb 2030 | 2.58x | 87% | Current |
| Madonna Plaza | San Luis Obispo, CA | Retail | $44.4M | 4.36% | Dec 2031 | 1.05x | 70% | Current |
| Shops at Trace Fork | Charleston, WV | Retail | $40.4M | 4.88% | Feb 2029 | 2.33x | 96% | Current |
| Nassau Shopping Center | Levittown, NY | Retail | $40.0M | 4.355% | Jul 2028 | 2.54x | 97% | Current |
| Orangefair Marketplace | Fullerton, CA | Retail | $39.9M | 5.865% | Sep 2028 | 1.85x | 97% | Current |
| Shops at Boardman | Boardman, OH | Retail | $37.2M | 4.681% | Jun 2027 | 1.53x | 100% | Current |
| Village at Jordan Creek Shopping Center | West Des Moines, IA | Retail | $36.2M | 3.677% | Oct 2031 | 2.78x | 93% | Current |
| Best Buy - Sherman Oaks | Sherman Oaks, CA | Retail | $32.3M | 4.751% | May 2028 | 1.72x | 100% | Current |
| Marketplace Beaumont | Beaumont, CA | Retail | $31.8M | 5.84% | Dec 2030 | 1.72x | 96% | Current |
| Plaza Pacoima | Pacoima, CA | Retail | $31.2M | 3.502% | Nov 2029 | 2.97x | 100% | Current |
| Clovis Commons | Clovis, CA | Retail | $29.3M | 5.00% | Nov 2028 | 1.90x | 99% | Current |
| Western Retail Center | Sioux Falls, SD | Retail | $27.3M | 3.50% | Jan 2032 | 2.45x | 98% | Current |
| Waterside Marketplace | Chesterfield, MI | Retail | $25.8M | 6.21% | Nov 2029 | 2.34x | 93% | Current |
| Richland Town Center | Johnstown, PA | Retail | $24.9M | 6.688% | Apr 2034 | 1.53x | 100% | Current |
| Stirling Bossier Shopping Center | Bossier City, LA | Retail | $24.2M | 4.69% | Sep 2028 | 1.87x | 97% | Current |
| Forum at Grandview | Madison, MS | Retail | $22.6M | 4.60% | Sep 2029 | n/a | n/a | Current |
| Village Crossroads | Lady Lake, FL | Retail | $22.6M | 5.98% | Jul 2032 | 1.52x | 85% | Current |
| University Commons | Burlington, NC | Retail | $21.8M | 7.95% | Jan 2029 | n/a | n/a | Current |
| Newpark Town Center | Park City, UT | Mixed use | $21.4M | 3.17% | Oct 2030 | n/a | n/a | Current |
| Bird Creek Crossing | Temple, TX | Retail | $21.0M | 3.99% | Sep 2029 | 2.29x | 100% | Current |
| Waterstone Center | Cincinnati, OH | Retail | $20.9M | 7.34% | Oct 2028 | 1.66x | 98% | Current |
| Irving Market Center | Irving, TX | Retail | $20.9M | 4.652% | Apr 2029 | 1.84x | 99% | Current |
| Centre at Westbank | Harvey, LA | Retail | $18.7M | 5.00% | Apr 2027 | 1.78x | 98% | Current |
| Everett Village | Everett, WA | Retail | $16.4M | 4.53% | Jan 2028 | 1.85x | 100% | Current |
| 300 Commons Way | Bridgewater, NJ | Retail | $16.0M | 3.35% | Sep 2029 | 3.88x | 100% | Current |
| The Shoppes at Southside | Jacksonville, FL | Retail | $16.0M | 4.15% | Oct 2029 | 2.06x | 98% | Current |
| Parkway Centre North | Grove City, OH | Retail | $15.8M | 4.701% | Jul 2028 | 2.03x | 100% | Current |
| Fairlane Meadows | Dearborn, MI | Retail | $14.7M | 4.15% | Jun 2027 | 2.15x | 99% | Current |
| River Valley Shopping Center | McAllen, TX | Retail | $14.7M | 4.10% | Aug 2029 | 2.77x | 98% | Current |
| Montclair East | Montclair, CA | Retail | $13.8M | 5.12% | Jul 2028 | 1.21x | 74% | Current |
| Lexington Pavilion | Lexington, SC | Retail | $12.9M | 4.54% | Mar 2029 | 1.93x | 98% | Current |
| Apple Glen Crossing | Fort Wayne, IN | Retail | $12.2M | 4.336% | Feb 2029 | 2.28x | 96% | Current |
| Downers Park Plaza | Downers Grove, IL | Retail | $10.8M | 4.159% | Mar 2032 | 1.74x | 91% | Current |
| Lonestar Pavilion | College Station, TX | Retail | $10.7M | 6.47% | Nov 2032 | 2.52x | 100% | Current |
| Shiloh Crossing | Avon, IN | Retail | $10.4M | 4.774% | May 2027 | 1.67x | 100% | Current |
| West Carmel Marketplace | Carmel, IN | Retail | $9.8M | 4.66% | Jan 2028 | 1.77x | 100% | Current |
| The Commons, Salisbury | Salisbury, MD | Retail | $9.4M | 6.301% | Feb 2036 | n/a | n/a | Current |
| Grand Teton Plaza | Idaho Falls, ID | Retail | $8.4M | 3.358% | Jul 2031 | 2.66x | 72% | Current |
| Best Buy - Braintree | Braintree, MA | Retail | $6.6M | 4.82% | Jan 2027 | 2.93x | 100% | Current |
| Best Buy - Fort Lauderdale | Fort Lauderdale, FL | Retail | $4.5M | 4.51% | Jan 2027 | 2.91x | 100% | Current |
Where Best Buy is the largest tenant: lease end dates
| Property | Lease ends | Loan matures | Balance |
|---|---|---|---|
| Newpark Town Center | Mar 2025 | Oct 2030 | $21.4M |
| Nut Tree Plaza | Jan 2027 | May 2032 | $84.0M |
| Irving Market Center | Jan 2027 | Apr 2029 | $20.9M |
| Centre at Westbank | Jan 2027 | Apr 2027 | $18.7M |
| Waterstone Center | Jul 2027 | Oct 2028 | $20.9M |
| Best Buy - Sherman Oaks | Jan 2028 | May 2028 | $32.3M |
| Lexington Pavilion | Jan 2028 | Mar 2029 | $12.9M |
| Landstown Commons | Mar 2028 | Feb 2036 | $73.4M |
| Shadow Mountain Marketplace | Mar 2028 | Feb 2029 | $46.0M |
| Bird Creek Crossing | Mar 2028 | Sep 2029 | $21.0M |
| Fairlane Meadows | Mar 2028 | Jun 2027 | $14.7M |
| 300 Commons Way | Feb 2029 | Sep 2029 | $16.0M |
| Clovis Commons | Mar 2029 | Nov 2028 | $29.3M |
| Waterside Marketplace | Mar 2029 | Nov 2029 | $25.8M |
| Everett Village | Mar 2029 | Jan 2028 | $16.4M |
| River Valley Shopping Center | Mar 2029 | Aug 2029 | $14.7M |
| McCarthy Ranch | Jan 2030 | Feb 2030 | $45.0M |
| Best Buy - Braintree | Jan 2030 | Jan 2027 | $6.6M |
| The Shoppes at Southside | Mar 2030 | Oct 2029 | $16.0M |
| Orangefair Marketplace | Mar 2031 | Sep 2028 | $39.9M |
| Sacramento Gateway | Mar 2032 | Oct 2029 | $61.5M |
| Best Buy - Fort Lauderdale | Mar 2032 | Jan 2027 | $4.5M |
| Village at Jordan Creek Shopping Center | Mar 2036 | Oct 2031 | $36.2M |
| Shiloh Crossing | Mar 2037 | May 2027 | $10.4M |
Red: the lease ends before the loan matures, the rollover a refinancing lender will look at hardest.
Filed names grouped here: BEST BUY; BEST BUY STORES LP; Best Buy; Best Buy Inc.; Best Buy Stores; Best Buy Stores L.P.; Best Buy Stores, L.P.; Best Buy Stores, LP. From each trust's ABS-EE filing (largest, second and third largest tenant fields). Pro will alert you when any of these loans changes.