Tenant exposure
Federal Express in CMBS
The trusts' filings name Federal Express among the three largest tenants at properties securing 7 public CMBS loans with $98.3M outstanding. It is the largest tenant at 4 of them. None of those loans is delinquent or with a special servicer.
Every loan
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| 201 West 72nd Street | New York, NY | Retail | $25.6M | 6.86% | Jun 2034 | 1.83x | 100% | Current |
| Fedex Ground - Durham | Durham, NC | Industrial | $22.5M | 4.07% | Aug 2027 | 2.93x | 100% | Current |
| Foothills Park Place Shopping Center | Phoenix, AZ | Retail | $20.0M | 7.365% | Apr 2035 | 2.18x | 100% | Current |
| Fedex Freight Zion | Zion, IL | Industrial | $11.2M | 4.47% | Jul 2027 | 1.20x | 100% | Current |
| Norwood Business Park | Sacramento, CA | Industrial | $9.3M | 2.845% | Dec 2031 | 3.35x | 92% | Current |
| Frederick Avenue Shopping Center | Gaithersburg, MD | Retail | $5.5M | 4.35% | Jun 2029 | 1.88x | 67% | Current |
| Fed Ex Mt. Pleasant | Mount Pleasant, PA | Industrial | $4.2M | 4.183% | Jul 2030 | 2.74x | 100% | Current |
Where Federal Express is the largest tenant: lease end dates
| Property | Lease ends | Loan matures | Balance |
|---|---|---|---|
| Fedex Freight Zion | Jan 2027 | Jul 2027 | $11.2M |
| Norwood Business Park | Mar 2028 | Dec 2031 | $9.3M |
| Fedex Ground - Durham | Mar 2032 | Aug 2027 | $22.5M |
| Fed Ex Mt. Pleasant | May 2040 | Jul 2030 | $4.2M |
Red: the lease ends before the loan matures, the rollover a refinancing lender will look at hardest.
Filed names grouped here: Federal Express. From each trust's ABS-EE filing (largest, second and third largest tenant fields). Pro will alert you when any of these loans changes.