Tenant exposure
Google in CMBS
The trusts' filings name Google among the three largest tenants at properties securing 10 public CMBS loans with $1.1B outstanding. It is the largest tenant at 9 of them. 2 of those loans (18.0% of the balance) are delinquent or with a special servicer.
Every loan
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Moffett Gateway | Sunnyvale, CA | Office | $173.4M | 3.319% | Apr 2027 | 2.42x | 98% | Current |
| Moffett Place Google | Sunnyvale, CA | Office | $171.3M | 4.55% | Jan 2027 | 1.40x | 100% | Current |
| 620 National | Mountain View, CA | Office | $137.9M | 3.688% | Sep 2029 | 2.08x | 100% | Current |
| Moffett Place - Building 6 | Sunnyvale, CA | Office | $132.6M | 3.369% | Aug 2030 | n/a | n/a | Current |
| Moffett Place b4 | Sunnyvale, CA | Office | $117.7M | 3.637% | Aug 2027 | 2.41x | 100% | Current |
| The Colonnade Office Complex | Addison, TX | Office | $105.0M | 4.568% | Feb 2024 | n/a | n/a | Past maturity and not performing |
| 85 Tenth Avenue | New York, NY | Mixed use | $100.0M | 3.821% | Dec 2026 | 1.91x | 89% | With the special servicer |
| Google Kirkland Campus Phase II | Kirkland, WA | Office | $72.5M | 3.674% | Nov 2026 | 4.00x | n/a | Current |
| Google Kirkland Campus Phase I | Kirkland, WA | Office | $65.0M | 4.85% | Dec 2028 | n/a | n/a | Current |
| 1001 North Shoreline Boulevard | Mountain View, CA | Office | $64.5M | 3.465% | Apr 2028 | 3.61x | 100% | Current |
Where Google is the largest tenant: lease end dates
| Property | Lease ends | Loan matures | Balance |
|---|---|---|---|
| Moffett Place b4 | Nov 2028 | Aug 2027 | $117.7M |
| Moffett Place - Building 6 | Jan 2029 | Aug 2030 | $132.6M |
| Google Kirkland Campus Phase II | Jan 2029 | Nov 2026 | $72.5M |
| 620 National | May 2029 | Sep 2029 | $137.9M |
| 1001 North Shoreline Boulevard | Mar 2030 | Apr 2028 | $64.5M |
| Google Kirkland Campus Phase I | Jan 2031 | Dec 2028 | $65.0M |
| 85 Tenth Avenue | Feb 2034 | Dec 2026 | $100.0M |
| Moffett Gateway | Mar 2034 | Apr 2027 | $173.4M |
| Moffett Place Google | Nov 2035 | Jan 2027 | $171.3M |
Red: the lease ends before the loan matures, the rollover a refinancing lender will look at hardest.
Filed names grouped here: GOOGLE; GOOGLE, INC; Google; Google Inc; Google Inc.; Google LLC; Google, LLC. From each trust's ABS-EE filing (largest, second and third largest tenant fields). Pro will alert you when any of these loans changes.