Tenant exposure
GSA (U.S. General Services Administration) in CMBS
The trusts' filings name GSA (U.S. General Services Administration) among the three largest tenants at properties securing 27 public CMBS loans with $1.2B outstanding. It is the largest tenant at 13 of them. None of those loans is delinquent or with a special servicer.
Every loan
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Constitution Center | Washington, DC | Office | $368.0M | 3.049% | Mar 2032 | 1.65x | 100% | Current |
| 123 William Street | New York, NY | Office | $140.0M | 4.666% | Mar 2027 | 1.45x | n/a | Current |
| 425 Eye Street | Washington, DC | Office | $102.2M | 1.00% | Jan 2029 | 3.57x | 77% | Current |
| Sunroad Centrum | San Diego, CA | Office | $82.5M | 7.912% | May 2029 | 1.26x | 100% | Current |
| Two Penn Center | Philadelphia, PA | Office | $67.9M | 3.268% | Apr 2031 | 2.07x | 74% | Current |
| Commonwealth Centre | Chantilly, VA | Office | $49.0M | 3.986% | May 2028 | 3.25x | 100% | Current |
| Havenwood Office Park | Spring, TX | Office | $42.9M | 3.55% | Aug 2031 | 2.11x | 82% | Current |
| The Galleria | Metairie, LA | Office | $42.0M | 4.25% | Jun 2028 | 3.52x | 87% | Current |
| Lexington | Orlando, FL | Office | $34.5M | 5.52% | Jan 2027 | 2.29x | 87% | Current |
| 3300 75th Avenue | Landover, MD | Industrial | $30.7M | 7.21% | Jun 2033 | n/a | n/a | Current |
| Alexandria Corporate Park | Alexandria, VA | Industrial | $29.7M | 5.90% | Jun 2027 | 1.27x | 92% | Current |
| Connecticut Financial Center | New Haven, CT | Office | $28.2M | 4.797% | Feb 2027 | 2.02x | 75% | Current |
| 211 West Fort Street | Detroit, MI | Office | $27.0M | 7.254% | Aug 2031 | n/a | n/a | Current |
| 22330 Glenn Drive | Sterling, VA | Office | $26.3M | 8.139% | Jul 2028 | 1.34x | 100% | Current |
| Baypoint Commerce Center | St. Petersburg, FL | Office | $21.8M | 4.733% | Apr 2027 | 1.45x | 72% | Current |
| Marnell Corporate Center | Las Vegas, NV | Office | $19.0M | 4.84% | Apr 2028 | 1.37x | 93% | Current |
| Plaza at Eastlake | Chula Vista, CA | Office | $17.7M | 6.532% | Dec 2029 | 2.74x | 93% | Current |
| Waterside Center 3110 | Ontario, CA | Office | $14.5M | 3.772% | Dec 2029 | 1.42x | 87% | Current |
| Woodfield Financial Center | Schaumburg, IL | Office | $13.4M | 3.67% | Jun 2031 | 0.88x | 52% | Current |
| 3636 North Central Avenue | Phoenix, AZ | Office | $12.5M | 4.74% | Jun 2029 | -0.02x | 52% | Current |
| Waterside Center 3200 | Ontario, CA | Office | $11.2M | 3.772% | Dec 2029 | 2.17x | 94% | Current |
| 325 West Side Avenue | Jersey City, NJ | Office | $9.0M | 7.95% | Sep 2028 | 1.78x | 100% | Current |
| GDR Manassas | Manassas, VA | Office | $8.5M | 3.80% | Mar 2030 | 2.38x | 94% | Current |
| 170 North High Street | Columbus, OH | Office | $8.3M | 4.56% | Dec 2030 | 1.67x | 91% | Current |
| Gateway Tower, Kansas City | Kansas City, KS | Office | $7.5M | 4.284% | Jan 2030 | 2.05x | 92% | Current |
| 51 Haddonfield | Cherry Hill, NJ | Office | $5.5M | 6.961% | Aug 2029 | 1.79x | 88% | Current |
| 2200 Route 10 | Morris Plains, NJ | Office | $4.6M | 7.43% | Dec 2029 | 1.81x | 91% | Current |
Where GSA (U.S. General Services Administration) is the largest tenant: lease end dates
| Property | Lease ends | Loan matures | Balance |
|---|---|---|---|
| 170 North High Street | Apr 2025 | Dec 2030 | $8.3M |
| 211 West Fort Street | Sep 2026 | Aug 2031 | $27.0M |
| 325 West Side Avenue | Mar 2027 | Sep 2028 | $9.0M |
| Baypoint Commerce Center | Nov 2027 | Apr 2027 | $21.8M |
| Two Penn Center | May 2029 | Apr 2031 | $67.9M |
| Alexandria Corporate Park | Apr 2030 | Jun 2027 | $29.7M |
| 22330 Glenn Drive | Aug 2031 | Jul 2028 | $26.3M |
| 3636 North Central Avenue | Aug 2033 | Jun 2029 | $12.5M |
| Woodfield Financial Center | Apr 2034 | Jun 2031 | $13.4M |
| Havenwood Office Park | Jun 2036 | Aug 2031 | $42.9M |
| 425 Eye Street | Aug 2037 | Jan 2029 | $102.2M |
| Sunroad Centrum | Jun 2039 | May 2029 | $82.5M |
| 3300 75th Avenue | Aug 2039 | Jun 2033 | $30.7M |
Red: the lease ends before the loan matures, the rollover a refinancing lender will look at hardest.
Filed names grouped here: GSA; General Services Administration; General Services Administration-; USA GSA; USA General Services Administration. From each trust's ABS-EE filing (largest, second and third largest tenant fields). Pro will alert you when any of these loans changes.