Tenant exposure
Marshalls in CMBS
The trusts' filings name Marshalls among the three largest tenants at properties securing 51 public CMBS loans with $1.5B outstanding. It is the largest tenant at 21 of them. 1 of those loans (4.2% of the balance) is delinquent or with a special servicer.
Every loan
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Showcase I | Las Vegas, NV | Retail | $169.5M | 6.36% | Jul 2029 | 1.18x | 99% | Current |
| Gateway Center South | Brooklyn, NY | Retail | $162.5M | 6.873% | Jun 2028 | 1.69x | 98% | Current |
| Ellsworth Place | Silver Spring, MD | Retail | $64.5M | 5.01% | Aug 2028 | 1.31x | 91% | With the special servicer and 90+ days delinquent |
| Bay Harbour | Lawrence, NY | Retail | $62.0M | 6.66% | May 2030 | 1.63x | 99% | Current |
| Promenade Shops at Aventura | Aventura, FL | Retail | $59.2M | 4.669% | Feb 2028 | 1.47x | 99% | Current |
| Shops at Marble Hill | Bronx, NY | Mixed use | $53.8M | 7.185% | Mar 2029 | 1.62x | 100% | Current |
| Plaza at Imperial Valley | El Centro, CA | Retail | $49.5M | 3.75% | Sep 2031 | 3.28x | 95% | Current |
| Shops at Dakota Crossing | Washington, DC | Retail | $46.0M | 4.86% | Apr 2032 | 1.53x | 100% | Current |
| Pavilion at Port Orange | Port Orange, FL | Retail | $43.0M | 5.933% | Oct 2030 | 2.40x | 94% | Current |
| Orangefair Marketplace | Fullerton, CA | Retail | $39.9M | 5.865% | Sep 2028 | 1.85x | 97% | Current |
| Steelyard Commons | Cleveland, OH | Retail | $39.6M | 4.855% | Apr 2028 | 2.24x | 84% | Current |
| Hamilton Commons | Mays Landing, NJ | Retail | $39.0M | 3.20% | Mar 2030 | 3.25x | 88% | Current |
| Market Center at Aliana | Richmond, TX | Retail | $37.0M | 7.03% | Oct 2028 | 1.29x | 95% | Current |
| Brickyard Square | Epping, NH | Retail | $36.5M | 6.87% | Jun 2030 | 0.80x | 82% | Current |
| Santan Village Marketplace | Gilbert, AZ | Retail | $33.5M | 4.282% | Jun 2028 | 3.17x | 72% | Current |
| Merritt Creek Farm | Barboursville, WV | Retail | $30.0M | 6.415% | Oct 2035 | n/a | n/a | Current |
| Lake Mead Crossing | Henderson, NV | Retail | $28.0M | 6.71% | Dec 2030 | 1.36x | 98% | Current |
| Shoppes at Bedford | Bedford, NH | Retail | $28.0M | 6.80% | Feb 2035 | 1.76x | 98% | Current |
| Rockland Center | Nanuet, NY | Retail | $27.0M | 3.278% | May 2031 | 5.63x | 99% | Current |
| Triangle Center, Longview | Longview, WA | Retail | $25.7M | 4.69% | Oct 2028 | 1.81x | 91% | Current |
| Gwinnett Marketfair | Duluth, GA | Retail | $25.4M | 6.968% | Sep 2033 | 1.41x | 92% | Current |
| Sparks Galleria | Sparks, NV | Retail | $23.5M | 3.13% | Oct 2029 | n/a | n/a | Current |
| Ingram Festival Shopping Center | San Antonio, TX | Retail | $23.1M | 4.544% | Jan 2028 | 1.65x | 100% | Current |
| Blackmore Marketplace | Casper, WY | Retail | $20.9M | 4.048% | Aug 2029 | 1.87x | 97% | Current |
| Millennium Park | Livonia, MI | Retail | $20.9M | 4.70% | Apr 2029 | 1.50x | 99% | Current |
| Yuba City Marketplace | Yuba City, CA | Retail | $20.0M | 4.765% | May 2032 | 2.01x | 96% | Current |
| Chicopee Marketplace | Chicopee, MA | Retail | $19.8M | 4.627% | Oct 2028 | 2.85x | 75% | Current |
| Crystal Center | Crystal, MN | Retail | $19.1M | 4.90% | Aug 2028 | 2.56x | 97% | Current |
| The Market at Czech Hall | Yukon, OK | Retail | $18.8M | 4.86% | Jun 2028 | 1.57x | 100% | Current |
| Sierra Vista Shopping Center | Albuquerque, NM | Retail | $18.5M | 6.30% | Jul 2030 | 1.47x | 94% | Current |
| Temple Towne Center | Temple, TX | Retail | $17.9M | 5.847% | Oct 2028 | 1.81x | 94% | Current |
| Roseburg Valley Marketplace | Roseburg, OR | Retail | $17.5M | 3.514% | Feb 2030 | 2.07x | 91% | Current |
| Houma Shopping Center | Houma, LA | Retail | $17.0M | 7.55% | Dec 2029 | 1.54x | 98% | Current |
| Northwoods Center | Wesley Chapel, FL | Retail | $15.8M | 4.41% | Sep 2027 | 1.97x | 100% | Current |
| Conejo Valley Plaza | Thousand Oaks, CA | Retail | $15.7M | 5.03% | Mar 2029 | 1.69x | 100% | Current |
| Shoppes at Westown | Middletown, DE | Retail | $14.8M | 6.81% | Jul 2031 | n/a | n/a | Current |
| Summit Heights Gateway | Fontana, CA | Retail | $14.4M | 4.84% | Nov 2028 | 2.16x | 98% | Current |
| Capitol Square | San Jose, CA | Retail | $13.4M | 2.862% | Dec 2031 | 5.43x | 93% | Current |
| 1609 Avenue Y | Brooklyn, NY | Retail | $12.5M | 3.75% | Aug 2029 | n/a | n/a | Current |
| Mercury Plaza | Hampton, VA | Retail | $12.5M | 3.06% | Dec 2030 | n/a | n/a | Current |
| Rock River Plaza | Moline, IL | Retail | $12.0M | 5.16% | May 2031 | n/a | n/a | Current |
| The Grove | Hoover, AL | Retail | $12.0M | 7.05% | Dec 2032 | n/a | n/a | Current |
| Century Town Center | Vero Beach, FL | Retail | $11.4M | 5.018% | Nov 2028 | 2.22x | 100% | Current |
| Laguna Seca | Las Cruces, NM | Retail | $11.0M | 4.015% | Jun 2027 | 3.65x | 100% | Current |
| Willow Creek | Canton Township, MI | Retail | $10.9M | 6.18% | Mar 2035 | 2.26x | 95% | Current |
| West Carmel Marketplace | Carmel, IN | Retail | $9.8M | 4.66% | Jan 2028 | 1.77x | 100% | Current |
| River Oaks Shopping Center | Camden, SC | Retail | $7.7M | 4.02% | Mar 2030 | 1.78x | 98% | Current |
| Campbell Station - TN | Spring Hill, TN | Retail | $7.7M | 4.63% | Jul 2027 | 1.44x | 100% | Current |
| The Shoppes at Mid-City | New Orleans, LA | Retail | $7.7M | 4.73% | Jul 2027 | 1.26x | 100% | Current |
| Lincoln Center | Lincolnton, NC | Retail | $6.4M | 4.65% | Nov 2029 | 1.65x | 93% | Current |
| Wisconsin Rapids Retail | Wisconsin Rapids, WI | Retail | $3.3M | 6.02% | Sep 2035 | n/a | n/a | Current |
Where Marshalls is the largest tenant: lease end dates
| Property | Lease ends | Loan matures | Balance |
|---|---|---|---|
| The Shoppes at Mid-City | Oct 2026 | Jul 2027 | $7.7M |
| Conejo Valley Plaza | Mar 2027 | Mar 2029 | $15.7M |
| Steelyard Commons | May 2027 | Apr 2028 | $39.6M |
| Brickyard Square | Jan 2028 | Jun 2030 | $36.5M |
| Century Town Center | Aug 2028 | Nov 2028 | $11.4M |
| The Grove | Nov 2028 | Dec 2032 | $12.0M |
| Shops at Marble Hill | Jul 2029 | Mar 2029 | $53.8M |
| Houma Shopping Center | Oct 2029 | Dec 2029 | $17.0M |
| Lincoln Center | Nov 2029 | Nov 2029 | $6.4M |
| Shoppes at Westown | Nov 2030 | Jul 2031 | $14.8M |
| 1609 Avenue Y | Aug 2032 | Aug 2029 | $12.5M |
| Northwoods Center | Jul 2033 | Sep 2027 | $15.8M |
| Promenade Shops at Aventura | Jan 2034 | Feb 2028 | $59.2M |
| Wisconsin Rapids Retail | Apr 2034 | Sep 2035 | $3.3M |
| Rockland Center | Feb 2035 | May 2031 | $27.0M |
| Santan Village Marketplace | Aug 2035 | Jun 2028 | $33.5M |
| Chicopee Marketplace | Sep 2035 | Oct 2028 | $19.8M |
| Campbell Station - TN | Nov 2035 | Jul 2027 | $7.7M |
| West Carmel Marketplace | Oct 2036 | Jan 2028 | $9.8M |
| Yuba City Marketplace | Jan 2037 | May 2032 | $20.0M |
Red: the lease ends before the loan matures, the rollover a refinancing lender will look at hardest.
Filed names grouped here: MARSHALLS; Marshall's; Marshalls. From each trust's ABS-EE filing (largest, second and third largest tenant fields). Pro will alert you when any of these loans changes.