Tenant exposure
Nike in CMBS
The trusts' filings name Nike among the three largest tenants at properties securing 9 public CMBS loans with $502.4M 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 |
|---|---|---|---|---|---|---|---|---|
| Pleasant Prairie Premium Outlets | Pleasant Prairie, WI | Retail | $145.0M | 3.995% | Sep 2027 | 3.07x | 88% | Current |
| Silver Sands Premium Outlets | Miramar Beach, FL | Retail | $140.0M | 3.959% | Mar 2032 | 3.51x | 78% | Current |
| Tanger Outlets Columbus | Sunbury, OH | Retail | $71.0M | 6.252% | Oct 2032 | 2.23x | 98% | Current |
| Norfolk Premium Outlets | Norfolk, VA | Retail | $48.1M | 4.50% | Apr 2032 | 2.29x | 87% | Current |
| Outlets at the Dells | Baraboo, WI | Retail | $36.7M | 7.07% | Apr 2034 | 1.61x | 97% | Current |
| Lincoln City Outlet Center | Lincoln City, OR | Retail | $23.2M | 7.15% | Mar 2034 | 1.93x | 79% | Current |
| Promenade at West End Phase II | Lubbock, TX | Retail | $18.8M | 4.726% | Oct 2027 | 1.11x | 82% | Current |
| 8700-8714 Santa Monica Boulevard | West Hollywood, CA | Mixed use | $14.0M | 5.08% | Jan 2027 | 2.56x | 86% | Current |
| Nike East LA | East Los Angeles, CA | Retail | $5.6M | 4.80% | Feb 2029 | 2.11x | 100% | Current |
Where Nike is the largest tenant: lease end dates
| Property | Lease ends | Loan matures | Balance |
|---|---|---|---|
| Pleasant Prairie Premium Outlets | Jan 2028 | Sep 2027 | $145.0M |
| Promenade at West End Phase II | Jan 2028 | Oct 2027 | $18.8M |
| 8700-8714 Santa Monica Boulevard | Jun 2030 | Jan 2027 | $14.0M |
| Nike East LA | Oct 2031 | Feb 2029 | $5.6M |
Red: the lease ends before the loan matures, the rollover a refinancing lender will look at hardest.
Filed names grouped here: Nike. From each trust's ABS-EE filing (largest, second and third largest tenant fields). Pro will alert you when any of these loans changes.