Tenant exposure
Office Depot in CMBS
The trusts' filings name Office Depot among the three largest tenants at properties securing 29 public CMBS loans with $419.9M outstanding. It is the largest tenant at 5 of them. None of those loans is delinquent or with a special servicer.
Every loan
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| West Bountiful Commons | West Bountiful, UT | Retail | $34.8M | 3.84% | Nov 2029 | 2.03x | 67% | Current |
| The Plaza at Gator Hole | North Myrtle Beach, SC | Retail | $31.0M | 4.605% | Nov 2028 | 2.14x | 97% | Current |
| Doral Plaza | Doral, FL | Retail | $24.9M | 4.529% | Jan 2028 | 1.85x | 95% | Current |
| Quail Creek Crossing | Wichita Falls, TX | Retail | $21.8M | 6.745% | Oct 2030 | n/a | n/a | Current |
| Palmilla Center | Avondale, AZ | Retail | $19.9M | 6.216% | Dec 2030 | n/a | n/a | Current |
| Owasso Market | Owasso, OK | Retail | $18.8M | 5.31% | Aug 2028 | 2.29x | 100% | Late, less than 30 days |
| Pablo Creek Plaza - FL | Jacksonville, FL | Retail | $18.4M | 4.605% | Jul 2028 | 3.13x | 97% | Current |
| Rooney Ranch | Oro Valley, AZ | Retail | $18.1M | 5.374% | Aug 2032 | 1.87x | 98% | Current |
| East West Commons | Austell, GA | Retail | $18.0M | 6.17% | Aug 2034 | 1.59x | 98% | Current |
| Cornerstone Marketplace | Hot Springs, AR | Retail | $14.0M | 6.797% | May 2033 | 1.80x | 100% | Current |
| Clinton Valley Shopping Center | Sterling Heights, MI | Retail | $13.5M | 4.335% | Jul 2028 | 3.03x | 91% | Current |
| Market at Hilliard | Hilliard, OH | Retail | $13.5M | 4.699% | Dec 2026 | 1.64x | 100% | Current |
| Town & Country Plaza | Hammond, LA | Retail | $13.4M | 7.54% | Jul 2029 | 1.76x | 82% | Current |
| Perrysburg Market Center | Perrysburg, OH | Retail | $13.3M | 6.81% | Jun 2031 | n/a | n/a | Current |
| Orchard Market Place | Vancouver, WA | Retail | $12.5M | 3.15% | Oct 2031 | 3.84x | 73% | Current |
| TJ Maxx Centre | Fargo, ND | Retail | $12.3M | 7.62% | Sep 2028 | 1.59x | 83% | Current |
| Dunes Plaza | Michigan City, IN | Retail | $12.2M | 4.45% | Aug 2027 | 1.73x | 92% | Current |
| Shoppes at New Tampa | Wesley Chapel, FL | Retail | $11.7M | 4.88% | Apr 2027 | 1.89x | 100% | Current |
| The Market on Cherry Road | Rock Hill, SC | Retail | $11.7M | 6.68% | Sep 2030 | 1.92x | 100% | Current |
| Citrus Center | Inverness, FL | Retail | $11.1M | 7.01% | Apr 2029 | 2.09x | 98% | Current |
| Bluebonnet Village | Baton Rouge, LA | Retail | $10.9M | 4.25% | Sep 2029 | 1.95x | 93% | Current |
| Lonestar Pavilion | College Station, TX | Retail | $10.7M | 6.47% | Nov 2032 | 2.52x | 100% | Current |
| Spring Park Plaza | Denham Springs, LA | Retail | $9.6M | 8.093% | Nov 2028 | 1.82x | 100% | Current |
| Green Orchards Shopping Center | Walker, MI | Retail | $9.5M | 4.09% | Dec 2029 | 2.45x | 100% | Current |
| 6851 Veterans Memorial Blvd | Metairie, LA | Retail | $8.2M | 4.448% | May 2027 | 1.66x | 98% | Current |
| The Landings South | Columbus, GA | Retail | $7.3M | 6.57% | Nov 2032 | 2.13x | 74% | Current |
| Pine Island Marketplace | Cape Coral, FL | Retail | $7.3M | 6.11% | Oct 2029 | 2.33x | 100% | Current |
| Rivergate Square | Madison, TN | Retail | $6.0M | 7.213% | Dec 2029 | n/a | n/a | Current |
| Layton Crossing | Layton, UT | Retail | $5.4M | 3.53% | Nov 2031 | 2.62x | 100% | Current |
Where Office Depot is the largest tenant: lease end dates
| Property | Lease ends | Loan matures | Balance |
|---|---|---|---|
| Lonestar Pavilion | Jun 2027 | Nov 2032 | $10.7M |
| Rivergate Square | May 2029 | Dec 2029 | $6.0M |
| Layton Crossing | Dec 2030 | Nov 2031 | $5.4M |
| Shoppes at New Tampa | Oct 2031 | Apr 2027 | $11.7M |
| Palmilla Center | Jan 2032 | Dec 2030 | $19.9M |
Red: the lease ends before the loan matures, the rollover a refinancing lender will look at hardest.
Filed names grouped here: OFFICE DEPOT; Office Depot; Office Max; OfficeMax. From each trust's ABS-EE filing (largest, second and third largest tenant fields). Pro will alert you when any of these loans changes.