Tenant exposure
Pick 'N Save in CMBS
The trusts' filings name Pick 'N Save among the three largest tenants at properties securing 3 public CMBS loans with $20.6M outstanding. It is the largest tenant at 3 of them. None of those loans is delinquent or with a special servicer.
Every loan
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Pick 'n Save | Mount Pleasant, WI | Retail | $7.1M | 7.487% | Mar 2035 | n/a | n/a | Current |
| Pick N Save Appleton WI | Appleton, WI | Retail | $6.8M | 4.68% | Jan 2028 | 1.47x | 100% | Current |
| Oshkosh Center II | Oshkosh, WI | Retail | $6.6M | 4.95% | Aug 2028 | 1.83x | 95% | Current |
Where Pick 'N Save is the largest tenant: lease end dates
| Property | Lease ends | Loan matures | Balance |
|---|---|---|---|
| Pick N Save Appleton WI | Dec 2029 | Jan 2028 | $6.8M |
| Oshkosh Center II | Dec 2031 | Aug 2028 | $6.6M |
| Pick 'n Save | Dec 2034 | Mar 2035 | $7.1M |
Red: the lease ends before the loan matures, the rollover a refinancing lender will look at hardest.
Filed names grouped here: Pick 'N Save; Pick 'n Save. From each trust's ABS-EE filing (largest, second and third largest tenant fields). Pro will alert you when any of these loans changes.