Tenant exposure
Shop Rite in CMBS
The trusts' filings name Shop Rite among the three largest tenants at properties securing 4 public CMBS loans with $134.5M 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 |
|---|---|---|---|---|---|---|---|---|
| Columbia Park Shopping Center | North Bergen, NJ | Retail | $53.8M | 4.802% | Jun 2027 | 0.97x | 66% | Current |
| Lakewood Plaza | Lakewood, NJ | Retail | $38.2M | 5.32% | Aug 2028 | 1.97x | 99% | Current |
| Bakers Centre | Philadelphia, PA | Retail | $32.0M | 3.942% | Nov 2027 | 3.06x | 100% | Current |
| Shoprite At Greenport | Hudson, NY | Retail | $10.4M | 5.00% | Apr 2029 | 1.47x | n/a | Current |
Where Shop Rite is the largest tenant: lease end dates
| Property | Lease ends | Loan matures | Balance |
|---|---|---|---|
| Lakewood Plaza | Feb 2030 | Aug 2028 | $38.2M |
| Bakers Centre | Jul 2033 | Nov 2027 | $32.0M |
| Columbia Park Shopping Center | Sep 2034 | Jun 2027 | $53.8M |
| Shoprite At Greenport | Oct 2038 | Apr 2029 | $10.4M |
Red: the lease ends before the loan matures, the rollover a refinancing lender will look at hardest.
Filed names grouped here: Shop Rite; ShopRite INC. From each trust's ABS-EE filing (largest, second and third largest tenant fields). Pro will alert you when any of these loans changes.