Tenant exposure
Staples in CMBS
The trusts' filings name Staples among the three largest tenants at properties securing 20 public CMBS loans with $459.9M 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 |
|---|---|---|---|---|---|---|---|---|
| Staples HQ | Framingham, MA | Office | $90.0M | 3.11% | Feb 2030 | 5.08x | 100% | Current |
| Hackensack Commons | Hackensack, NJ | Retail | $66.4M | 4.355% | Mar 2028 | 2.54x | 100% | Current |
| Brighton Towne Square | Brighton, MI | Mixed use | $40.0M | 5.906% | Jun 2032 | 1.34x | 100% | Current |
| Potomac Festival I | Woodbridge, VA | Retail | $40.0M | 5.316% | Aug 2032 | 2.28x | 99% | Current |
| One Washington | Boston, MA | Office | $38.0M | 7.389% | Jun 2031 | n/a | n/a | Current |
| Westgate Shopping Center, Ann Arbor | Ann Arbor, MI | Retail | $23.0M | 6.795% | Oct 2030 | 1.49x | 100% | Current |
| Grand Traverse Crossing | Traverse City, MI | Retail | $22.0M | 4.86% | Jun 2029 | 1.68x | 99% | Current |
| Market Centre | Goshen, IN | Retail | $20.3M | 6.626% | Dec 2034 | 2.04x | 88% | Current |
| Depot Marketplace | Prescott, AZ | Retail | $19.0M | 6.321% | Oct 2035 | n/a | n/a | Current |
| South Towne Plaza | Indiana, PA | Retail | $15.0M | 5.151% | Jan 2027 | 1.27x | 97% | Current |
| Gene Autry Plaza | Palm Springs, CA | Retail | $13.0M | 3.99% | Oct 2026 | 2.00x | n/a | Current |
| Baytowne Shoppes and Square | Champaign, IL | Retail | $11.5M | 6.97% | Sep 2033 | 1.55x | 89% | Current |
| Old Seward | Anchorage, AK | Industrial | $9.6M | 5.971% | Sep 2030 | n/a | n/a | Current |
| Tarpon Square | Tarpon Springs, FL | Retail | $9.1M | 4.658% | Jul 2028 | 1.33x | 74% | Current |
| Crossroads Plaza | Adrian, MI | Retail | $8.4M | 6.90% | Aug 2034 | 1.78x | 74% | Current |
| 2222-2226 Cleveland Avenue | Santa Rosa, CA | Retail | $7.5M | 3.863% | Jan 2028 | 2.99x | 100% | Current |
| Dunia Plaza | Victorville, CA | Retail | $7.4M | 4.54% | Nov 2026 | 1.51x | 100% | Current |
| Church Ranch II | Westminster, CO | Office | $7.1M | 5.41% | Dec 2028 | 1.26x | 100% | Current |
| Old Kings Commons | Palm Coast, FL | Retail | $6.6M | 4.94% | May 2028 | 1.74x | 99% | Current |
| Neilson Square | Enid, OK | Retail | $5.9M | 4.87% | Feb 2027 | n/a | n/a | Current |
Where Staples is the largest tenant: lease end dates
| Property | Lease ends | Loan matures | Balance |
|---|---|---|---|
| Old Seward | Feb 2028 | Sep 2030 | $9.6M |
| Tarpon Square | Jul 2028 | Jul 2028 | $9.1M |
| Neilson Square | Apr 2037 | Feb 2027 | $5.9M |
| Staples HQ | Mar 2045 | Feb 2030 | $90.0M |
Red: the lease ends before the loan matures, the rollover a refinancing lender will look at hardest.
Filed names grouped here: STAPLES; STAPLES, INC; Staples. From each trust's ABS-EE filing (largest, second and third largest tenant fields). Pro will alert you when any of these loans changes.