Tenant exposure
Target in CMBS
The trusts' filings name Target among the three largest tenants at properties securing 39 public CMBS loans with $3.1B outstanding. It is the largest tenant at 27 of them. None of those loans is delinquent or with a special servicer.
Every loan
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| St. Johns Town Center | Jacksonville, FL | Retail | $360.0M | 5.948% | Jun 2034 | n/a | n/a | Current |
| Christiana Mall | Newark, DE | Retail | $265.7M | 4.277% | Aug 2028 | 1.75x | 97% | Current |
| Bronx Terminal Market | Bronx, NY | Retail | $240.0M | 5.181% | Aug 2029 | 1.16x | 94% | Current |
| Danbury Fair Mall | Danbury, CT | Retail | $155.0M | 6.386% | Feb 2034 | 2.91x | 97% | Current |
| Springfield Town Center | Springfield, VA | Retail | $150.0M | 7.115% | Jul 2030 | 1.56x | 96% | Current |
| Shoppes at Blackstone Valley | Millbury, MA | Retail | $148.9M | 3.844% | Nov 2029 | 1.93x | 96% | Current |
| 255 Greenwich | New York, NY | Office | $147.0M | 6.405% | Dec 2035 | n/a | n/a | Current |
| Pinnacle Hills Promenade | Rogers, AR | Retail | $130.0M | 7.14% | Jan 2030 | 1.80x | 96% | Current |
| Atlantic Terminal | Brooklyn, NY | Retail | $93.0M | 6.77% | Nov 2029 | 1.41x | 91% | Current |
| Plaza La Cienega | Los Angeles, CA | Mixed use | $90.0M | 3.49% | Oct 2031 | n/a | n/a | Current |
| Ceasars Bay Shopping Center | Brooklyn, NY | Retail | $87.5M | 3.015% | Oct 2029 | 4.69x | 100% | Current |
| 510 East 14th Street | New York, NY | Office | $85.0M | 2.92% | Dec 2029 | 4.66x | 96% | Current |
| Mall at Prince George's | Hyattsville, MD | Retail | $84.8M | 7.355% | May 2031 | n/a | n/a | Current |
| Park North | San Antonio, TX | Retail | $83.4M | 5.923% | Jan 2031 | n/a | n/a | Current |
| College Point Shopping Center | College Point, NY | Retail | $70.0M | 3.566% | Jul 2031 | 2.37x | 100% | Current |
| 145 Clinton | New York, NY | Retail | $68.2M | 4.965% | Dec 2028 | 1.54x | 83% | Current |
| The District | South Jordan, UT | Retail | $66.6M | 4.586% | Aug 2027 | n/a | n/a | Current |
| 160-08 Jamaica Avenue | Jamaica, NY | Retail | $64.0M | 3.92% | Jun 2031 | 2.64x | 100% | Current |
| Bay Harbour | Lawrence, NY | Retail | $62.0M | 6.66% | May 2030 | 1.63x | 99% | Current |
| Broadcasting Square | Wyomissing, PA | Retail | $62.0M | 3.16% | Nov 2029 | 4.48x | 97% | Current |
| Gilbert Gateway Towne Center | Gilbert, AZ | Retail | $60.0M | 6.70% | Feb 2036 | 1.21x | 97% | Current |
| 600 Broadway | New York, NY | Mixed use | $58.0M | 5.97% | Jan 2031 | 1.74x | 100% | Current |
| Cape Cod Mall | Hyannis, MA | Retail | $54.0M | 6.455% | Jun 2035 | 2.62x | 90% | Current |
| 10 Union Square East | New York, NY | Retail | $53.5M | 5.59% | Apr 2036 | n/a | n/a | Current |
| The Hollywood Collection | Los Angeles, CA | Retail | $49.7M | 6.68% | Jul 2035 | 1.47x | 68% | Late, less than 30 days |
| Rosemead Place | Rosemead, CA | Retail | $46.0M | 6.581% | Jun 2031 | n/a | n/a | Current |
| Towne Center at Webster | Webster, NY | Retail | $43.0M | 7.335% | Aug 2029 | 1.00x | 98% | Current |
| Rodin Place | Philadelphia, PA | Mixed use | $41.6M | 4.35% | Aug 2027 | 1.55x | 76% | Current |
| Valley Plaza | North Hollywood, CA | Retail | $38.9M | 3.706% | Oct 2031 | 2.99x | 100% | Current |
| Monroe Street Retail | Toledo, OH | Retail | $34.5M | 6.87% | Jan 2034 | 1.47x | 95% | Current |
| La Brea & San Vicente | Los Angeles, CA | Retail | $31.5M | 3.345% | Jul 2031 | 1.99x | 98% | Current |
| Village Square, Woodmere | Woodmere, OH | Retail | $21.0M | 6.447% | Oct 2030 | n/a | n/a | Current |
| Grass Valley Shopping Center | Grass Valley, CA | Retail | $19.0M | 6.245% | Sep 2030 | 1.73x | 100% | Current |
| Valley View Shopping Center, Yorba Linda | Yorba Linda, CA | Retail | $18.3M | 6.43% | Apr 2033 | 1.93x | 100% | Current |
| Target Sayville | Sayville, NY | Other | $13.5M | 6.62% | Sep 2030 | n/a | n/a | Current |
| Capitol Square | San Jose, CA | Retail | $13.4M | 2.862% | Dec 2031 | 5.43x | 93% | Current |
| 401 South La Brea | Los Angeles, CA | Retail | $12.3M | 6.95% | Aug 2029 | 1.86x | 100% | Current |
| River Valley Plaza | Lancaster, OH | Retail | $12.3M | 6.775% | Mar 2031 | n/a | n/a | Current |
| Crossroads Village | Canton, MI | Retail | $12.2M | 4.20% | Apr 2032 | 2.01x | 99% | Current |
Where Target is the largest tenant: lease end dates
| Property | Lease ends | Loan matures | Balance |
|---|---|---|---|
| Rosemead Place | Aug 2027 | Jun 2031 | $46.0M |
| College Point Shopping Center | Dec 2027 | Jul 2031 | $70.0M |
| Shoppes at Blackstone Valley | Jan 2029 | Nov 2029 | $148.9M |
| Park North | Jan 2029 | Jan 2031 | $83.4M |
| 401 South La Brea | Feb 2029 | Aug 2029 | $12.3M |
| River Valley Plaza | Oct 2029 | Mar 2031 | $12.3M |
| Atlantic Terminal | Jan 2030 | Nov 2029 | $93.0M |
| Cape Cod Mall | Jan 2030 | Jun 2035 | $54.0M |
| La Brea & San Vicente | Jan 2030 | Jul 2031 | $31.5M |
| Monroe Street Retail | Jan 2031 | Jan 2034 | $34.5M |
| Capitol Square | Jul 2031 | Dec 2031 | $13.4M |
| Rodin Place | Jan 2032 | Aug 2027 | $41.6M |
| Village Square, Woodmere | Jan 2033 | Oct 2030 | $21.0M |
| Bronx Terminal Market | Oct 2033 | Aug 2029 | $240.0M |
| Valley View Shopping Center, Yorba Linda | Jan 2034 | Apr 2033 | $18.3M |
| Danbury Fair Mall | Jan 2035 | Feb 2034 | $155.0M |
| Christiana Mall | Dec 2036 | Aug 2028 | $265.7M |
| 10 Union Square East | Jan 2038 | Apr 2036 | $53.5M |
| Target Sayville | Jan 2040 | Sep 2030 | $13.5M |
| Valley Plaza | Jan 2041 | Oct 2031 | $38.9M |
| 510 East 14th Street | Jan 2049 | Dec 2029 | $85.0M |
| Grass Valley Shopping Center | Dec 2050 | Sep 2030 | $19.0M |
| Pinnacle Hills Promenade | Jan 2075 | Jan 2030 | $130.0M |
| Crossroads Village | Dec 2099 | Apr 2032 | $12.2M |
| Gilbert Gateway Towne Center | Dec 2102 | Feb 2036 | $60.0M |
Red: the lease ends before the loan matures, the rollover a refinancing lender will look at hardest.
Filed names grouped here: TARGET; TARGET CORP.; TARGET CORPORATION; TARGET STORE; Target; Target Corp; Target Corporation. From each trust's ABS-EE filing (largest, second and third largest tenant fields). Pro will alert you when any of these loans changes.