Tenant exposure
TESLA in CMBS
The trusts' filings name TESLA among the three largest tenants at properties securing 14 public CMBS loans with $222.0M outstanding. It is the largest tenant at 11 of them. 1 of those loans (7.4% of the balance) is delinquent or with a special servicer.
Every loan
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Totowa Commons | Totowa, NJ | Retail | $50.8M | 4.325% | Dec 2027 | 2.38x | 100% | Current |
| Vista Station 8 | Draper, UT | Office | $26.9M | 4.948% | Jun 2028 | 1.99x | 100% | Current |
| 2000 Corporate Center | Thousand Oaks, CA | Industrial | $23.4M | 6.232% | Jan 2031 | 1.84x | n/a | Current |
| Tesla Duluth | Duluth, GA | Mixed use | $20.8M | 4.06% | Nov 2029 | 2.93x | 100% | Current |
| Tesla Long Beach | Long Beach, CA | Retail | $16.5M | 6.82% | Feb 2028 | n/a | n/a | With the special servicer and 90+ days delinquent |
| Tesla Service Center Northbrook | Northbrook, IL | Industrial | $14.1M | 4.25% | Oct 2029 | n/a | n/a | Current |
| Tesla Golden Valley | Golden Valley, MN | Retail | $11.8M | 5.17% | Mar 2029 | 2.33x | 100% | Current |
| Tesla - Lake Elmo | Lake Elmo, MN | Industrial | $11.8M | 4.82% | Jul 2029 | 2.90x | 100% | Current |
| Tesla Grand Rapids | Grand Rapids, MI | Industrial | $10.3M | 5.608% | Nov 2030 | n/a | n/a | Current |
| 5635 E La Palma | Anaheim, CA | Retail | $8.5M | 6.937% | Jul 2029 | 2.13x | 100% | Current |
| Tesla Service Center of Chicago | Chicago, IL | Retail | $7.3M | 3.452% | Oct 2030 | 3.32x | 100% | Current |
| 320 West Golf Road | Schaumburg, IL | Retail | $6.7M | 3.849% | Feb 2031 | n/a | n/a | Current |
| Albertsons Baton Rouge | Baton Rouge, LA | Retail | $6.7M | 4.75% | Jul 2029 | 1.82x | 100% | Current |
| Montgomery Tech Center | San Diego, CA | Industrial | $6.3M | 5.532% | May 2032 | 1.89x | 100% | Current |
Where TESLA is the largest tenant: lease end dates
| Property | Lease ends | Loan matures | Balance |
|---|---|---|---|
| Vista Station 8 | Apr 2028 | Jun 2028 | $26.9M |
| Tesla Service Center of Chicago | Apr 2029 | Oct 2030 | $7.3M |
| 320 West Golf Road | Aug 2029 | Feb 2031 | $6.7M |
| Montgomery Tech Center | Aug 2031 | May 2032 | $6.3M |
| Tesla Long Beach | Dec 2032 | Feb 2028 | $16.5M |
| Tesla Grand Rapids | May 2035 | Nov 2030 | $10.3M |
| 5635 E La Palma | Nov 2038 | Jul 2029 | $8.5M |
| Tesla Golden Valley | Dec 2038 | Mar 2029 | $11.8M |
| Tesla Duluth | Feb 2039 | Nov 2029 | $20.8M |
| Tesla - Lake Elmo | May 2039 | Jul 2029 | $11.8M |
| Tesla Service Center Northbrook | Sep 2039 | Oct 2029 | $14.1M |
Red: the lease ends before the loan matures, the rollover a refinancing lender will look at hardest.
Filed names grouped here: TESLA; TESLA, INC.; Tesla; Tesla, Inc.; tesla. From each trust's ABS-EE filing (largest, second and third largest tenant fields). Pro will alert you when any of these loans changes.