Tenant exposure
Verizon in CMBS
The trusts' filings name Verizon among the three largest tenants at properties securing 11 public CMBS loans with $184.3M 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 |
|---|---|---|---|---|---|---|---|---|
| Google Kirkland Campus Phase I | Kirkland, WA | Office | $65.0M | 4.85% | Dec 2028 | n/a | n/a | Current |
| The 511 Building | MN | Other | $50.0M | 5.68% | Aug 2031 | n/a | n/a | Current |
| 651 Brannan Street | San Francisco, CA | Office | $24.6M | 5.835% | Oct 2030 | n/a | n/a | Current |
| 97 Fort Washington | New York, NY | Mixed use | $8.3M | 6.66% | May 2031 | n/a | n/a | Current |
| Otg Woods Crossing | Woods Cross, UT | Retail | $7.2M | 5.015% | Oct 2028 | 1.60x | 100% | Current |
| Prairie Ridge Commons | Pleasant Prairie, WI | Retail | $7.0M | 3.79% | Nov 2029 | 3.24x | 100% | Current |
| Indigo Corners | Durham, NC | Retail | $6.8M | 4.955% | Sep 2028 | 1.35x | 77% | Current |
| Totowa Shoppes | Totowa, NJ | Retail | $5.5M | 4.68% | Dec 2029 | 1.27x | 100% | Current |
| Klee Plaza | Chicago, IL | Mixed use | $5.0M | 5.14% | Feb 2028 | 1.72x | 45% | Current |
| Firewheel Corners Shopping Center | Garland, TX | Retail | $3.7M | 4.35% | Jun 2029 | 2.48x | 84% | Current |
| Kirkwood Center | Kirkwood, MO | Retail | $1.2M | 4.70% | Oct 2027 | 1.73x | 100% | Current |
Where Verizon is the largest tenant: lease end dates
| Property | Lease ends | Loan matures | Balance |
|---|---|---|---|
| Firewheel Corners Shopping Center | Feb 2026 | Jun 2029 | $3.7M |
| Totowa Shoppes | Dec 2026 | Dec 2029 | $5.5M |
| Indigo Corners | May 2030 | Sep 2028 | $6.8M |
Red: the lease ends before the loan matures, the rollover a refinancing lender will look at hardest.
Filed names grouped here: VERIZON; Verizon. From each trust's ABS-EE filing (largest, second and third largest tenant fields). Pro will alert you when any of these loans changes.