FREE WRITING PROSPECTUS | ||
FILED PURSUANT TO RULE 433 | ||
REGISTRATION FILE NO.: 333-226123-09 | ||
Free Writing Prospectus dated June [22], 2020 The depositor has filed a registration statement (including a prospectus) with the SEC (SEC File No. 333-226123) for the offering to which this free writing prospectus relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing entity and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the depositor, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling (800) 408-1016 or by emailing the ABS Syndicate Desk atabs_synd@jpmorgan.com. The information in this file (the “File”) is an electronic copy of the information set forth in the Annex titled "Certain Characteristics of the Mortgage Loans and Mortgaged Properties" to the prospectus. This File does not contain all information that is required to be included in the prospectus. This File should be reviewed only in conjunction with the entire prospectus. Prospective investors are advised to read carefully, and should rely on, the prospectus relating to the certificates referred to herein in making their investment decision. The information in this File may be amended and/or supplemented prior to the time of sale. The information in this File supersedes any contrary information contained in any prior File relating to the certificates and will be superseded by any contrary information contained in any subsequent File prior to the time of sale. Methodologies used in deriving certain information contained in this File are more fully described elsewhere in the prospectus. The information in this File should not be viewed as projections, forecasts, predictions or opinions with respect to value. Any legends, disclaimers or other notices that may appear at the bottom of, or attached to, the email communication to which this material may have been attached are not applicable to these materials and should be disregarded. Such legends, disclaimers or other notices have been automatically generated as a result of these materials having been sent via Bloomberg or another email system. | ||
ANNEX A-1
Loan # | Seller(1) | Property Name | Street Address | City | State | Zip Code | County | Number of Properties | Property Type(2) | Property Subtype | Year Built | Year Renovated | Units(3) | Unit of Measure | Occupancy %(4) | Occupancy Date | Appraised Value ($)(5) | Appraisal Date | Current LTV %(5) | Original Balance ($)(6)(7) | Original Balance per Unit ($) | Current Balance ($)(6)(7) | Current Balance per Unit ($) | % of Initial Pool Balance |
1 | LCM | LA County Office Portfolio | Various | Various | CA | Various | Los Angeles | 5 | Office | Suburban | Various | Various | 346,786 | Square Feet | 97.8% | Various | 101,600,000 | 09/06/19 | 67.9% | 69,000,000 | 199 | 69,000,000 | 199 | 9.5% |
1.01 | LCM | 29903 Agoura Road | 29903 Agoura Road | Agoura Hills | CA | 91301 | Los Angeles | 1 | Office | Suburban | 1981 | 2005 | 103,394 | Square Feet | 100.0% | 05/27/20 | 30,400,000 | 09/06/19 | 20,650,000 | 20,650,000 | 2.8% | |||
1.02 | LCM | 29899 Agoura Road | 29899 Agoura Road | Agoura Hills | CA | 91301 | Los Angeles | 1 | Office | Suburban | 2008 | 78,590 | Square Feet | 100.0% | 05/27/20 | 26,000,000 | 09/06/19 | 17,660,000 | 17,660,000 | 2.4% | ||||
1.03 | LCM | 5230 Las Virgenes Road | 5230 Las Virgenes Road | Calabasas | CA | 91302 | Los Angeles | 1 | Office | Suburban | 1997 | 77,025 | Square Feet | 95.0% | 05/27/20 | 20,000,000 | 09/06/19 | 13,580,000 | 13,580,000 | 1.9% | ||||
1.04 | LCM | 5855 Topanga Canyon Boulevard | 5855 Topanga Canyon Boulevard | Woodland Hills | CA | 91367 | Los Angeles | 1 | Office | Suburban | 1981 | 50,019 | Square Feet | 92.6% | 05/27/20 | 15,000,000 | 09/06/19 | 10,190,000 | 10,190,000 | 1.4% | ||||
1.05 | LCM | 29901 Agoura Road | 29901 Agoura Road | Agoura Hills | CA | 91301 | Los Angeles | 1 | Office | Suburban | 1979 | 37,758 | Square Feet | 100.0% | 06/06/20 | 10,200,000 | 09/06/19 | 6,920,000 | 6,920,000 | 1.0% | ||||
2 | JPMCB/GACC/GSMC | 1633 Broadway | 1633 Broadway | New York | NY | 10019 | New York | 1 | Office | CBD | 1972 | 2013 | 2,561,512 | Square Feet | 98.4% | 10/31/19 | 2,400,000,000 | 10/24/19 | 41.7% | 57,500,000 | 391 | 57,500,000 | 391 | 7.9% |
3 | GACC | 675 Creekside Way | 675 Creekside Way | Campbell | CA | 95008 | Santa Clara | 1 | Office | Suburban | 2016 | 177,815 | Square Feet | 100.0% | 06/06/20 | 143,000,000 | 01/01/21 | 58.3% | 43,400,000 | 469 | 43,400,000 | 469 | 6.0% | |
4 | LCM | Hampton Roads Office Portfolio | Various | Various | VA | Various | Various | 22 | Office | Suburban | Various | 1,322,003 | Square Feet | 88.5% | Various | 185,200,000 | 01/07/19 | 70.8% | 43,000,000 | 101 | 42,387,896 | 99 | 5.8% | |
4.01 | LCM | 510 Independence Parkway | 510 Independence Parkway | Chesapeake | VA | 23320 | Chesapeake City | 1 | Office | Suburban | 1999 | 97,081 | Square Feet | 89.4% | 03/31/20 | 14,100,000 | 01/07/19 | 3,566,090 | 3,515,327 | 0.5% | ||||
4.02 | LCM | 676 Independence Parkway | 676 Independence Parkway | Chesapeake | VA | 23320 | Chesapeake City | 1 | Office | Suburban | 2008 | 73,345 | Square Feet | 100.0% | 03/31/20 | 11,200,000 | 01/07/19 | 3,559,624 | 3,508,953 | 0.5% | ||||
4.03 | LCM | 700 Independence Parkway | 700 Independence Parkway | Chesapeake | VA | 23320 | Chesapeake City | 1 | Office | Suburban | 2001 | 96,807 | Square Feet | 100.0% | 03/31/20 | 13,400,000 | 01/07/19 | 2,925,940 | 2,884,289 | 0.4% | ||||
4.04 | LCM | 1309 Executive Boulevard | 1309 Executive Boulevard | Chesapeake | VA | 23320 | Chesapeake City | 1 | Office | Suburban | 2001 | 49,870 | Square Feet | 100.0% | 06/06/20 | 8,500,000 | 01/07/19 | 2,512,105 | 2,476,345 | 0.3% | ||||
4.05 | LCM | 1317 Executive Boulevard | 1317 Executive Boulevard | Chesapeake | VA | 23320 | Chesapeake City | 1 | Office | Suburban | 2007 | 73,583 | Square Feet | 100.0% | 03/31/20 | 12,400,000 | 01/07/19 | 2,444,211 | 2,409,417 | 0.3% | ||||
4.06 | LCM | 200 Golden Oak Court | 200 Golden Oak Court | Virginia Beach | VA | 23452 | Virginia Beach City | 1 | Office | Suburban | 1988 | 74,290 | Square Feet | 84.1% | 03/31/20 | 10,900,000 | 01/07/19 | 2,347,218 | 2,313,805 | 0.3% | ||||
4.07 | LCM | 1301 Executive Boulevard | 1301 Executive Boulevard | Chesapeake | VA | 23320 | Chesapeake City | 1 | Office | Suburban | 2006 | 50,020 | Square Feet | 100.0% | 03/31/20 | 8,100,000 | 01/07/19 | 2,285,789 | 2,253,251 | 0.3% | ||||
4.08 | LCM | 505 Independence Parkway | 505 Independence Parkway | Chesapeake | VA | 23320 | Chesapeake City | 1 | Office | Suburban | 2000 | 63,568 | Square Feet | 97.2% | 03/31/20 | 8,500,000 | 01/07/19 | 2,266,391 | 2,234,129 | 0.3% | ||||
4.09 | LCM | 1313 Executive Boulevard | 1313 Executive Boulevard | Chesapeake | VA | 23320 | Chesapeake City | 1 | Office | Suburban | 2002 | 49,870 | Square Feet | 100.0% | 06/06/20 | 8,500,000 | 01/07/19 | 2,056,241 | 2,026,970 | 0.3% | ||||
4.10 | LCM | 208 Golden Oak Court | 208 Golden Oak Court | Virginia Beach | VA | 23452 | Virginia Beach City | 1 | Office | Suburban | 1989 | 63,825 | Square Feet | 94.6% | 03/31/20 | 9,000,000 | 01/07/19 | 2,040,075 | 2,011,035 | 0.3% | ||||
4.11 | LCM | 1305 Executive Boulevard | 1305 Executive Boulevard | Chesapeake | VA | 23320 | Chesapeake City | 1 | Office | Suburban | 2002 | 49,865 | Square Feet | 81.2% | 03/31/20 | 7,100,000 | 01/07/19 | 1,968,947 | 1,940,919 | 0.3% | ||||
4.12 | LCM | 500 Independence Parkway | 500 Independence Parkway | Chesapeake | VA | 23320 | Chesapeake City | 1 | Office | Suburban | 2001 | 51,000 | Square Feet | 100.0% | 03/31/20 | 7,400,000 | 01/07/19 | 1,939,850 | 1,912,236 | 0.3% | ||||
4.13 | LCM | 501 Independence Parkway | 501 Independence Parkway | Chesapeake | VA | 23320 | Chesapeake City | 1 | Office | Suburban | 2000 | 63,474 | Square Feet | 90.1% | 03/31/20 | 8,000,000 | 01/07/19 | 1,901,053 | 1,873,991 | 0.3% | ||||
4.14 | LCM | 1 Enterprise Parkway | 1 Enterprise Parkway | Hampton | VA | 23666 | Hampton City | 1 | Office | Suburban | 1987 | 63,029 | Square Feet | 65.2% | 03/31/20 | 7,700,000 | 01/07/19 | 1,762,030 | 1,736,948 | 0.2% | ||||
4.15 | LCM | 1457 Miller Store Road | 1457 Miller Store Road | Virginia Beach | VA | 23455 | Virginia Beach City | 1 | Office | Suburban | 1988 | 65,192 | Square Feet | 100.0% | 03/31/20 | 6,100,000 | 01/07/19 | 1,635,940 | 1,612,652 | 0.2% | ||||
4.16 | LCM | 2809 South Lynnhaven Road | 2809 South Lynnhaven Road | Virginia Beach | VA | 23452 | Virginia Beach City | 1 | Office | Suburban | 1987 | 62,924 | Square Feet | 74.9% | 03/31/20 | 9,500,000 | 01/07/19 | 1,409,624 | 1,389,558 | 0.2% | ||||
4.17 | LCM | 22 Enterprise Parkway | 22 Enterprise Parkway | Hampton | VA | 23666 | Hampton City | 1 | Office | Suburban | 1990 | 72,444 | Square Feet | 76.2% | 03/31/20 | 8,900,000 | 01/07/19 | 1,338,496 | 1,319,443 | 0.2% | ||||
4.18 | LCM | 521 Butler Farm Road | 521 Butler Farm Road | Hampton | VA | 23666 | Hampton City | 1 | Office | Suburban | 1989 | 44,651 | Square Feet | 100.0% | 06/06/20 | 6,300,000 | 01/07/19 | 1,319,098 | 1,300,320 | 0.2% | ||||
4.19 | LCM | 21 Enterprise Parkway | 21 Enterprise Parkway | Hampton | VA | 23666 | Hampton City | 1 | Office | Suburban | 1998 | 75,915 | Square Feet | 59.0% | 03/31/20 | 9,100,000 | 01/07/19 | 1,235,038 | 1,217,457 | 0.2% | ||||
4.20 | LCM | 484 Viking Drive | 484 Viking Drive | Virginia Beach | VA | 23452 | Virginia Beach City | 1 | Office | Suburban | 1987 | 39,633 | Square Feet | 43.3% | 03/31/20 | 5,400,000 | 01/07/19 | 1,222,105 | 1,204,709 | 0.2% | ||||
4.21 | LCM | 629 Phoenix Drive | 629 Phoenix Drive | Virginia Beach | VA | 23452 | Virginia Beach City | 1 | Office | Suburban | 1996 | 24,549 | Square Feet | 100.0% | 03/31/20 | 2,900,000 | 01/07/19 | 853,534 | 841,384 | 0.1% | ||||
4.22 | LCM | 5 Manhattan Square | 5 Manhattan Square | Hampton | VA | 23666 | Hampton City | 1 | Office | Suburban | 1999 | 17,068 | Square Feet | 100.0% | 06/06/20 | 2,200,000 | 01/07/19 | 410,602 | 404,757 | 0.1% | ||||
5 | GSMC | 711 Fifth Avenue | 711 5th Avenue | New York | NY | 10022 | New York | 1 | Mixed Use | Office/Retail | 1927 | 2013-2019 | 340,024 | Square Feet | 76.5% | 01/31/20 | 1,000,000,000 | 01/23/20 | 54.5% | 40,000,000 | 1,603 | 40,000,000 | 1,603 | 5.5% |
6 | GACC | BX Industrial Portfolio | Various | Various | Various | Various | Various | 68 | Various | Various | Various | Various | 11,097,713 | Square Feet | 87.3% | 03/31/20 | 960,750,000 | Various | 39.6% | 37,400,000 | 34 | 37,400,000 | 34 | 5.1% |
6.01 | GACC | Bridgewater Center 1 | 1120 US Highway 22 | Bridgewater | NJ | 08807 | Somerset | 1 | Industrial | Warehouse/Storage | 1951 | 1994 | 437,117 | Square Feet | 0.5% | 03/31/20 | 52,700,000 | 07/29/19 | 2,542,854 | 2,542,854 | 0.3% | |||
6.02 | GACC | 401 E Laraway Rd | 401 East Laraway Road | Joliet | IL | 60433 | Will | 1 | Industrial | Warehouse/Distribution | 2005 | 475,104 | Square Feet | 100.0% | 03/31/20 | 42,300,000 | 07/22/19 | 1,662,484 | 1,662,484 | 0.2% | ||||
6.03 | GACC | Rochelle 1 | 501 South Steward Road | Rochelle | IL | 61068 | Ogle | 1 | Industrial | Warehouse/Distribution | 2005 | 579,575 | Square Feet | 100.0% | 03/31/20 | 34,600,000 | 08/01/19 | 1,359,857 | 1,359,857 | 0.2% | ||||
6.04 | GACC | 350A Salem Church Rd | 350A Salem Church Road | Mechanicsburg | PA | 17050 | Cumberland | 1 | Industrial | Warehouse/Distribution | 1990 | 405,100 | Square Feet | 100.0% | 03/31/20 | 33,000,000 | 07/15/19 | 1,296,974 | 1,296,974 | 0.2% | ||||
6.05 | GACC | Romeoville Bldg 1 | 208-214 South Pinnacle Drive | Romeoville | IL | 60446 | Will | 1 | Industrial | Warehouse/Distribution | 2016 | 199,924 | Square Feet | 100.0% | 03/31/20 | 30,100,000 | 07/24/19 | 1,182,997 | 1,182,997 | 0.2% | ||||
6.06 | GACC | 251 E Laraway Rd | 251 East Laraway Road | Joliet | IL | 60433 | Will | 1 | Industrial | Warehouse/Distribution | 2005 | 374,460 | Square Feet | 100.0% | 03/31/20 | 28,400,000 | 07/22/19 | 1,143,695 | 1,143,695 | 0.2% | ||||
6.07 | GACC | 7940 Kentucky | 7940 Kentucky Drive | Florence | KY | 41042 | Boone | 1 | Industrial | Flex | 1992 | 128,077 | Square Feet | 94.7% | 03/31/20 | 29,000,000 | 07/15/19 | 1,139,765 | 1,139,765 | 0.2% | ||||
6.08 | GACC | Mountain Top Distribution Center 2 | 1 Philips Drive | Mountain Top | PA | 18707 | Luzerne | 1 | Industrial | Warehouse/Distribution | 1992 | 400,000 | Square Feet | 100.0% | 03/31/20 | 24,100,000 | 08/01/19 | 947,184 | 947,184 | 0.1% | ||||
6.09 | GACC | Enterprise Parkway | 2000 Enterprise Parkway | Hampton | VA | 23666 | Hampton City | 1 | Industrial | Flex | 1996 | 402,652 | Square Feet | 76.6% | 03/31/20 | 23,400,000 | 07/19/19 | 919,672 | 919,672 | 0.1% | ||||
6.10 | GACC | Cavalier I | 1400 Cavalier Boulevard | Chesapeake | VA | 23323 | Chesapeake City | 1 | Industrial | Warehouse/Distribution | 1969 | 300,117 | Square Feet | 77.0% | 03/31/20 | 23,100,000 | 07/19/19 | 907,881 | 907,881 | 0.1% | ||||
6.11 | GACC | 1910 International | 1910 International Way | Hebron | KY | 41048 | Boone | 1 | Industrial | Warehouse/Distribution | 1990 | 2004 | 300,000 | Square Feet | 100.0% | 03/31/20 | 20,800,000 | 07/16/19 | 817,486 | 817,486 | 0.1% | |||
6.12 | GACC | Glen Dale | 7100 Holladay Tyler Road | Glen Dale | MD | 20769 | Prince George’s | 1 | Industrial | Warehouse/Distribution | 1968 | 314,590 | Square Feet | 53.5% | 03/31/20 | 19,200,000 | 07/12/19 | 754,603 | 754,603 | 0.1% | ||||
6.13 | GACC | Romeoville Bldg 2 | 208-214 South Pinnacle Drive | Romeoville | IL | 60446 | Will | 1 | Industrial | Warehouse/Distribution | 2016 | 199,924 | Square Feet | 30.9% | 03/31/20 | 18,900,000 | 07/24/19 | 742,812 | 742,812 | 0.1% | ||||
6.14 | GACC | Enterprise Distribution Center 1 | 10550 Toebben Drive | Independence | KY | 41051 | Boone | 1 | Industrial | Warehouse/Distribution | 2005 | 275,000 | Square Feet | 100.0% | 03/31/20 | 17,500,000 | 07/15/19 | 687,789 | 687,789 | 0.1% | ||||
6.15 | GACC | 2270 Woodale | 2270-2280 Woodale Drive | Mounds View | MN | 55112 | Ramsey | 1 | Industrial | Warehouse | 1990 | 144,783 | Square Feet | 100.0% | 03/31/20 | 17,100,000 | 07/12/19 | 672,068 | 672,068 | 0.1% | ||||
6.16 | GACC | 2950 Lexington Ave South | 2950 Lexington Avenue South | Eagan | MN | 55121 | Dakota | 1 | Industrial | Warehouse/Storage | 1979 | 184,545 | Square Feet | 100.0% | 03/31/20 | 16,800,000 | 07/12/19 | 660,277 | 660,277 | 0.1% | ||||
6.17 | GACC | Rivers Bend Center 1B | 801 Liberty Way | Chester | VA | 23836 | Chesterfield | 1 | Industrial | Warehouse/Distribution | 1998 | 170,800 | Square Feet | 100.0% | 03/31/20 | 16,700,000 | 07/16/19 | 656,347 | 656,347 | 0.1% | ||||
6.18 | GACC | DFW Logistics Center (Bldg 4) | 2701 Esters Boulevard | Dallas | TX | 75261 | Dallas | 1 | Industrial | Warehouse/Distribution | 2018 | 144,000 | Square Feet | 100.0% | 03/31/20 | 16,400,000 | 07/12/19 | 644,557 | 644,557 | 0.1% | ||||
6.19 | GACC | Rivers Bend Center 1C | 12730 Kingston Avenue | Chester | VA | 23836 | Chesterfield | 1 | Industrial | Flex | 2001 | 158,400 | Square Feet | 100.0% | 03/31/20 | 15,800,000 | 07/16/19 | 620,975 | 620,975 | 0.1% | ||||
6.20 | GACC | Territorial | 3 Territorial Court | Bolingbrook | IL | 60440 | Will | 1 | Industrial | Manufacturing | 2001 | 125,448 | Square Feet | 100.0% | 03/31/20 | 15,500,000 | 07/24/19 | 609,185 | 609,185 | 0.1% | ||||
6.21 | GACC | Diamond Hill 2 | 1920 Campostella Road | Chesapeake | VA | 23324 | Chesapeake City | 1 | Industrial | Warehouse/Distribution | 1997 | 224,620 | Square Feet | 100.0% | 03/31/20 | 15,400,000 | 07/19/19 | 605,254 | 605,254 | 0.1% | ||||
6.22 | GACC | Rivers Bend Center 2A | 500 HP Way | Chester | VA | 23836 | Chesterfield | 1 | Industrial | Warehouse/Distribution | 1997 | 144,000 | Square Feet | 100.0% | 03/31/20 | 15,200,000 | 07/16/19 | 597,394 | 597,394 | 0.1% | ||||
6.23 | GACC | Rivers Bend Center 1A | 701 Liberty Way | Chester | VA | 23836 | Chesterfield | 1 | Industrial | Flex | 1998 | 123,980 | Square Feet | 100.0% | 03/31/20 | 15,000,000 | 07/16/19 | 589,533 | 589,533 | 0.1% | ||||
6.24 | GACC | Diamond Hill 3 | 1960 Diamond Hill Road | Chesapeake | VA | 23324 | Chesapeake City | 1 | Industrial | Warehouse/Distribution | 1974 | 267,010 | Square Feet | 62.6% | 03/31/20 | 14,900,000 | 07/19/19 | 585,603 | 585,603 | 0.1% | ||||
6.25 | GACC | Whippany Business Center 1 | One Apollo Drive | Whippany | NJ | 07981 | Morris | 1 | Industrial | Warehouse | 1975 | 1985 | 120,000 | Square Feet | 74.6% | 03/31/20 | 14,700,000 | 07/29/19 | 577,743 | 577,743 | 0.1% | |||
6.26 | GACC | The Colony Land | NWQ of Memorial Drive and Main Street | The Colony | TX | 75056 | Denton | 1 | Other | Leased Fee | NAP | NAP | NAP | 14,200,000 | 07/21/19 | 558,092 | 558,092 | 0.1% | ||||||
6.27 | GACC | Shawnee Distribution Center 1 | 8515 Hedge Lane Terrace | Shawnee | KS | 66227 | Johnson | 1 | Industrial | Warehouse/Distribution | 2003 | 223,200 | Square Feet | 100.0% | 03/31/20 | 14,100,000 | 07/10/19 | 554,161 | 554,161 | 0.1% | ||||
6.28 | GACC | Rivers Bend Center 2B | 600 HP Way | Chester | VA | 23836 | Chesterfield | 1 | Industrial | Warehouse/Distribution | 1997 | 158,400 | Square Feet | 100.0% | 03/31/20 | 13,900,000 | 08/01/19 | 546,301 | 546,301 | 0.1% | ||||
6.29 | GACC | 7930 Kentucky | 7930 Kentucky Drive | Florence | KY | 41042 | Boone | 1 | Industrial | Warehouse/Distribution | 1999 | 219,300 | Square Feet | 100.0% | 03/31/20 | 13,800,000 | 07/15/19 | 542,371 | 542,371 | 0.1% | ||||
6.30 | GACC | Dues Dr Distribution Center 1 | 4225 Dues Drive | West Chester | OH | 45246 | Butler | 1 | Industrial | Warehouse/Distribution | 1972 | 303,000 | Square Feet | 40.3% | 03/31/20 | 13,600,000 | 07/16/19 | 534,510 | 534,510 | 0.1% | ||||
6.31 | GACC | Gibraltar | 455 Gibraltar Drive | Bolingbrook | IL | 60440 | Will | 1 | Industrial | Manufacturing | 2002 | 110,000 | Square Feet | 100.0% | 03/31/20 | 13,500,000 | 07/24/19 | 530,580 | 530,580 | 0.1% | ||||
6.32 | GACC | Diamond Hill 1 | 1910 Campostella Road | Chesapeake | VA | 23324 | Chesapeake City | 1 | Industrial | Warehouse/Distribution | 1980 | 152,600 | Square Feet | 100.0% | 03/31/20 | 13,500,000 | 07/19/19 | 530,580 | 530,580 | 0.1% | ||||
6.33 | GACC | DFW Logistics Center (Bldg 3) | 2650 Esters Boulevard | Dallas | TX | 75261 | Dallas | 1 | Industrial | Warehouse/Distribution | 2018 | 120,000 | Square Feet | 100.0% | 03/31/20 | 13,500,000 | 07/12/19 | 530,580 | 530,580 | 0.1% | ||||
6.34 | GACC | Elk Grove Distribution Center 1 | 1325 Pratt Boulevard | Elk Grove Village | IL | 60007 | Cook | 1 | Industrial | Warehouse/Distribution | 1970 | 2018 | 150,700 | Square Feet | 100.0% | 03/31/20 | 13,100,000 | 07/11/19 | 514,859 | 514,859 | 0.1% | |||
6.35 | GACC | 1000 Lucas Way | 1000 Lucas Way | Hampton | VA | 23666 | Hampton City | 1 | Industrial | Warehouse/Distribution | 1992 | 120,000 | Square Feet | 100.0% | 03/31/20 | 13,100,000 | 07/19/19 | 514,859 | 514,859 | 0.1% | ||||
6.36 | GACC | Lakeview | 100-130 Lakeview Parkway | Vernon Hills | IL | 60061 | Lake | 1 | Industrial | Warehouse/Distribution | 1998 | 2015 | 132,851 | Square Feet | 100.0% | 03/31/20 | 13,000,000 | 07/11/19 | 510,929 | 510,929 | 0.1% | |||
6.37 | GACC | DFW Logistics Center (Bldg 5) | 750 Royal Lane | Dallas | TX | 75261 | Dallas | 1 | Industrial | Warehouse/Distribution | 2017 | 116,157 | Square Feet | 100.0% | 03/31/20 | 12,300,000 | 07/12/19 | 483,417 | 483,417 | 0.1% | ||||
6.38 | GACC | 9756 International | 9756 International Boulevard | West Chester | OH | 45246 | Butler | 1 | Industrial | Warehouse/Distribution | 1990 | 192,000 | Square Feet | 100.0% | 03/31/20 | 11,700,000 | 07/16/19 | 459,836 | 459,836 | 0.1% | ||||
6.39 | GACC | 350B Salem Church Rd | 350B Salem Church Road | Mechanicsburg | PA | 17050 | Cumberland | 1 | Industrial | Warehouse/Distribution | 1990 | 134,500 | Square Feet | 100.0% | 03/31/20 | 11,000,000 | 07/15/19 | 432,325 | 432,325 | 0.1% | ||||
6.40 | GACC | 6105 Trenton Ln | 6105 Trenton Lane North | Plymouth | MN | 55442 | Hennepin | 1 | Industrial | Warehouse/Distribution | 1994 | 122,032 | Square Feet | 77.4% | 03/31/20 | 11,000,000 | 07/11/19 | 432,325 | 432,325 | 0.1% | ||||
6.41 | GACC | 300 Salem Church Rd | 300 Salem Church Road | Mechanicsburg | PA | 17050 | Cumberland | 1 | Industrial | Warehouse/Distribution | 1991 | 120,000 | Square Feet | 100.0% | 03/31/20 | 10,900,000 | 07/15/19 | 428,394 | 428,394 | 0.1% | ||||
6.42 | GACC | Tower | 161 Tower Drive | Burr Ridge | IL | 60527 | Cook | 1 | Industrial | Manufacturing | 1982 | 118,101 | Square Feet | 77.0% | 03/31/20 | 10,600,000 | 07/24/19 | 424,464 | 424,464 | 0.1% | ||||
6.43 | GACC | 1940 Fernbrook Ln | 1940 Fernbrook Lane North | Plymouth | MN | 55447 | Hennepin | 1 | Industrial | Flex | 1974 | 107,812 | Square Feet | 97.1% | 03/31/20 | 10,800,000 | 07/11/19 | 424,464 | 424,464 | 0.1% | ||||
6.44 | GACC | Production Distribution Center 1 | 100 Production Drive | Harrison | OH | 45030 | Hamilton | 1 | Industrial | Warehouse/Distribution | 1965 | 232,880 | Square Feet | 100.0% | 03/31/20 | 7,916,472 | 07/16/19 | 412,673 | 412,673 | 0.1% | ||||
6.45 | GACC | Culpeper | 13129 Airpark Drive | Elkwood | VA | 22718 | Culpeper | 1 | Industrial | Warehouse/Distribution | 1990 | 150,000 | Square Feet | 100.0% | 03/31/20 | 10,400,000 | 07/16/19 | 408,743 | 408,743 | 0.1% | ||||
6.46 | GACC | Fairfield Distribution Center 1 | 375 Northpointe Drive | Fairfield | OH | 45014 | Butler | 1 | Industrial | Warehouse/Distribution | 1989 | 203,500 | Square Feet | 100.0% | 03/31/20 | 10,300,000 | 07/16/19 | 404,813 | 404,813 | 0.1% | ||||
6.47 | GACC | Cavalier II | 3732 Cook Boulevard | Chesapeake | VA | 23323 | Chesapeake City | 1 | Industrial | Warehouse/Distribution | 2007 | 94,325 | Square Feet | 100.0% | 03/31/20 | 10,100,000 | 07/19/19 | 396,953 | 396,953 | 0.1% | ||||
6.48 | GACC | World Park II | 10083-10095 International Boulevard | West Chester | OH | 45246 | Butler | 1 | Industrial | Warehouse/Distribution | 1981 | 167,270 | Square Feet | 53.7% | 03/31/20 | 9,000,000 | 07/16/19 | 353,720 | 353,720 | 0.0% | ||||
6.49 | GACC | Diamond Hill 4 | 2115 Portlock Road | Chesapeake | VA | 23324 | Chesapeake City | 1 | Industrial | Warehouse/Distribution | 2000 | 75,700 | Square Feet | 100.0% | 03/31/20 | 8,800,000 | 07/19/19 | 345,860 | 345,860 | 0.0% | ||||
6.50 | GACC | 2290-2298 Woodale | 2290-2298 Woodale Drive | Mounds View | MN | 55112 | Ramsey | 1 | Industrial | Flex | 1992 | 78,180 | Square Feet | 100.0% | 03/31/20 | 8,200,000 | 07/12/19 | 322,278 | 322,278 | 0.0% | ||||
6.51 | GACC | 514 Butler Rd | 514 Butler Farm Road | Hampton | VA | 23666 | Hampton City | 1 | Office | Suburban | 1992 | 61,488 | Square Feet | 12.6% | 03/31/20 | 8,000,000 | 07/19/19 | 314,418 | 314,418 | 0.0% | ||||
6.52 | GACC | Northridge II | 10446-10456 Lakeridge Parkway | Ashland | VA | 23005 | Hanover | 1 | Industrial | Flex | 1998 | 70,118 | Square Feet | 100.0% | 03/31/20 | 7,600,000 | 07/18/19 | 298,697 | 298,697 | 0.0% | ||||
6.53 | GACC | 2222 Woodale | 2222 Woodale Drive | Mounds View | MN | 55112 | Ramsey | 1 | Industrial | Flex | 1989 | 55,742 | Square Feet | 68.2% | 03/31/20 | 7,300,000 | 07/12/19 | 286,906 | 286,906 | 0.0% | ||||
6.54 | GACC | Northridge I | 10430-10444 Lakeridge Parkway | Ashland | VA | 23005 | Hanover | 1 | Industrial | Flex | 1991 | 69,185 | Square Feet | 100.0% | 03/31/20 | 7,000,000 | 07/18/19 | 275,116 | 275,116 | 0.0% | ||||
6.55 | GACC | Romeoville Distribution Center 1 | 815 Forestwood Drive | Romeoville | IL | 60446 | Will | 1 | Industrial | Manufacturing | 1993 | 75,250 | Square Feet | 100.0% | 03/31/20 | 6,600,000 | 07/24/19 | 259,395 | 259,395 | 0.0% | ||||
6.56 | GACC | 1825 Airport Exchange | 1825 Airport Exchange Boulevard | Erlanger | KY | 41018 | Kenton | 1 | Industrial | Flex | 1997 | 67,749 | Square Feet | 100.0% | 03/31/20 | 6,000,000 | 07/16/19 | 235,813 | 235,813 | 0.0% | ||||
6.57 | GACC | 7453 Empire - Bldg C | 7453 Empire Drive C | Florence | KY | 41042 | Boone | 1 | Industrial | Warehouse/Distribution | 1994 | 101,250 | Square Feet | 100.0% | 03/31/20 | 5,800,000 | 07/15/19 | 227,953 | 227,953 | 0.0% | ||||
6.58 | GACC | Rivers Bend Center 1D | 13001 Kingston Avenue | Chester | VA | 23836 | Chesterfield | 1 | Industrial | Flex | 1997 | 40,460 | Square Feet | 100.0% | 03/31/20 | 5,200,000 | 07/16/19 | 204,372 | 204,372 | 0.0% | ||||
6.59 | GACC | Heathrow | 616 Heathrow Drive | Lincolnshire | IL | 60069 | Lake | 1 | Industrial | R&D/Flex | 1988 | Various | 38,504 | Square Feet | 100.0% | 03/31/20 | 4,900,000 | 07/11/19 | 192,581 | 192,581 | 0.0% | |||
6.60 | GACC | 2240-2250 Woodale | 2240-2250 Woodale Drive | Mounds View | MN | 55112 | Ramsey | 1 | Industrial | Flex | 1992 | 42,551 | Square Feet | 100.0% | 03/31/20 | 4,200,000 | 07/12/19 | 165,069 | 165,069 | 0.0% | ||||
6.61 | GACC | 273 Industrial Way | 273 Industrial Way | Benicia | CA | 94510 | Solano | 1 | Other | Leased Fee | NAP | NAP | NAP | 3,650,000 | 07/18/19 | 143,453 | 143,453 | 0.0% | ||||||
6.62 | GACC | 7453 Empire - Bldg B | 7453 Empire Drive Building B | Florence | KY | 41042 | Boone | 1 | Industrial | Warehouse/Distribution | 1993 | 47,842 | Square Feet | 100.0% | 03/31/20 | 3,500,000 | 07/15/19 | 137,558 | 137,558 | 0.0% | ||||
6.63 | GACC | 7453 Empire - Bldg A | 7453 Empire Drive Building A | Florence | KY | 41042 | Boone | 1 | Industrial | Warehouse/Distribution | 1993 | 47,840 | Square Feet | 100.0% | 03/31/20 | 3,050,000 | 07/15/19 | 119,872 | 119,872 | 0.0% | ||||
6.64 | GACC | Rivers Bend Center - Land | 800 HP Way, 501 & 531 HP Way, 12900 Kingston Avenue, 413, 429, 513, 519, 601 & 620 Meadowville Road | Chester | VA | 23836 | Chesterfield | 1 | Other | Leased Fee | NAP | NAP | NAP | 3,350,000 | 07/16/19 | 15,721 | 15,721 | 0.0% | ||||||
6.65 | GACC | Production Distribution Center 1B | 100b Production Drive | Harrison | OH | 45030 | Hamilton | 1 | Industrial | Warehouse/Distribution | 1998 | 76,000 | Square Feet | 100.0% | 03/31/20 | 2,583,528 | 07/16/19 | 0 | 0 | 0.0% | ||||
6.66 | GACC | Bridgewater Center 2 | 1120 US Highway 22 | Bridgewater | NJ | 08807 | Somerset | 1 | Industrial | Warehouse/Storage | 1954 | 1994 | 102,000 | Square Feet | 100.0% | 03/31/20 | 12,000,000 | 07/29/19 | 0 | 0 | 0.0% | |||
6.67 | GACC | Laraway Land 1 | 251 East Laraway Road | Joliet | IL | 60433 | Will | 1 | Other | Leased Fee | NAP | NAP | NAP | 700,000 | 08/01/19 | 0 | 0 | 0.0% | ||||||
6.68 | GACC | Laraway Land 2 | 401 East Laraway Road | Joliet | IL | 60433 | Will | 1 | Other | Leased Fee | NAP | NAP | NAP | 6,400,000 | 07/22/19 | 0 | 0 | 0.0% | ||||||
7 | LCM | Whitehall III & V | 3545 Whitehall Park Drive and 3600 Arco Corporate Drive | Charlotte | NC | 28273 | Mecklenburg | 1 | Office | Suburban | 2006-2007 | 295,893 | Square Feet | 95.6% | 04/30/20 | 56,900,000 | 10/24/19 | 63.6% | 36,500,000 | 123 | 36,175,532 | 122 | 5.0% | |
8 | JPMCB | Frick Building | 437 Grant Street | Pittsburgh | PA | 15219 | Allegheny | 1 | Office | CBD | 1902 | 353,807 | Square Feet | 72.5% | 05/26/20 | 50,000,000 | 01/10/20 | 70.5% | 35,250,000 | 100 | 35,250,000 | 100 | 4.8% | |
9 | LCM | Peace Coliseum | 799 West Coliseum Way | Midvale | UT | 84047 | Salt Lake | 1 | Office | Suburban | 2015 | 236,585 | Square Feet | 100.0% | 06/06/20 | 80,000,000 | 02/14/20 | 43.1% | 34,500,000 | 146 | 34,500,000 | 146 | 4.7% | |
10 | JPMCB | Chase Center Tower I | 1655 3rd Street | San Francisco | CA | 94158 | San Francisco | 1 | Office | CBD | 2019 | 317,660 | Square Feet | 100.0% | 06/10/20 | 466,000,000 | 12/19/19 | 31.3% | 18,213,750 | 461 | 18,213,750 | 461 | 2.5% | |
11 | JPMCB | Chase Center Tower II | 1725 3rd Street | San Francisco | CA | 94158 | San Francisco | 1 | Office | CBD | 2019 | 268,548 | Square Feet | 100.0% | 06/10/20 | 397,500,000 | 12/19/19 | 31.3% | 15,536,250 | 461 | 15,536,250 | 461 | 2.1% | |
12 | LCM | Los Angeles Leased Fee Portfolio | Various | Los Angeles | CA | Various | Los Angeles | 8 | Other | Leased Fee | N/A | 556,202 | Square Feet | 100.0% | 06/06/20 | 134,900,000 | 07/04/19 | 63.0% | 24,000,000 | 153 | 24,000,000 | 153 | 3.3% | |
12.01 | LCM | 5901 West Century Boulevard | 5901 West Century Boulevard | Los Angeles | CA | 90036 | Los Angeles | 1 | Other | Leased Fee | N/A | 71,003 | Square Feet | 100.0% | 06/06/20 | 21,700,000 | 07/04/19 | 3,868,235 | 3,868,235 | 0.5% | ||||
12.02 | LCM | 5959 West Century Boulevard | 5959 West Century Boulevard | Los Angeles | CA | 90045 | Los Angeles | 1 | Other | Leased Fee | N/A | 79,279 | Square Feet | 100.0% | 06/06/20 | 19,000,000 | 07/04/19 | 3,388,235 | 3,388,235 | 0.5% | ||||
12.03 | LCM | 6151 West Century Boulevard | 6151 West Century Boulevard | Los Angeles | CA | 90045 | Los Angeles | 1 | Other | Leased Fee | N/A | 78,844 | Square Feet | 100.0% | 06/06/20 | 18,000,000 | 07/04/19 | 3,190,588 | 3,190,588 | 0.4% | ||||
12.04 | LCM | 5933 West Century Boulevard | 5933 West Century Boulevard | Los Angeles | CA | 90045 | Los Angeles | 1 | Other | Leased Fee | N/A | 73,181 | Square Feet | 100.0% | 06/06/20 | 16,400,000 | 07/04/19 | 2,908,235 | 2,908,235 | 0.4% | ||||
12.05 | LCM | 5940 West 98th Street | 5940 West 98th Street | Los Angeles | CA | 90045 | Los Angeles | 1 | Other | Leased Fee | N/A | 67,518 | Square Feet | 100.0% | 06/06/20 | 15,700,000 | 07/04/19 | 2,795,294 | 2,795,294 | 0.4% | ||||
12.06 | LCM | 9801 Airport Boulevard | 9801 Airport Boulevard | Los Angeles | CA | 90045 | Los Angeles | 1 | Other | Leased Fee | N/A | 62,726 | Square Feet | 100.0% | 06/06/20 | 15,000,000 | 07/04/19 | 2,682,353 | 2,682,353 | 0.4% | ||||
12.07 | LCM | 6144 West 98th Street | 6144 West 98th Street | Los Angeles | CA | 90045 | Los Angeles | 1 | Other | Leased Fee | N/A | 62,726 | Square Feet | 100.0% | 06/06/20 | 14,900,000 | 07/04/19 | 2,654,118 | 2,654,118 | 0.4% | ||||
12.08 | LCM | 5960 West 98th Street | 5960 West 98th Street | Los Angeles | CA | 90045 | Los Angeles | 1 | Other | Leased Fee | N/A | 60,925 | Square Feet | 100.0% | 06/06/20 | 14,200,000 | 07/04/19 | 2,512,941 | 2,512,941 | 0.3% | ||||
13 | JPMCB | 1340 Concord | 1340 Concord Terrace | Sunrise | FL | 33323 | Broward | 1 | Office | Suburban | 1998 | 100,710 | Square Feet | 100.0% | 06/01/20 | 32,600,000 | 06/14/19 | 67.5% | 22,000,000 | 218 | 22,000,000 | 218 | 3.0% | |
14 | LCM | 1333 Main Street | 1333 Main Street, 1301 Assembly Street and 1314-1318 Assembly Street | Columbia | SC | 29201 | Richland | 1 | Mixed Use | Office/Retail | 1983 | 1998-2015 | 224,314 | Square Feet | 92.0% | 01/14/20 | 29,500,000 | 01/03/20 | 69.5% | 20,500,000 | 91 | 20,500,000 | 91 | 2.8% |
15 | GSMC | City National Plaza | 515-555 South Flower Street | Los Angeles | CA | 90071 | Los Angeles | 1 | Office | CBD | 1971 | 2018 | 2,519,787 | Square Feet | 81.4% | 03/27/20 | 1,330,000,000 | 03/02/20 | 41.4% | 20,000,000 | 218 | 20,000,000 | 218 | 2.7% |
16 | GSMC | Moffett Towers Buildings A, B & C | Various | Sunnyvale | CA | 94089 | Santa Clara | 3 | Office | Suburban | 2008 | 951,498 | Square Feet | 100.0% | 01/01/21 | 1,145,000,000 | 10/01/21 | 38.7% | 20,000,000 | 466 | 20,000,000 | 466 | 2.7% | |
16.01 | GSMC | Moffett Towers Building B | 1020 Enterprise Way | Sunnyvale | CA | 94089 | Santa Clara | 1 | Office | Suburban | 2008 | 317,166 | Square Feet | 100.0% | 01/01/21 | 390,000,000 | 10/01/21 | 6,883,117 | 6,883,117 | 0.9% | ||||
16.02 | GSMC | Moffett Towers Building C | 1050 Enterprise Way | Sunnyvale | CA | 94089 | Santa Clara | 1 | Office | Suburban | 2008 | 317,166 | Square Feet | 100.0% | 01/01/21 | 383,000,000 | 05/01/21 | 6,883,117 | 6,883,117 | 0.9% | ||||
16.03 | GSMC | Moffett Towers Building A | 1000 Enterprise Way | Sunnyvale | CA | 94089 | Santa Clara | 1 | Office | Suburban | 2008 | 317,166 | Square Feet | 100.0% | 01/01/21 | 348,000,000 | 01/03/20 | 6,233,766 | 6,233,766 | 0.9% | ||||
17 | GACC | Roscoe Office | 14500 Roscoe Boulevard | Panorama City | CA | 91402 | Los Angeles | 1 | Office | Suburban | 1981 | 84,337 | Square Feet | 90.6% | 02/13/20 | 30,700,000 | 01/07/20 | 60.3% | 18,500,000 | 219 | 18,500,000 | 219 | 2.5% | |
18 | LCM | Lava Ridge Business Center | 3000-3010 Lava Ridge Court | Roseville | CA | 95661 | Placer | 1 | Office | Suburban | 1999 | 2018 | 138,836 | Square Feet | 89.7% | 02/01/20 | 29,900,000 | 12/05/19 | 61.0% | 18,250,000 | 131 | 18,250,000 | 131 | 2.5% |
19 | GSMC | PCI Pharma Portfolio | Various | Various | Various | Various | Various | 5 | Various | Various | Various | Various | 1,356,188 | Square Feet | 100.0% | 06/01/20 | 165,940,000 | Various | 65.4% | 16,750,000 | 80 | 16,750,000 | 80 | 2.3% |
19.01 | GSMC | 3001 Red Lion Road | 3001 Red Lion Road | Philadelphia | PA | 19114 | Philadelphia | 1 | Industrial | R&D/Flex | 1954 | 2002 | 447,000 | Square Feet | 100.0% | 06/01/20 | 75,100,000 | 10/10/19 | 7,580,601 | 7,580,601 | 1.0% | |||
19.02 | GSMC | 4536 & 4545 Assembly Drive | 4536 & 4545 Assembly Drive | Rockford | IL | 61109 | Winnebago | 1 | Industrial | Warehouse/Distribution | 1989 | 2003, 2005, 2012, 2018 | 768,400 | Square Feet | 100.0% | 06/01/20 | 52,600,000 | 10/11/19 | 5,309,449 | 5,309,449 | 0.7% | |||
19.03 | GSMC | 6166 Nancy Ridge Drive | 6166 Nancy Ridge Drive | San Diego | CA | 92121 | San Diego | 1 | Office | Suburban Flex | 1996 | 2016 | 37,583 | Square Feet | 100.0% | 06/01/20 | 19,800,000 | 10/10/19 | 1,998,614 | 1,998,614 | 0.3% | |||
19.04 | GSMC | 6146 Nancy Ridge Drive | 6146 Nancy Ridge Drive | San Diego | CA | 92121 | San Diego | 1 | Office | Suburban Flex | 1987 | 2017 | 24,785 | Square Feet | 100.0% | 06/01/20 | 13,000,000 | 10/10/19 | 1,312,221 | 1,312,221 | 0.2% | |||
19.05 | GSMC | 1635 & 1639 New Milford School Road | 1635 & 1639 New Milford School Road | Rockford | IL | 61109 | Winnebago | 1 | Industrial | Warehouse | 1996 | 2001 | 78,420 | Square Feet | 100.0% | 06/01/20 | 5,440,000 | 10/11/19 | 549,114 | 549,114 | 0.1% | |||
20 | JPMCB | The Oliver | 11955 West Washington Boulevard | Los Angeles | CA | 90066 | Los Angeles | 1 | Mixed Use | Multifamily/Retail | 2016 | 30 | Units | 100.0% | 02/01/20 | 27,700,000 | 01/21/20 | 54.5% | 15,100,000 | 503,333 | 15,100,000 | 503,333 | 2.1% | |
21 | JPMCB | Apollo Education Group HQ Campus | 4025, 4035, 4045, 4050, and 4055 South Riverpoint Parkway | Phoenix | AZ | 85040 | Maricopa | 1 | Office | Suburban | 2007, 2008 | 2019 | 599,664 | Square Feet | 100.0% | 06/05/20 | 194,000,000 | 01/06/20 | 47.2% | 15,000,000 | 153 | 15,000,000 | 153 | 2.1% |
22 | LCM | SHP Building IV | 3145 Saint Rose Parkway | Henderson | NV | 89052 | Clark | 1 | Office | Suburban | 2018 | 51,851 | Square Feet | 100.0% | 01/01/20 | 20,200,000 | 01/07/20 | 68.6% | 13,850,000 | 267 | 13,850,000 | 267 | 1.9% | |
23 | GACC | GIP REIT Portfolio | Various | Various | Various | Various | Various | 3 | Various | Various | Various | 68,200 | Square Feet | 100.0% | 06/06/20 | 15,050,000 | Various | 75.0% | 11,287,500 | 166 | 11,287,500 | 166 | 1.6% | |
23.01 | GACC | 15091 Alabama Highway 20 | 15091 Alabama Highway 20 | Madison | AL | 35756 | Limestone | 1 | Industrial | Manufacturing | 2003 | 63,000 | Square Feet | 100.0% | 06/06/20 | 9,000,000 | 10/24/19 | 6,750,000 | 6,750,000 | 0.9% | ||||
23.02 | GACC | 1300 South Dale Mabry Highway | 1300 South Dale Mabry Highway | Tampa | FL | 33629 | Hillsborough | 1 | Retail | Single Tenant | 2018 | 2,200 | Square Feet | 100.0% | 06/06/20 | 3,500,000 | 10/18/19 | 2,625,000 | 2,625,000 | 0.4% | ||||
23.03 | GACC | 3707 14th Street Northwest | 3707 14th Street Northwest | Washington | DC | 20010 | District of Columbia | 1 | Retail | Single Tenant | 2016 | 3,000 | Square Feet | 100.0% | 06/06/20 | 2,550,000 | 10/25/19 | 1,912,500 | 1,912,500 | 0.3% | ||||
24 | GACC | Staples Headquarters | 500 Staples Drive | Framingham | MA | 01702 | Middlesex | 1 | Office | Suburban | 1997 | 666,088 | Square Feet | 100.0% | 06/06/20 | 198,000,000 | 11/01/19 | 45.5% | 10,000,000 | 135 | 10,000,000 | 135 | 1.4% | |
25 | LCM | NOV Headquarters | 7909 Parkwood Circle Drive and 9720 & 9724 Beechnut Street | Houston | TX | 77036 | Harris | 1 | Office | Suburban | 1982 | 2009 | 337,019 | Square Feet | 100.0% | 06/06/20 | 57,000,000 | 01/30/19 | 68.8% | 10,000,000 | 116 | 10,000,000 | 116 | 1.4% |
26 | GACC | Briarcliff Apartments | 4805 Transit Road | Depew | NY | 14043 | Erie | 1 | Multifamily | Garden | 1986 | 248 | Units | 95.2% | 01/27/20 | 17,225,000 | 12/16/19 | 51.1% | 8,800,000 | 35,484 | 8,800,000 | 35,484 | 1.2% | |
27 | GSMC | Stuart’s Crossing | 652 Kirk Road | St. Charles | IL | 60174 | Kane | 1 | Retail | Anchored | 1999 | 85,529 | Square Feet | 100.0% | 03/03/20 | 13,200,000 | 01/17/20 | 63.6% | 8,400,000 | 98 | 8,400,000 | 98 | 1.2% | |
28 | LCM | KB Fresenius & DaVita Southeast Portfolio | Various | Various | Various | Various | Various | 4 | Office | Medical | Various | Various | 34,575 | Square Feet | 100.0% | 06/06/20 | 13,700,000 | Various | 58.6% | 8,025,000 | 232 | 8,025,000 | 232 | 1.1% |
28.01 | LCM | 4751 West Fuqua Street | 4751 West Fuqua Street | Houston | TX | 77045 | Harris | 1 | Office | Medical | 2018 | 8,818 | Square Feet | 100.0% | 06/06/20 | 3,750,000 | 12/04/19 | 2,200,000 | 2,200,000 | 0.3% | ||||
28.02 | LCM | 205 Belle Meade Point | 205B Belle Meade Point | Flowood | MS | 39232 | Rankin | 1 | Office | Medical | 2006 | 2019 | 11,040 | Square Feet | 100.0% | 06/06/20 | 3,450,000 | 11/19/19 | 2,050,000 | 2,050,000 | 0.3% | |||
28.03 | LCM | 3530 Rowe Lane | 3530 Rowe Lane | Cumming | GA | 30041 | Forsyth | 1 | Office | Medical | 2019 | 7,378 | Square Feet | 100.0% | 06/06/20 | 3,450,000 | 11/19/19 | 1,975,000 | 1,975,000 | 0.3% | ||||
28.04 | LCM | 5552 Platt Springs Road | 5552 Platt Springs Road | Lexington | SC | 29073 | Lexington | 1 | Office | Medical | 2018 | 7,339 | Square Feet | 100.0% | 06/06/20 | 3,050,000 | 11/19/19 | 1,800,000 | 1,800,000 | 0.2% | ||||
29 | GSMC | Caton Crossings | 2300 South Route 59 | Plainfield | IL | 60586 | Will | 1 | Retail | Anchored | 1998 | 83,799 | Square Feet | 100.0% | 01/07/20 | 12,000,000 | 01/17/20 | 64.8% | 7,800,000 | 93 | 7,775,488 | 93 | 1.1% | |
30 | GSMC | Midland Atlantic Portfolio | Various | Various | Various | Various | Various | 6 | Retail | Various | Various | Various | 552,154 | Square Feet | 88.1% | 12/20/19 | 64,150,000 | Various | 70.1% | 7,500,000 | 81 | 7,500,000 | 81 | 1.0% |
30.01 | GSMC | Parkside Square | 3100 Bienville Boulevard | Ocean Springs | MS | 39564 | Jackson | 1 | Retail | Anchored | 1989 | 2008 | 150,346 | Square Feet | 100.0% | 12/20/19 | 17,100,000 | 11/16/19 | 1,999,221 | 1,999,221 | 0.3% | |||
30.02 | GSMC | Maysville Marketsquare | 381-385 Market Square Drive | Maysville | KY | 41056 | Mason | 1 | Retail | Anchored | 1993 | 144,945 | Square Feet | 81.7% | 12/20/19 | 14,425,000 | 11/19/19 | 1,686,477 | 1,686,477 | 0.2% | ||||
30.03 | GSMC | Pinecrest Pointe | 9101 Leesville Road | Raleigh | NC | 27613 | Wake | 1 | Retail | Anchored | 1988 | 89,226 | Square Feet | 89.2% | 12/20/19 | 14,100,000 | 11/22/19 | 1,648,480 | 1,648,480 | 0.2% | ||||
30.04 | GSMC | Valleydale Marketplace | 2653 Valleydale Road | Hoover | AL | 35244 | Shelby | 1 | Retail | Anchored | 1993 | 67,854 | Square Feet | 96.5% | 12/20/19 | 8,400,000 | 11/22/19 | 982,073 | 982,073 | 0.1% | ||||
30.05 | GSMC | Putnam Plaza | 1333 Indianapolis Road | Greencastle | IN | 46135 | Putnam | 1 | Retail | Anchored | 1985 | 75,179 | Square Feet | 70.5% | 12/20/19 | 6,950,000 | 11/21/19 | 812,549 | 812,549 | 0.1% | ||||
30.06 | GSMC | Heritage Plaza | 3101 Heritage Green Drive | Monroe | OH | 45050 | Butler | 1 | Retail | Shadow Anchored | 2005 | 24,604 | Square Feet | 79.7% | 12/20/19 | 3,175,000 | 11/20/19 | 371,200 | 371,200 | 0.1% | ||||
31 | LCM | Guidepost Montessori | 1450 63rd Street | Emeryville | CA | 94608 | Alameda | 1 | Office | Suburban | 1913, 1951 | 2015 | 12,000 | Square Feet | 100.0% | 06/06/20 | 9,800,000 | 10/03/19 | 67.3% | 6,600,000 | 550 | 6,600,000 | 550 | 0.9% |
32 | LCM | Maple Grove RV Resort | 12403 & 12417 Highway 99 | Everett | WA | 98204 | Snohomish | 1 | Manufactured Housing | Manufactured Housing | 2002 | 2015 | 89 | Pads | 82.0% | 11/30/19 | 13,500,000 | 11/25/19 | 42.2% | 5,700,000 | 64,045 | 5,700,000 | 64,045 | 0.8% |
33 | JPMCB | 278 Court Street | 278 Court Street | Brooklyn | NY | 11231 | Kings | 1 | Mixed Use | Multifamily/Retail | 1900 | 2018 | 3 | Units | 100.0% | 03/31/20 | 7,300,000 | 12/20/19 | 69.2% | 5,050,000 | 1,683,333 | 5,050,000 | 1,683,333 | 0.7% |
34 | LCM | Willow Lake Tech Center | 400-444 East State Parkway | Schaumburg | IL | 60173 | Cook | 1 | Industrial | Flex | 1997 | 2017 | 105,007 | Square Feet | 95.8% | 10/17/19 | 7,210,000 | 11/06/19 | 68.7% | 5,000,000 | 48 | 4,954,198 | 47 | 0.7% |
A-1-1
ANNEX A-1
Loan # | Seller(1) | Property Name | Crossed Loan | Related Borrower(8) | Interest Rate %(9) | Admin.Fee %(9) | Net Mortgage Rate %(9) | Accrual Type | Monthly Debt Service ($)(10)(11) | Annual Debt Service ($)(11) | Note Date | First Payment Date | Partial IO Last IO Payment | Partial IO Loan First P&I Payment | Rem. Term | Rem. Amort | I/O Period | Seasoning | Payment Due Date | Grace Period (Late Payment)(12) | Grace Period (Default)(12) | Maturity Date | ARD Loan | Final Maturity Date | Maturity/ARD Balance ($)(6) | Maturity LTV %(5) | Prepayment Provision (Payments)(13) | |
1 | LCM | LA County Office Portfolio | No | No | 4.19300 | 0.01725 | 4.17575 | Actual/360 | 337,140.00 | 4,045,680.00 | 01/09/20 | 03/06/20 | 02/06/24 | 03/06/24 | 116 | 360 | 48 | 4 | 6 | 0 | 0 | 02/06/30 | No | 02/06/30 | 61,426,831 | 60.5% | L(28),Def(88),O(4) | |
1.01 | LCM | 29903 Agoura Road | 18,383,537 | |||||||||||||||||||||||||
1.02 | LCM | 29899 Agoura Road | 15,721,708 | |||||||||||||||||||||||||
1.03 | LCM | 5230 Las Virgenes Road | 12,089,513 | |||||||||||||||||||||||||
1.04 | LCM | 5855 Topanga Canyon Boulevard | 9,071,586 | |||||||||||||||||||||||||
1.05 | LCM | 29901 Agoura Road | 6,160,488 | |||||||||||||||||||||||||
2 | JPMCB/GACC/GSMC | 1633 Broadway | No | No | 2.99000 | 0.01365 | 2.97635 | Actual/360 | 145,260.71 | 1,743,128.52 | 11/25/19 | 01/06/20 | 114 | 0 | 120 | 6 | 6 | 0 | 0 | 12/06/29 | No | 12/06/29 | 57,500,000 | 41.7% | L(30),Def(83),O(7) | |||
3 | GACC | 675 Creekside Way | No | No | 3.69000 | 0.01725 | 3.67275 | Actual/360 | 135,308.54 | 1,623,702.48 | 03/02/20 | 04/06/20 | 81 | 0 | 84 | 3 | 6 | 0 | 0 | 03/06/27 | No | 03/06/27 | 43,400,000 | 58.3% | L(27),Def(53),O(4) | |||
4 | LCM | Hampton Roads Office Portfolio | No | No | 5.30000 | 0.01365 | 5.28635 | Actual/360 | 235,751.64 | 2,829,019.68 | 03/28/19 | 05/06/19 | 106 | 346 | 0 | 14 | 6 | 0 | 0 | 04/06/29 | No | 04/06/29 | 36,094,223 | 60.3% | L(38),Grtr1%orYM(79),O(3) | |||
4.01 | LCM | 510 Independence Parkway | 2,993,378 | |||||||||||||||||||||||||
4.02 | LCM | 676 Independence Parkway | 2,987,950 | |||||||||||||||||||||||||
4.03 | LCM | 700 Independence Parkway | 2,456,036 | |||||||||||||||||||||||||
4.04 | LCM | 1309 Executive Boulevard | 2,108,663 | |||||||||||||||||||||||||
4.05 | LCM | 1317 Executive Boulevard | 2,051,672 | |||||||||||||||||||||||||
4.06 | LCM | 200 Golden Oak Court | 1,970,256 | |||||||||||||||||||||||||
4.07 | LCM | 1301 Executive Boulevard | 1,918,693 | |||||||||||||||||||||||||
4.08 | LCM | 505 Independence Parkway | 1,902,410 | |||||||||||||||||||||||||
4.09 | LCM | 1313 Executive Boulevard | 1,726,009 | |||||||||||||||||||||||||
4.10 | LCM | 208 Golden Oak Court | 1,712,440 | |||||||||||||||||||||||||
4.11 | LCM | 1305 Executive Boulevard | 1,652,735 | |||||||||||||||||||||||||
4.12 | LCM | 500 Independence Parkway | 1,628,311 | |||||||||||||||||||||||||
4.13 | LCM | 501 Independence Parkway | 1,595,745 | |||||||||||||||||||||||||
4.14 | LCM | 1 Enterprise Parkway | 1,479,049 | |||||||||||||||||||||||||
4.15 | LCM | 1457 Miller Store Road | 1,373,209 | |||||||||||||||||||||||||
4.16 | LCM | 2809 South Lynnhaven Road | 1,183,239 | |||||||||||||||||||||||||
4.17 | LCM | 22 Enterprise Parkway | 1,123,534 | |||||||||||||||||||||||||
4.18 | LCM | 521 Butler Farm Road | 1,107,251 | |||||||||||||||||||||||||
4.19 | LCM | 21 Enterprise Parkway | 1,036,691 | |||||||||||||||||||||||||
4.20 | LCM | 484 Viking Drive | 1,025,836 | |||||||||||||||||||||||||
4.21 | LCM | 629 Phoenix Drive | 716,457 | |||||||||||||||||||||||||
4.22 | LCM | 5 Manhattan Square | 344,659 | |||||||||||||||||||||||||
5 | GSMC | 711 Fifth Avenue | No | No | 3.16000 | 0.01365 | 3.14635 | Actual/360 | 106,796.30 | 1,281,555.60 | 03/06/20 | 04/06/20 | 117 | 0 | 120 | 3 | 6 | 0 | 0 | 03/06/30 | No | 03/06/30 | 40,000,000 | 54.5% | L(27),Def(86),O(7) | |||
6 | GACC | BX Industrial Portfolio | No | No | 3.55000 | 0.01365 | 3.53635 | Actual/360 | 112,178.36 | 1,346,140.32 | 05/13/20 | 06/09/20 | 76 | 0 | 77 | 1 | 9 | 0 | 0 | 10/09/26 | No | 10/09/26 | 37,400,000 | 39.6% | Grtr1%orYM(70),O(7) | |||
6.01 | GACC | Bridgewater Center 1 | 2,542,854 | |||||||||||||||||||||||||
6.02 | GACC | 401 E Laraway Rd | 1,662,484 | |||||||||||||||||||||||||
6.03 | GACC | Rochelle 1 | 1,359,857 | |||||||||||||||||||||||||
6.04 | GACC | 350A Salem Church Rd | 1,296,974 | |||||||||||||||||||||||||
6.05 | GACC | Romeoville Bldg 1 | 1,182,997 | |||||||||||||||||||||||||
6.06 | GACC | 251 E Laraway Rd | 1,143,695 | |||||||||||||||||||||||||
6.07 | GACC | 7940 Kentucky | 1,139,765 | |||||||||||||||||||||||||
6.08 | GACC | Mountain Top Distribution Center 2 | 947,184 | |||||||||||||||||||||||||
6.09 | GACC | Enterprise Parkway | 919,672 | |||||||||||||||||||||||||
6.10 | GACC | Cavalier I | 907,881 | |||||||||||||||||||||||||
6.11 | GACC | 1910 International | 817,486 | |||||||||||||||||||||||||
6.12 | GACC | Glen Dale | 754,603 | |||||||||||||||||||||||||
6.13 | GACC | Romeoville Bldg 2 | 742,812 | |||||||||||||||||||||||||
6.14 | GACC | Enterprise Distribution Center 1 | 687,789 | |||||||||||||||||||||||||
6.15 | GACC | 2270 Woodale | 672,068 | |||||||||||||||||||||||||
6.16 | GACC | 2950 Lexington Ave South | 660,277 | |||||||||||||||||||||||||
6.17 | GACC | Rivers Bend Center 1B | 656,347 | |||||||||||||||||||||||||
6.18 | GACC | DFW Logistics Center (Bldg 4) | 644,557 | |||||||||||||||||||||||||
6.19 | GACC | Rivers Bend Center 1C | 620,975 | |||||||||||||||||||||||||
6.20 | GACC | Territorial | 609,185 | |||||||||||||||||||||||||
6.21 | GACC | Diamond Hill 2 | 605,254 | |||||||||||||||||||||||||
6.22 | GACC | Rivers Bend Center 2A | 597,394 | |||||||||||||||||||||||||
6.23 | GACC | Rivers Bend Center 1A | 589,533 | |||||||||||||||||||||||||
6.24 | GACC | Diamond Hill 3 | 585,603 | |||||||||||||||||||||||||
6.25 | GACC | Whippany Business Center 1 | 577,743 | |||||||||||||||||||||||||
6.26 | GACC | The Colony Land | 558,092 | |||||||||||||||||||||||||
6.27 | GACC | Shawnee Distribution Center 1 | 554,161 | |||||||||||||||||||||||||
6.28 | GACC | Rivers Bend Center 2B | 546,301 | |||||||||||||||||||||||||
6.29 | GACC | 7930 Kentucky | 542,371 | |||||||||||||||||||||||||
6.30 | GACC | Dues Dr Distribution Center 1 | 534,510 | |||||||||||||||||||||||||
6.31 | GACC | Gibraltar | 530,580 | |||||||||||||||||||||||||
6.32 | GACC | Diamond Hill 1 | 530,580 | |||||||||||||||||||||||||
6.33 | GACC | DFW Logistics Center (Bldg 3) | 530,580 | |||||||||||||||||||||||||
6.34 | GACC | Elk Grove Distribution Center 1 | 514,859 | |||||||||||||||||||||||||
6.35 | GACC | 1000 Lucas Way | 514,859 | |||||||||||||||||||||||||
6.36 | GACC | Lakeview | 510,929 | |||||||||||||||||||||||||
6.37 | GACC | DFW Logistics Center (Bldg 5) | 483,417 | |||||||||||||||||||||||||
6.38 | GACC | 9756 International | 459,836 | |||||||||||||||||||||||||
6.39 | GACC | 350B Salem Church Rd | 432,325 | |||||||||||||||||||||||||
6.40 | GACC | 6105 Trenton Ln | 432,325 | |||||||||||||||||||||||||
6.41 | GACC | 300 Salem Church Rd | 428,394 | |||||||||||||||||||||||||
6.42 | GACC | Tower | 424,464 | |||||||||||||||||||||||||
6.43 | GACC | 1940 Fernbrook Ln | 424,464 | |||||||||||||||||||||||||
6.44 | GACC | Production Distribution Center 1 | 412,673 | |||||||||||||||||||||||||
6.45 | GACC | Culpeper | 408,743 | |||||||||||||||||||||||||
6.46 | GACC | Fairfield Distribution Center 1 | 404,813 | |||||||||||||||||||||||||
6.47 | GACC | Cavalier II | 396,953 | |||||||||||||||||||||||||
6.48 | GACC | World Park II | 353,720 | |||||||||||||||||||||||||
6.49 | GACC | Diamond Hill 4 | 345,860 | |||||||||||||||||||||||||
6.50 | GACC | 2290-2298 Woodale | 322,278 | |||||||||||||||||||||||||
6.51 | GACC | 514 Butler Rd | 314,418 | |||||||||||||||||||||||||
6.52 | GACC | Northridge II | 298,697 | |||||||||||||||||||||||||
6.53 | GACC | 2222 Woodale | 286,906 | |||||||||||||||||||||||||
6.54 | GACC | Northridge I | 275,116 | |||||||||||||||||||||||||
6.55 | GACC | Romeoville Distribution Center 1 | 259,395 | |||||||||||||||||||||||||
6.56 | GACC | 1825 Airport Exchange | 235,813 | |||||||||||||||||||||||||
6.57 | GACC | 7453 Empire - Bldg C | 227,953 | |||||||||||||||||||||||||
6.58 | GACC | Rivers Bend Center 1D | 204,372 | |||||||||||||||||||||||||
6.59 | GACC | Heathrow | 192,581 | |||||||||||||||||||||||||
6.60 | GACC | 2240-2250 Woodale | 165,069 | |||||||||||||||||||||||||
6.61 | GACC | 273 Industrial Way | 143,453 | |||||||||||||||||||||||||
6.62 | GACC | 7453 Empire - Bldg B | 137,558 | |||||||||||||||||||||||||
6.63 | GACC | 7453 Empire - Bldg A | 119,872 | |||||||||||||||||||||||||
6.64 | GACC | Rivers Bend Center - Land | 15,721 | |||||||||||||||||||||||||
6.65 | GACC | Production Distribution Center 1B | 0 | |||||||||||||||||||||||||
6.66 | GACC | Bridgewater Center 2 | 0 | |||||||||||||||||||||||||
6.67 | GACC | Laraway Land 1 | 0 | |||||||||||||||||||||||||
6.68 | GACC | Laraway Land 2 | 0 | |||||||||||||||||||||||||
7 | LCM | Whitehall III & V | No | No | 3.69300 | 0.01725 | 3.67575 | Actual/360 | 167,858.81 | 2,014,305.72 | 11/25/19 | 01/06/20 | 114 | 354 | 0 | 6 | 6 | 0 | 0 | 12/06/29 | No | 12/06/29 | 28,671,599 | 50.4% | L(30),Def(86),O(4) | |||
8 | JPMCB | Frick Building | No | No | 3.70000 | 0.01725 | 3.68275 | Actual/360 | 162,249.75 | 1,946,997.00 | 02/28/20 | 04/01/20 | 03/01/22 | 04/01/22 | 117 | 360 | 24 | 3 | 1 | 0 | 0 | 03/01/30 | No | 03/01/30 | 29,442,370 | 58.9% | L(27),Def(90),O(3) | |
9 | LCM | Peace Coliseum | No | No | 4.24200 | 0.01725 | 4.22475 | Actual/360 | 123,651.35 | 1,483,816.20 | 03/06/20 | 04/06/20 | 117 | 0 | 120 | 3 | 6 | 0 | 0 | 03/06/30 | No | 03/06/30 | 34,500,000 | 43.1% | L(27),Def(89),O(4) | |||
10 | JPMCB | Chase Center Tower I | Group A | Yes - Group 1 | 3.52190 | 0.01365 | 3.50825 | Actual/360 | 54,198.28 | 650,379.36 | 03/12/20 | 05/10/20 | 57 | 0 | 59 | 2 | 10 | 0 | 0 | 03/10/25 | No | 03/10/25 | 18,213,750 | 31.3% | L(26),Def(29),O(4) | |||
11 | JPMCB | Chase Center Tower II | Group A | Yes - Group 1 | 3.52220 | 0.01365 | 3.50855 | Actual/360 | 46,234.84 | 554,818.08 | 03/12/20 | 05/10/20 | 57 | 0 | 59 | 2 | 10 | 0 | 0 | 03/10/25 | No | 03/10/25 | 15,536,250 | 31.3% | L(26),Def(29),O(4) | |||
12 | LCM | Los Angeles Leased Fee Portfolio | No | No | 3.50000 | 0.01365 | 3.48635 | Actual/360 | 70,972.22 | 851,666.64 | 08/28/19 | 10/06/19 | 111 | 0 | 120 | 9 | 6 | 0 | 0 | 09/06/29 | No | 09/06/29 | 24,000,000 | 63.0% | L(33),Def(83),O(4) | |||
12.01 | LCM | 5901 West Century Boulevard | 3,868,235 | |||||||||||||||||||||||||
12.02 | LCM | 5959 West Century Boulevard | 3,388,235 | |||||||||||||||||||||||||
12.03 | LCM | 6151 West Century Boulevard | 3,190,588 | |||||||||||||||||||||||||
12.04 | LCM | 5933 West Century Boulevard | 2,908,235 | |||||||||||||||||||||||||
12.05 | LCM | 5940 West 98th Street | 2,795,294 | |||||||||||||||||||||||||
12.06 | LCM | 9801 Airport Boulevard | 2,682,353 | |||||||||||||||||||||||||
12.07 | LCM | 6144 West 98th Street | 2,654,118 | |||||||||||||||||||||||||
12.08 | LCM | 5960 West 98th Street | 2,512,941 | |||||||||||||||||||||||||
13 | JPMCB | 1340 Concord | No | No | 4.15000 | 0.04725 | 4.10275 | Actual/360 | 77,140.05 | 925,680.60 | 07/25/19 | 09/01/19 | 110 | 0 | 120 | 10 | 1 | 0 | 0 | 08/01/29 | No | 08/01/29 | 22,000,000 | 67.5% | L(34),Def(82),O(4) | |||
14 | LCM | 1333 Main Street | No | No | 3.68550 | 0.01725 | 3.66825 | Actual/360 | 94,189.97 | 1,130,279.64 | 02/27/20 | 04/06/20 | 03/06/25 | 04/06/25 | 117 | 360 | 60 | 3 | 6 | 0 | 0 | 03/06/30 | No | 03/06/30 | 18,503,657 | 62.7% | L(27),Def(90),O(3) | |
15 | GSMC | City National Plaza | No | No | 2.44000 | 0.01365 | 2.42635 | Actual/360 | 41,231.48 | 494,777.76 | 03/25/20 | 05/01/20 | 118 | 0 | 120 | 2 | 1 | 5 days grace, two times per calendar year, other than the payment due on the Maturity Date | 0 | 04/01/30 | No | 04/01/30 | 20,000,000 | 41.4% | Grtr1%orYM(26),DeforGrtr1%orYM(87),O(7) | |||
16 | GSMC | Moffett Towers Buildings A, B & C | No | No | 3.49000 | 0.01365 | 3.47635 | Actual/360 | 58,974.54 | 707,694.48 | 02/06/20 | 03/06/20 | 116 | 0 | 120 | 4 | 6 | 0 | 0 | 02/06/30 | No | 02/06/30 | 20,000,000 | 38.7% | L(24),Grtr1%orYM(4),DeforGrtr1%orYM(85),O(7) | |||
16.01 | GSMC | Moffett Towers Building B | 6,883,117 | |||||||||||||||||||||||||
16.02 | GSMC | Moffett Towers Building C | 6,883,117 | |||||||||||||||||||||||||
16.03 | GSMC | Moffett Towers Building A | 6,233,766 | |||||||||||||||||||||||||
17 | GACC | Roscoe Office | No | No | 3.98500 | 0.01725 | 3.96775 | Actual/360 | 62,288.69 | 747,464.28 | 02/13/20 | 04/06/20 | 117 | 0 | 120 | 3 | 6 | 0 | 0 | 03/06/30 | No | 03/06/30 | 18,500,000 | 60.3% | L(27),Def(88),O(5) | |||
18 | LCM | Lava Ridge Business Center | No | Yes - Group 2 | 3.47000 | 0.01725 | 3.45275 | Actual/360 | 81,645.34 | 979,744.08 | 01/31/20 | 03/06/20 | 02/06/25 | 03/06/25 | 116 | 360 | 60 | 4 | 6 | 0 | 0 | 02/06/30 | No | 02/06/30 | 16,408,030 | 54.9% | L(28),Def(88),O(4) | |
19 | GSMC | PCI Pharma Portfolio | No | No | 3.37900 | 0.01365 | 3.36535 | Actual/360 | 47,820.28 | 573,843.36 | 10/31/19 | 12/06/19 | 113 | 0 | 120 | 7 | 6 | 0 | 0 | 11/06/29 | No | 11/06/29 | 16,750,000 | 65.4% | L(23),Grtr1%orYM(8),DeforGrtr1%orYM(85),O(4) | |||
19.01 | GSMC | 3001 Red Lion Road | 7,580,601 | |||||||||||||||||||||||||
19.02 | GSMC | 4536 & 4545 Assembly Drive | 5,309,449 | |||||||||||||||||||||||||
19.03 | GSMC | 6166 Nancy Ridge Drive | 1,998,614 | |||||||||||||||||||||||||
19.04 | GSMC | 6146 Nancy Ridge Drive | 1,312,221 | |||||||||||||||||||||||||
19.05 | GSMC | 1635 & 1639 New Milford School Road | 549,114 | |||||||||||||||||||||||||
20 | JPMCB | The Oliver | No | No | 3.69000 | 0.01725 | 3.67275 | Actual/360 | 47,077.40 | 564,928.80 | 02/27/20 | 04/01/20 | 117 | 0 | 120 | 3 | 1 | 0 | 0 | 03/01/30 | No | 03/01/30 | 15,100,000 | 54.5% | L(27),Def(89),O(4) | |||
21 | JPMCB | Apollo Education Group HQ Campus | No | No | 3.35000 | 0.01365 | 3.33635 | Actual/360 | 42,456.60 | 509,479.20 | 01/31/20 | 03/05/20 | 56 | 0 | 60 | 4 | 5 | 0 | 0 | 02/05/25 | No | 02/05/25 | 15,000,000 | 47.2% | L(28),Def(29),O(3) | |||
22 | LCM | SHP Building IV | No | No | 4.00700 | 0.01725 | 3.98975 | Actual/360 | 66,177.92 | 794,135.04 | 02/13/20 | 04/06/20 | 03/06/21 | 04/06/21 | 117 | 360 | 12 | 3 | 6 | 0 | 0 | 03/06/30 | No | 03/06/30 | 11,344,427 | 56.2% | L(27),Def(89),O(4) | |
23 | GACC | GIP REIT Portfolio | No | No | 4.17000 | 0.01725 | 4.15275 | Actual/360 | 55,000.35 | 660,004.20 | 02/11/20 | 04/06/20 | 03/06/21 | 04/06/21 | 117 | 360 | 12 | 3 | 6 | 0 | 0 | 03/06/30 | No | 03/06/30 | 9,293,670 | 61.8% | L(27),Def(89),O(4) | |
23.01 | GACC | 15091 Alabama Highway 20 | 5,557,676 | |||||||||||||||||||||||||
23.02 | GACC | 1300 South Dale Mabry Highway | 2,161,319 | |||||||||||||||||||||||||
23.03 | GACC | 3707 14th Street Northwest | 1,574,675 | |||||||||||||||||||||||||
24 | GACC | Staples Headquarters | No | No | 3.11000 | 0.01865 | 3.09135 | Actual/360 | 26,276.62 | 315,319.44 | 01/29/20 | 03/06/20 | 116 | 0 | 120 | 4 | 6 | 0 | 0 | 02/06/30 | No | 02/06/30 | 10,000,000 | 45.5% | L(28),Def(85),O(7) | |||
25 | LCM | NOV Headquarters | No | No | 4.63000 | 0.01365 | 4.61635 | Actual/360 | 39,119.21 | 469,430.52 | 03/29/19 | 05/06/19 | 106 | 0 | 120 | 14 | 6 | 0 | 0 | 04/06/29 | No | 04/06/29 | 10,000,000 | 68.8% | L(38),Def(79),O(3) | |||
26 | GACC | Briarcliff Apartments | No | No | 3.65000 | 0.01725 | 3.63275 | Actual/360 | 40,256.44 | 483,077.28 | 02/24/20 | 04/06/20 | 03/06/21 | 04/06/21 | 117 | 360 | 12 | 3 | 6 | 0 | 0 | 03/06/30 | No | 03/06/30 | 7,124,250 | 41.4% | L(27),Def(9),DeforGrtr1%orYM(79),O(5) | |
27 | GSMC | Stuart’s Crossing | No | Yes - Group 3 | 3.75000 | 0.05725 | 3.69275 | Actual/360 | 38,901.71 | 466,820.52 | 03/10/20 | 05/06/20 | 04/06/25 | 05/06/25 | 118 | 360 | 60 | 2 | 6 | 0 | 0 | 04/06/30 | No | 04/06/30 | 7,590,464 | 57.5% | L(26),Def(89),O(5) | |
28 | LCM | KB Fresenius & DaVita Southeast Portfolio | No | Yes - Group 2 | 3.86000 | 0.01725 | 3.84275 | Actual/360 | 37,667.70 | 452,012.40 | 12/20/19 | 02/06/20 | 01/06/25 | 02/06/25 | 115 | 360 | 60 | 5 | 6 | 0 | 0 | 01/06/30 | No | 01/06/30 | 7,265,189 | 53.0% | L(29),Def(88),O(3) | |
28.01 | LCM | 4751 West Fuqua Street | 1,991,703 | |||||||||||||||||||||||||
28.02 | LCM | 205 Belle Meade Point | 1,855,905 | |||||||||||||||||||||||||
28.03 | LCM | 3530 Rowe Lane | 1,788,006 | |||||||||||||||||||||||||
28.04 | LCM | 5552 Platt Springs Road | 1,629,575 | |||||||||||||||||||||||||
29 | GSMC | Caton Crossings | No | Yes - Group 3 | 3.35000 | 0.05725 | 3.29275 | Actual/360 | 34,375.66 | 412,507.92 | 03/10/20 | 05/06/20 | 118 | 358 | 0 | 2 | 6 | 0 | 0 | 04/06/30 | No | 04/06/30 | 6,047,229 | 50.4% | L(26),Def(89),O(5) | |||
30 | GSMC | Midland Atlantic Portfolio | No | No | 3.95500 | 0.01365 | 3.94135 | Actual/360 | 35,611.85 | 427,342.20 | 12/26/19 | 02/06/20 | 01/06/22 | 02/06/22 | 115 | 360 | 24 | 5 | 6 | 0 | 0 | 01/06/30 | No | 01/06/30 | 6,309,675 | 59.0% | L(29),Def(86),O(5) | |
30.01 | GSMC | Parkside Square | 1,681,924 | |||||||||||||||||||||||||
30.02 | GSMC | Maysville Marketsquare | 1,418,816 | |||||||||||||||||||||||||
30.03 | GSMC | Pinecrest Pointe | 1,386,850 | |||||||||||||||||||||||||
30.04 | GSMC | Valleydale Marketplace | 826,209 | |||||||||||||||||||||||||
30.05 | GSMC | Putnam Plaza | 683,589 | |||||||||||||||||||||||||
30.06 | GSMC | Heritage Plaza | 312,287 | |||||||||||||||||||||||||
31 | LCM | Guidepost Montessori | No | No | 4.17900 | 0.01725 | 4.16175 | Actual/360 | 32,194.29 | 386,331.48 | 11/07/19 | 01/06/20 | 12/06/24 | 01/06/25 | 114 | 360 | 60 | 6 | 6 | 0 | 0 | 12/06/29 | No | 12/06/29 | 6,007,738 | 61.3% | L(30),Def(87),O(3) | |
32 | LCM | Maple Grove RV Resort | No | No | 4.13600 | 0.01725 | 4.11875 | Actual/360 | 19,918.86 | 239,026.32 | 12/31/19 | 02/06/20 | 117 | 0 | 122 | 5 | 6 | 0 | 0 | 03/06/30 | No | 03/06/30 | 5,700,000 | 42.2% | L(29),Def(89),O(4) | |||
33 | JPMCB | 278 Court Street | No | No | 4.15000 | 0.01725 | 4.13275 | Actual/360 | 24,548.22 | 294,578.64 | 02/21/20 | 04/01/20 | 03/01/25 | 04/01/25 | 117 | 360 | 60 | 3 | 1 | 0 | 0 | 03/01/30 | No | 03/01/30 | 4,594,845 | 62.9% | L(27),Def(89),O(4) | |
34 | LCM | Willow Lake Tech Center | No | No | 3.53400 | 0.01725 | 3.51675 | Actual/360 | 22,547.24 | 270,566.88 | 12/03/19 | 01/06/20 | 114 | 354 | 0 | 6 | 6 | 0 | 0 | 12/06/29 | No | 12/06/29 | 3,904,217 | 54.2% | L(30),Def(86),O(4) | |||
A-1-2
ANNEX A-1
HISTORICAL FINANCIALS(14) | |||||||||||||||||||||||||
Loan # | Seller(1) | Property Name | 2017 Revenues ($) | 2017 Total Expenses ($) | 2017 NOI ($) | 2018 Revenues ($) | 2018 Total Expenses ($) | 2018 NOI ($) | 2019 Revenues ($) | 2019 Total Expenses ($) | 2019 NOI ($) | Most Recent Revenues ($) | Most Recent Total Expenses ($) | Most Recent NOI ($)(15) | As of | UW Economic Occupancy % | UW Revenues ($)(4) | UW Total Expenses ($) | UW NOI ($)(4)(15) | UW Capital Items ($) | UW NCF ($)(4) | UW NOI DSCR(16) | UW NCF DSCR(16) | UW NOI Debt Yield % | UW NCF Debt Yield % |
1 | LCM | LA County Office Portfolio | 9,162,941 | 3,434,355 | 5,728,586 | 9,720,766 | 3,852,618 | 5,868,148 | 10,292,066 | 3,985,881 | 6,306,185 | 91.6% | 10,574,259 | 4,259,991 | 6,314,268 | 711,934 | 5,602,334 | 1.56 | 1.38 | 9.2% | 8.1% | ||||
1.01 | LCM | 29903 Agoura Road | 2,705,335 | 1,056,123 | 1,649,212 | 3,169,534 | 1,086,109 | 2,083,425 | 2,920,324 | 1,146,467 | 1,773,857 | 91.4% | 3,056,698 | 1,178,812 | 1,877,886 | 182,985 | 1,694,901 | ||||||||
1.02 | LCM | 29899 Agoura Road | 2,398,372 | 712,751 | 1,685,621 | 2,558,686 | 754,057 | 1,804,629 | 2,662,801 | 765,508 | 1,897,293 | 91.4% | 2,672,976 | 905,481 | 1,767,495 | 145,347 | 1,622,148 | ||||||||
1.03 | LCM | 5230 Las Virgenes Road | 2,181,166 | 903,618 | 1,277,548 | 2,252,080 | 899,621 | 1,352,459 | 2,195,679 | 914,829 | 1,280,850 | 91.4% | 2,073,113 | 961,029 | 1,112,084 | 175,807 | 936,276 | ||||||||
1.04 | LCM | 5855 Topanga Canyon Boulevard | 1,219,694 | 726,087 | 493,607 | 1,103,300 | 744,713 | 358,587 | 1,541,078 | 772,206 | 768,872 | 92.6% | 1,740,799 | 805,970 | 934,829 | 131,607 | 803,222 | ||||||||
1.05 | LCM | 29901 Agoura Road | 658,374 | 35,776 | 622,598 | 637,166 | 368,118 | 269,048 | 972,184 | 386,871 | 585,313 | 91.4% | 1,030,673 | 408,699 | 621,974 | 76,188 | 545,786 | ||||||||
2 | JPMCB/GACC/GSMC | 1633 Broadway | 159,464,803 | 65,274,796 | 94,190,007 | 179,219,236 | 70,120,786 | 109,098,450 | 182,760,348 | 71,951,033 | 110,809,315 | 184,447,000 | 73,621,000 | 110,826,000 | 05/31/20 | 95.9% | 190,585,947 | 71,435,784 | 119,150,163 | 2,472,436 | 116,677,727 | 3.93 | 3.84 | 11.9% | 11.7% |
3 | GACC | 675 Creekside Way | 95.0% | 10,300,299 | 2,397,845 | 7,902,454 | 35,563 | 7,866,891 | 2.53 | 2.52 | 9.5% | 9.4% | |||||||||||||
4 | LCM | Hampton Roads Office Portfolio | 21,087,480 | 8,021,316 | 13,066,165 | 22,024,884 | 8,557,697 | 13,467,187 | 21,987,290 | 8,175,801 | 13,811,489 | 03/31/20 | 86.4% | 22,491,550 | 8,208,420 | 14,283,130 | 1,999,510 | 12,283,620 | 1.63 | 1.40 | 10.9% | 9.4% | |||
4.01 | LCM | 510 Independence Parkway | 1,560,495 | 427,404 | 1,133,091 | 1,586,135 | 466,558 | 1,119,577 | 1,428,893 | 485,055 | 943,839 | 03/31/20 | 89.9% | 1,641,235 | 464,172 | 1,177,063 | 149,607 | 1,027,456 | |||||||
4.02 | LCM | 676 Independence Parkway | 1,639,675 | 536,448 | 1,103,227 | 1,786,101 | 595,649 | 1,190,452 | 1,726,531 | 523,616 | 1,202,914 | 03/31/20 | 95.0% | 1,734,449 | 566,305 | 1,168,144 | 124,013 | 1,044,131 | |||||||
4.03 | LCM | 700 Independence Parkway | 943,328 | 370,585 | 572,743 | 1,108,787 | 444,909 | 663,878 | 1,501,891 | 454,145 | 1,047,745 | 03/31/20 | 95.0% | 1,552,007 | 460,658 | 1,091,349 | 151,036 | 940,313 | |||||||
4.04 | LCM | 1309 Executive Boulevard | 1,170,430 | 371,764 | 798,666 | 1,186,584 | 383,410 | 803,173 | 1,179,550 | 346,019 | 833,531 | 03/31/20 | 95.0% | 1,140,747 | 347,270 | 793,477 | 83,070 | 710,407 | |||||||
4.05 | LCM | 1317 Executive Boulevard | 1,620,996 | 588,889 | 1,032,107 | 1,466,124 | 612,494 | 853,631 | 1,134,862 | 563,771 | 571,091 | 03/31/20 | 95.0% | 1,703,553 | 579,811 | 1,123,742 | 117,489 | 1,006,253 | |||||||
4.06 | LCM | 200 Golden Oak Court | 1,300,078 | 490,691 | 809,386 | 1,351,961 | 521,636 | 830,325 | 1,272,854 | 508,962 | 763,892 | 03/31/20 | 84.8% | 1,315,851 | 511,023 | 804,828 | 119,187 | 685,641 | |||||||
4.07 | LCM | 1301 Executive Boulevard | 1,015,339 | 402,338 | 613,000 | 1,108,777 | 419,587 | 689,190 | 1,165,699 | 409,503 | 756,196 | 03/31/20 | 95.0% | 1,158,540 | 430,355 | 728,185 | 80,378 | 647,807 | |||||||
4.08 | LCM | 505 Independence Parkway | 1,100,430 | 484,996 | 615,433 | 1,370,119 | 516,051 | 854,069 | 1,243,755 | 513,057 | 730,698 | 03/31/20 | 95.0% | 1,276,818 | 506,992 | 769,826 | 105,340 | 664,487 | |||||||
4.09 | LCM | 1313 Executive Boulevard | 935,774 | 232,405 | 703,369 | 940,845 | 262,226 | 678,619 | 941,702 | 233,150 | 708,552 | 03/31/20 | 95.0% | 913,640 | 245,927 | 667,712 | 79,854 | 587,859 | |||||||
4.10 | LCM | 208 Golden Oak Court | 971,501 | 419,453 | 552,049 | 1,010,043 | 467,635 | 542,408 | 1,204,429 | 446,711 | 757,718 | 03/31/20 | 94.0% | 1,163,614 | 448,022 | 715,592 | 102,981 | 612,611 | |||||||
4.11 | LCM | 1305 Executive Boulevard | 981,211 | 420,688 | 560,523 | 1,005,548 | 418,112 | 587,436 | 1,101,790 | 373,412 | 728,378 | 03/31/20 | 80.8% | 877,947 | 407,712 | 470,235 | 78,642 | 391,593 | |||||||
4.12 | LCM | 500 Independence Parkway | 905,425 | 213,630 | 691,794 | 849,276 | 218,638 | 630,638 | 874,273 | 217,779 | 656,495 | 03/31/20 | 95.0% | 855,826 | 201,768 | 654,058 | 80,784 | 573,274 | |||||||
4.13 | LCM | 501 Independence Parkway | 943,770 | 445,414 | 498,356 | 950,114 | 486,336 | 463,777 | 1,180,809 | 506,104 | 674,705 | 03/31/20 | 90.4% | 1,247,637 | 504,547 | 743,090 | 95,336 | 647,755 | |||||||
4.14 | LCM | 1 Enterprise Parkway | 998,590 | 431,069 | 567,521 | 1,027,873 | 445,366 | 582,506 | 847,926 | 428,452 | 419,474 | 03/31/20 | 66.3% | 797,415 | 436,790 | 360,625 | 92,667 | 267,958 | |||||||
4.15 | LCM | 1457 Miller Store Road | 677,603 | 165,407 | 512,196 | 642,571 | 171,150 | 471,421 | 703,003 | 164,551 | 538,452 | 03/31/20 | 95.0% | 682,520 | 160,590 | 521,930 | 96,224 | 425,707 | |||||||
4.16 | LCM | 2809 South Lynnhaven Road | 1,044,441 | 415,783 | 628,659 | 1,080,955 | 440,144 | 640,811 | 1,039,635 | 398,244 | 641,391 | 03/31/20 | 75.9% | 993,473 | 420,842 | 572,631 | 90,710 | 481,921 | |||||||
4.17 | LCM | 22 Enterprise Parkway | 749,544 | 441,320 | 308,224 | 888,388 | 474,254 | 414,134 | 1,008,981 | 435,317 | 573,663 | 03/31/20 | 76.3% | 1,027,606 | 456,302 | 571,304 | 98,517 | 472,787 | |||||||
4.18 | LCM | 521 Butler Farm Road | 505,491 | 156,326 | 349,165 | 541,938 | 165,401 | 376,537 | 582,334 | 172,230 | 410,104 | 03/31/20 | 95.0% | 567,856 | 140,351 | 427,505 | 67,484 | 360,021 | |||||||
4.19 | LCM | 21 Enterprise Parkway | 796,186 | 502,490 | 293,696 | 852,808 | 519,379 | 333,429 | 838,356 | 478,156 | 360,200 | 03/31/20 | 60.0% | 874,882 | 498,244 | 376,638 | 87,547 | 289,091 | |||||||
4.20 | LCM | 484 Viking Drive | 684,812 | 270,724 | 414,088 | 661,008 | 282,155 | 378,853 | 356,596 | 292,703 | 63,893 | 03/31/20 | 44.3% | 358,058 | 224,104 | 133,955 | 35,290 | 98,664 | |||||||
4.21 | LCM | 629 Phoenix Drive | 305,942 | 108,924 | 197,018 | 305,262 | 106,818 | 198,444 | 371,503 | 92,755 | 278,747 | 03/31/20 | 95.0% | 363,187 | 92,851 | 270,336 | 37,978 | 232,358 | |||||||
4.22 | LCM | 5 Manhattan Square | 236,421 | 124,567 | 111,853 | 303,668 | 139,788 | 163,880 | 281,918 | 132,109 | 149,809 | 03/31/20 | 95.0% | 244,690 | 103,786 | 140,904 | 25,375 | 115,529 | |||||||
5 | GSMC | 711 Fifth Avenue | 62,723,555 | 17,358,037 | 45,365,518 | 63,038,695 | 18,950,129 | 44,088,566 | 69,563,590 | 20,967,241 | 48,596,349 | 90.6% | 74,193,553 | 22,888,769 | 51,304,783 | 629,356 | 50,675,427 | 2.94 | 2.90 | 9.4% | 9.3% | ||||
6 | GACC | BX Industrial Portfolio | 58,906,928 | 15,685,910 | 43,221,019 | 58,809,513 | 16,639,572 | 42,169,941 | 66,763,069 | 18,447,435 | 48,315,634 | 68,047,168 | 17,089,007 | 50,958,160 | 03/31/20 | 85.1% | 68,219,859 | 19,321,765 | 48,898,094 | 3,329,314 | 45,568,781 | 3.83 | 3.57 | 12.8% | 12.0% |
6.01 | GACC | Bridgewater Center 1 | |||||||||||||||||||||||
6.02 | GACC | 401 E Laraway Rd | |||||||||||||||||||||||
6.03 | GACC | Rochelle 1 | |||||||||||||||||||||||
6.04 | GACC | 350A Salem Church Rd | |||||||||||||||||||||||
6.05 | GACC | Romeoville Bldg 1 | |||||||||||||||||||||||
6.06 | GACC | 251 E Laraway Rd | |||||||||||||||||||||||
6.07 | GACC | 7940 Kentucky | |||||||||||||||||||||||
6.08 | GACC | Mountain Top Distribution Center 2 | |||||||||||||||||||||||
6.09 | GACC | Enterprise Parkway | |||||||||||||||||||||||
6.10 | GACC | Cavalier I | |||||||||||||||||||||||
6.11 | GACC | 1910 International | |||||||||||||||||||||||
6.12 | GACC | Glen Dale | |||||||||||||||||||||||
6.13 | GACC | Romeoville Bldg 2 | |||||||||||||||||||||||
6.14 | GACC | Enterprise Distribution Center 1 | |||||||||||||||||||||||
6.15 | GACC | 2270 Woodale | |||||||||||||||||||||||
6.16 | GACC | 2950 Lexington Ave South | |||||||||||||||||||||||
6.17 | GACC | Rivers Bend Center 1B | |||||||||||||||||||||||
6.18 | GACC | DFW Logistics Center (Bldg 4) | |||||||||||||||||||||||
6.19 | GACC | Rivers Bend Center 1C | |||||||||||||||||||||||
6.20 | GACC | Territorial | |||||||||||||||||||||||
6.21 | GACC | Diamond Hill 2 | |||||||||||||||||||||||
6.22 | GACC | Rivers Bend Center 2A | |||||||||||||||||||||||
6.23 | GACC | Rivers Bend Center 1A | |||||||||||||||||||||||
6.24 | GACC | Diamond Hill 3 | |||||||||||||||||||||||
6.25 | GACC | Whippany Business Center 1 | |||||||||||||||||||||||
6.26 | GACC | The Colony Land | |||||||||||||||||||||||
6.27 | GACC | Shawnee Distribution Center 1 | |||||||||||||||||||||||
6.28 | GACC | Rivers Bend Center 2B | |||||||||||||||||||||||
6.29 | GACC | 7930 Kentucky | |||||||||||||||||||||||
6.30 | GACC | Dues Dr Distribution Center 1 | |||||||||||||||||||||||
6.31 | GACC | Gibraltar | |||||||||||||||||||||||
6.32 | GACC | Diamond Hill 1 | |||||||||||||||||||||||
6.33 | GACC | DFW Logistics Center (Bldg 3) | |||||||||||||||||||||||
6.34 | GACC | Elk Grove Distribution Center 1 | |||||||||||||||||||||||
6.35 | GACC | 1000 Lucas Way | |||||||||||||||||||||||
6.36 | GACC | Lakeview | |||||||||||||||||||||||
6.37 | GACC | DFW Logistics Center (Bldg 5) | |||||||||||||||||||||||
6.38 | GACC | 9756 International | |||||||||||||||||||||||
6.39 | GACC | 350B Salem Church Rd | |||||||||||||||||||||||
6.40 | GACC | 6105 Trenton Ln | |||||||||||||||||||||||
6.41 | GACC | 300 Salem Church Rd | |||||||||||||||||||||||
6.42 | GACC | Tower | |||||||||||||||||||||||
6.43 | GACC | 1940 Fernbrook Ln | |||||||||||||||||||||||
6.44 | GACC | Production Distribution Center 1 | |||||||||||||||||||||||
6.45 | GACC | Culpeper | |||||||||||||||||||||||
6.46 | GACC | Fairfield Distribution Center 1 | |||||||||||||||||||||||
6.47 | GACC | Cavalier II | |||||||||||||||||||||||
6.48 | GACC | World Park II | |||||||||||||||||||||||
6.49 | GACC | Diamond Hill 4 | |||||||||||||||||||||||
6.50 | GACC | 2290-2298 Woodale | |||||||||||||||||||||||
6.51 | GACC | 514 Butler Rd | |||||||||||||||||||||||
6.52 | GACC | Northridge II | |||||||||||||||||||||||
6.53 | GACC | 2222 Woodale | |||||||||||||||||||||||
6.54 | GACC | Northridge I | |||||||||||||||||||||||
6.55 | GACC | Romeoville Distribution Center 1 | |||||||||||||||||||||||
6.56 | GACC | 1825 Airport Exchange | |||||||||||||||||||||||
6.57 | GACC | 7453 Empire - Bldg C | |||||||||||||||||||||||
6.58 | GACC | Rivers Bend Center 1D | |||||||||||||||||||||||
6.59 | GACC | Heathrow | |||||||||||||||||||||||
6.60 | GACC | 2240-2250 Woodale | |||||||||||||||||||||||
6.61 | GACC | 273 Industrial Way | |||||||||||||||||||||||
6.62 | GACC | 7453 Empire - Bldg B | |||||||||||||||||||||||
6.63 | GACC | 7453 Empire - Bldg A | |||||||||||||||||||||||
6.64 | GACC | Rivers Bend Center - Land | |||||||||||||||||||||||
6.65 | GACC | Production Distribution Center 1B | |||||||||||||||||||||||
6.66 | GACC | Bridgewater Center 2 | |||||||||||||||||||||||
6.67 | GACC | Laraway Land 1 | |||||||||||||||||||||||
6.68 | GACC | Laraway Land 2 | |||||||||||||||||||||||
7 | LCM | Whitehall III & V | 4,986,895 | 2,187,503 | 2,799,392 | 4,566,824 | 2,425,080 | 2,141,744 | 5,056,141 | 2,518,216 | 2,537,925 | 5,460,073 | 2,553,957 | 2,906,116 | 03/31/20 | 90.0% | 6,288,405 | 2,384,341 | 3,904,063 | 503,018 | 3,401,045 | 1.94 | 1.69 | 10.8% | 9.4% |
8 | JPMCB | Frick Building | 6,578,511 | 2,706,532 | 3,871,979 | 6,332,381 | 2,812,957 | 3,519,424 | 6,545,040 | 2,770,758 | 3,774,282 | 6,565,942 | 2,763,992 | 3,801,950 | 03/31/20 | 73.8% | 6,362,831 | 2,754,914 | 3,607,917 | 393,427 | 3,214,491 | 1.85 | 1.65 | 10.2% | 9.1% |
9 | LCM | Peace Coliseum | 92.5% | 6,696,348 | 1,975,278 | 4,721,069 | 374,211 | 4,346,858 | 3.18 | 2.93 | 13.7% | 12.6% | |||||||||||||
10 | JPMCB | Chase Center Tower I | 95.0% | 34,033,485 | 13,734,122 | 20,299,364 | 63,532 | 20,235,832 | 3.89 | 3.87 | 13.9% | 13.8% | |||||||||||||
11 | JPMCB | Chase Center Tower II | 95.0% | 28,809,008 | 11,649,708 | 17,159,300 | 53,710 | 17,105,590 | 3.89 | 3.87 | 13.9% | 13.8% | |||||||||||||
12 | LCM | Los Angeles Leased Fee Portfolio | 3,636,860 | 0 | 3,636,860 | 3,972,571 | 0 | 3,972,571 | 4,160,964 | 0 | 4,160,964 | 06/30/19 | 100.0% | 5,267,904 | 0 | 5,267,904 | 0 | 5,267,904 | 1.75 | 1.75 | 6.2% | 6.2% | |||
12.01 | LCM | 5901 West Century Boulevard | 562,927 | 0 | 562,927 | 613,269 | 0 | 613,269 | 644,732 | 0 | 644,732 | 06/30/19 | 100.0% | 812,081 | 0 | 812,081 | 0 | 812,081 | |||||||
12.02 | LCM | 5959 West Century Boulevard | 491,358 | 0 | 491,358 | 535,299 | 0 | 535,299 | 562,762 | 0 | 562,762 | 06/30/19 | 100.0% | 708,834 | 0 | 708,834 | 0 | 708,834 | |||||||
12.03 | LCM | 6151 West Century Boulevard | 450,000 | 0 | 450,000 | 500,000 | 0 | 500,000 | 500,000 | 0 | 500,000 | 06/30/19 | 100.0% | 680,761 | 0 | 680,761 | 0 | 680,761 | |||||||
12.04 | LCM | 5933 West Century Boulevard | 425,000 | 0 | 425,000 | 450,000 | 0 | 450,000 | 462,500 | 0 | 462,500 | 06/30/19 | 100.0% | 601,110 | 0 | 601,110 | 0 | 601,110 | |||||||
12.05 | LCM | 5940 West 98th Street | 461,976 | 0 | 461,976 | 502,500 | 0 | 502,500 | 536,334 | 0 | 536,334 | 06/30/19 | 100.0% | 660,427 | 0 | 660,427 | 0 | 660,427 | |||||||
12.06 | LCM | 9801 Airport Boulevard | 380,000 | 0 | 380,000 | 417,000 | 0 | 417,000 | 435,500 | 0 | 435,500 | 06/30/19 | 100.0% | 558,210 | 0 | 558,210 | 0 | 558,210 | |||||||
12.07 | LCM | 6144 West 98th Street | 444,388 | 0 | 444,388 | 496,416 | 0 | 496,416 | 529,492 | 0 | 529,492 | 06/30/19 | 100.0% | 644,875 | 0 | 644,875 | 0 | 644,875 | |||||||
12.08 | LCM | 5960 West 98th Street | 421,211 | 0 | 421,211 | 458,087 | 0 | 458,087 | 489,644 | 0 | 489,644 | 06/30/19 | 100.0% | 601,606 | 0 | 601,606 | 0 | 601,606 | |||||||
13 | JPMCB | 1340 Concord | 95.0% | 3,448,952 | 1,421,792 | 2,027,160 | 174,883 | 1,852,277 | 2.19 | 2.00 | 9.2% | 8.4% | |||||||||||||
14 | LCM | 1333 Main Street | 4,314,861 | 2,130,557 | 2,184,303 | 4,324,735 | 2,131,899 | 2,192,836 | 4,573,419 | 2,257,014 | 2,316,405 | 92.0% | 4,729,409 | 2,462,836 | 2,266,573 | 251,308 | 2,015,265 | 2.01 | 1.78 | 11.1% | 9.8% | ||||
15 | GSMC | City National Plaza | 88,008,148 | 49,667,234 | 38,340,914 | 94,160,529 | 51,376,029 | 42,784,500 | 104,745,229 | 52,577,754 | 52,167,475 | 100.0% | 120,349,190 | 52,577,754 | 67,771,436 | 5,355,502 | 62,415,934 | 4.98 | 4.59 | 12.3% | 11.3% | ||||
16 | GSMC | Moffett Towers Buildings A, B & C | 43,554,008 | 12,008,858 | 31,545,149 | 49,341,867 | 11,771,512 | 37,570,355 | 50,292,627 | 12,255,535 | 38,037,092 | 97.0% | 69,255,640 | 11,194,319 | 58,061,321 | 1,211,290 | 56,850,031 | 3.70 | 3.63 | 13.1% | 12.8% | ||||
16.01 | GSMC | Moffett Towers Building B | |||||||||||||||||||||||
16.02 | GSMC | Moffett Towers Building C | |||||||||||||||||||||||
16.03 | GSMC | Moffett Towers Building A | |||||||||||||||||||||||
17 | GACC | Roscoe Office | 2,052,278 | 745,846 | 1,306,432 | 2,080,668 | 770,748 | 1,309,920 | 2,286,406 | 998,105 | 1,288,301 | 2,441,441 | 1,043,139 | 1,398,302 | 04/30/20 | 88.2% | 2,652,109 | 1,054,558 | 1,597,551 | 81,705 | 1,515,846 | 2.14 | 2.03 | 8.6% | 8.2% |
18 | LCM | Lava Ridge Business Center | 2,252,479 | 1,097,754 | 1,154,725 | 2,397,288 | 1,083,017 | 1,314,270 | 2,290,185 | 1,069,823 | 1,220,361 | 89.7% | 3,247,468 | 1,305,196 | 1,942,272 | 53,777 | 1,888,495 | 1.98 | 1.93 | 10.6% | 10.3% | ||||
19 | GSMC | PCI Pharma Portfolio | 95.0% | 10,601,648 | 318,049 | 10,283,599 | 589,942 | 9,693,657 | 2.77 | 2.61 | 9.5% | 8.9% | |||||||||||||
19.01 | GSMC | 3001 Red Lion Road | 95.0% | 4,723,284 | 141,699 | 4,581,586 | 194,445 | 4,387,141 | |||||||||||||||||
19.02 | GSMC | 4536 & 4545 Assembly Drive | 95.0% | 3,410,581 | 102,317 | 3,308,263 | 334,254 | 2,974,009 | |||||||||||||||||
19.03 | GSMC | 6166 Nancy Ridge Drive | 95.0% | 1,300,934 | 39,028 | 1,261,906 | 16,349 | 1,245,557 | |||||||||||||||||
19.04 | GSMC | 6146 Nancy Ridge Drive | 95.0% | 857,888 | 25,737 | 832,151 | 10,781 | 821,370 | |||||||||||||||||
19.05 | GSMC | 1635 & 1639 New Milford School Road | 95.0% | 308,962 | 9,269 | 299,693 | 34,113 | 265,580 | |||||||||||||||||
20 | JPMCB | The Oliver | 1,629,132 | 414,139 | 1,214,993 | 1,718,286 | 431,575 | 1,286,711 | 96.5% | 1,738,570 | 504,301 | 1,234,270 | 6,867 | 1,227,403 | 2.18 | 2.17 | 8.2% | 8.1% | |||||||
21 | JPMCB | Apollo Education Group HQ Campus | 95.0% | 13,609,674 | 0 | 13,609,674 | 719,597 | 12,890,078 | 4.38 | 4.15 | 14.9% | 14.1% | |||||||||||||
22 | LCM | SHP Building IV | 505,718 | 172,843 | 332,875 | 1,456,217 | 298,712 | 1,157,505 | 11/30/19 | 90.0% | 1,495,119 | 280,122 | 1,214,997 | 64,814 | 1,150,183 | 1.53 | 1.45 | 8.8% | 8.3% | ||||||
23 | GACC | GIP REIT Portfolio | 1,115,565 | 138,918 | 976,647 | 03/31/20 | 95.0% | 1,094,189 | 178,049 | 916,141 | 3,638 | 912,503 | 1.39 | 1.38 | 8.1% | 8.1% | |||||||||
23.01 | GACC | 15091 Alabama Highway 20 | |||||||||||||||||||||||
23.02 | GACC | 1300 South Dale Mabry Highway | |||||||||||||||||||||||
23.03 | GACC | 3707 14th Street Northwest | |||||||||||||||||||||||
24 | GACC | Staples Headquarters | 92.5% | 11,946,034 | 358,381 | 11,587,653 | 285,840 | 11,301,813 | 4.08 | 3.98 | 12.9% | 12.6% | |||||||||||||
25 | LCM | NOV Headquarters | 3,500,000 | 0 | 3,500,000 | 3,500,000 | 0 | 3,500,000 | 3,500,000 | 0 | 3,500,000 | 02/28/19 | 95.0% | 5,585,060 | 2,379,011 | 3,206,049 | 67,404 | 3,138,646 | 1.74 | 1.71 | 8.2% | 8.0% | |||
26 | GACC | Briarcliff Apartments | 1,863,702 | 776,455 | 1,087,247 | 1,944,282 | 844,790 | 1,099,491 | 2,032,745 | 798,039 | 1,234,706 | 2,053,840 | 749,853 | 1,303,987 | 05/31/20 | 95.0% | 2,051,706 | 790,304 | 1,261,403 | 74,400 | 1,187,003 | 2.61 | 2.46 | 14.3% | 13.5% |
27 | GSMC | Stuart’s Crossing | 1,738,626 | 782,530 | 956,097 | 1,760,026 | 882,879 | 877,147 | 1,875,288 | 770,667 | 1,104,621 | 95.0% | 1,784,294 | 665,002 | 1,119,292 | 98,358 | 1,020,933 | 2.40 | 2.19 | 13.3% | 12.2% | ||||
28 | LCM | KB Fresenius & DaVita Southeast Portfolio | 95.0% | 978,341 | 218,485 | 759,856 | 3,458 | 756,398 | 1.68 | 1.67 | 9.5% | 9.4% | |||||||||||||
28.01 | LCM | 4751 West Fuqua Street | 95.0% | 262,265 | 70,540 | 191,724 | 882 | 190,842 | |||||||||||||||||
28.02 | LCM | 205 Belle Meade Point | 95.0% | 236,080 | 30,487 | 205,594 | 1,104 | 204,490 | |||||||||||||||||
28.03 | LCM | 3530 Rowe Lane | 95.0% | 246,943 | 39,155 | 207,788 | 738 | 207,050 | |||||||||||||||||
28.04 | LCM | 5552 Platt Springs Road | 95.0% | 233,053 | 78,303 | 154,750 | 734 | 154,016 | |||||||||||||||||
29 | GSMC | Caton Crossings | 1,362,424 | 459,364 | 903,060 | 1,323,564 | 503,531 | 820,033 | 1,302,903 | 452,743 | 850,159 | 95.0% | 1,395,124 | 428,011 | 967,113 | 96,369 | 870,744 | 2.34 | 2.11 | 12.4% | 11.2% | ||||
30 | GSMC | Midland Atlantic Portfolio | 5,693,685 | 1,594,304 | 4,099,381 | 5,673,339 | 1,681,671 | 3,991,667 | 5,929,476 | 1,695,066 | 4,234,410 | 5,987,404 | 1,668,228 | 4,319,176 | 03/31/20 | 87.3% | 5,579,588 | 1,589,057 | 3,990,530 | 348,001 | 3,642,529 | 1.56 | 1.42 | 8.9% | 8.1% |
30.01 | GSMC | Parkside Square | 1,378,427 | 381,493 | 996,934 | 1,441,584 | 380,508 | 1,061,076 | 1,449,088 | 365,560 | 1,083,528 | 1,424,539 | 391,713 | 1,032,826 | 03/31/20 | 95.0% | 1,464,126 | 339,269 | 1,124,856 | 113,932 | 1,010,924 | ||||
30.02 | GSMC | Maysville Marketsquare | 1,314,064 | 315,460 | 998,604 | 1,245,548 | 319,000 | 926,548 | 1,293,140 | 323,372 | 969,768 | 1,297,629 | 319,930 | 977,699 | 03/31/20 | 88.5% | 1,211,457 | 302,092 | 909,366 | 94,944 | 814,422 | ||||
30.03 | GSMC | Pinecrest Pointe | 1,114,744 | 296,986 | 817,758 | 1,172,651 | 316,884 | 855,767 | 1,276,481 | 329,618 | 946,863 | 1,291,276 | 332,927 | 958,349 | 03/31/20 | 84.3% | 1,139,313 | 314,308 | 825,005 | 48,582 | 776,423 | ||||
30.04 | GSMC | Valleydale Marketplace | 791,360 | 223,898 | 567,462 | 752,396 | 254,894 | 497,501 | 808,929 | 262,593 | 546,336 | 844,317 | 224,802 | 619,515 | 03/31/20 | 93.2% | 762,970 | 250,847 | 512,123 | 40,573 | 471,550 | ||||
30.05 | GSMC | Putnam Plaza | 718,494 | 217,918 | 500,576 | 707,905 | 241,534 | 466,372 | 713,918 | 246,445 | 467,473 | 722,050 | 243,051 | 478,999 | 03/31/20 | 73.0% | 578,680 | 223,638 | 355,042 | 37,501 | 317,541 | ||||
30.06 | GSMC | Heritage Plaza | 376,596 | 158,549 | 218,047 | 353,255 | 168,851 | 184,404 | 387,920 | 167,478 | 220,442 | 407,594 | 155,806 | 251,788 | 03/31/20 | 81.5% | 423,042 | 158,903 | 264,139 | 12,469 | 251,669 | ||||
31 | LCM | Guidepost Montessori | 95.0% | 770,741 | 144,939 | 625,802 | 36,039 | 589,764 | 1.62 | 1.53 | 9.5% | 8.9% | |||||||||||||
32 | LCM | Maple Grove RV Resort | 821,458 | 360,437 | 461,021 | 887,822 | 346,210 | 541,612 | 940,249 | 307,457 | 632,792 | 11/30/19 | 82.0% | 875,740 | 324,271 | 551,469 | 4,450 | 547,019 | 2.31 | 2.29 | 9.7% | 9.6% | |||
33 | JPMCB | 278 Court Street | 374,800 | 55,015 | 319,785 | 339,750 | 57,043 | 282,707 | 03/31/20 | 95.0% | 416,100 | 65,268 | 350,832 | 750 | 350,082 | 1.19 | 1.19 | 6.9% | 6.9% | ||||||
34 | LCM | Willow Lake Tech Center | 1,016,021 | 372,931 | 643,089 | 1,030,999 | 351,454 | 679,545 | 1,037,452 | 408,563 | 628,889 | 09/30/19 | 90.0% | 1,243,594 | 691,943 | 551,651 | 99,757 | 451,895 | 2.04 | 1.67 | 11.1% | 9.1% | |||
A-1-3
ANNEX A-1
UPFRONT ESCROW(18) | MONTHLY ESCROW(19) | ||||||||||||||||||||||||
Loan # | Seller(1) | Property Name | Title Type(17) | Ground Lease Expiration | Ground Lease Extension Terms | Franchise Expiration Date | PML % | Upfront Capex Reserve ($) | Upfront Engin. Reserve ($) | Upfront Envir. Reserve ($) | Upfront TI/LC Reserve ($) | Upfront RE Tax Reserve ($) | Upfront Ins. Reserve ($) | Upfront Debt Service Reserve ($) | Upfront Other Reserve ($) | Other Upfront Description ($) | Monthly Capex Reserve ($) | Monthly Envir. Reserve ($) | Monthly TI/LC Reserve ($) | Monthly RE Tax Reserve ($) | Monthly Ins. Reserve ($) | Monthly Other Reserve ($) | Other Monthly Description ($) | ||
1 | LCM | LA County Office Portfolio | Fee | Various | 308,190 | 4,938 | 0 | 1,000,000 | 335,000 | 35,000 | 0 | 2,299,537 | Outstanding TI/LC Reserve: 2,080,140; Free Rent Reserve: 219,396.52 | 7,225 | 0 | Springing | 66,750 | 8,700 | 0 | ||||||
1.01 | LCM | 29903 Agoura Road | Fee | 11% | |||||||||||||||||||||
1.02 | LCM | 29899 Agoura Road | Fee | 8% | |||||||||||||||||||||
1.03 | LCM | 5230 Las Virgenes Road | Fee | 12% | |||||||||||||||||||||
1.04 | LCM | 5855 Topanga Canyon Boulevard | Fee | 17% | |||||||||||||||||||||
1.05 | LCM | 29901 Agoura Road | Fee | 11% | |||||||||||||||||||||
2 | JPMCB/GACC/GSMC | 1633 Broadway | Fee | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 36,389,727 | Unfunded Obligations Reserve | Springing | 0 | Springing | Springing | Springing | 0 | |||||||
3 | GACC | 675 Creekside Way | Fee | 9% | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11,087,071 | Free Rent Reserve: 8,527,537.59; 8x8 Allowance Reserve: 2,559,533.62 | 2,964 | 0 | Springing | 59,117 | Springing | 0 | ||||||
4 | LCM | Hampton Roads Office Portfolio | Fee | 250,000 | 223,102 | 0 | 1,500,000 | 600,000 | 30,000 | 0 | 1,088,187 | Outstanding TI/LC Reserve: 1,001,935.59; Free Rent Reserve: 86,251.34 | 33,050 | 0 | 168,555 | 150,800 | 22,200 | 0 | |||||||
4.01 | LCM | 510 Independence Parkway | Fee | ||||||||||||||||||||||
4.02 | LCM | 676 Independence Parkway | Fee | ||||||||||||||||||||||
4.03 | LCM | 700 Independence Parkway | Fee | ||||||||||||||||||||||
4.04 | LCM | 1309 Executive Boulevard | Fee | ||||||||||||||||||||||
4.05 | LCM | 1317 Executive Boulevard | Fee | ||||||||||||||||||||||
4.06 | LCM | 200 Golden Oak Court | Fee | ||||||||||||||||||||||
4.07 | LCM | 1301 Executive Boulevard | Fee | ||||||||||||||||||||||
4.08 | LCM | 505 Independence Parkway | Fee | ||||||||||||||||||||||
4.09 | LCM | 1313 Executive Boulevard | Fee | ||||||||||||||||||||||
4.10 | LCM | 208 Golden Oak Court | Fee | ||||||||||||||||||||||
4.11 | LCM | 1305 Executive Boulevard | Fee | ||||||||||||||||||||||
4.12 | LCM | 500 Independence Parkway | Fee | ||||||||||||||||||||||
4.13 | LCM | 501 Independence Parkway | Fee | ||||||||||||||||||||||
4.14 | LCM | 1 Enterprise Parkway | Fee | ||||||||||||||||||||||
4.15 | LCM | 1457 Miller Store Road | Fee | ||||||||||||||||||||||
4.16 | LCM | 2809 South Lynnhaven Road | Fee | ||||||||||||||||||||||
4.17 | LCM | 22 Enterprise Parkway | Fee | ||||||||||||||||||||||
4.18 | LCM | 521 Butler Farm Road | Fee | ||||||||||||||||||||||
4.19 | LCM | 21 Enterprise Parkway | Fee | ||||||||||||||||||||||
4.20 | LCM | 484 Viking Drive | Fee | ||||||||||||||||||||||
4.21 | LCM | 629 Phoenix Drive | Fee | ||||||||||||||||||||||
4.22 | LCM | 5 Manhattan Square | Fee | ||||||||||||||||||||||
5 | GSMC | 711 Fifth Avenue | Fee | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,048,024 | TCO Renewal Reserve: 2,000,000; Unfunded Obligations Reserve: 1,048,024.18 | Springing | 0 | Springing | Springing | Springing | Springing | Downgraded Tenant Reserve | ||||||
6 | GACC | BX Industrial Portfolio | Various | Various | Various | 0 | 0 | 0 | 4,048,428 | 0 | 0 | 0 | 0 | Springing | 0 | Springing | Springing | Springing | Springing | Ground Rent Reserve | |||||
6.01 | GACC | Bridgewater Center 1 | Fee | ||||||||||||||||||||||
6.02 | GACC | 401 E Laraway Rd | Fee | ||||||||||||||||||||||
6.03 | GACC | Rochelle 1 | Fee | ||||||||||||||||||||||
6.04 | GACC | 350A Salem Church Rd | Fee | ||||||||||||||||||||||
6.05 | GACC | Romeoville Bldg 1 | Fee | ||||||||||||||||||||||
6.06 | GACC | 251 E Laraway Rd | Fee | ||||||||||||||||||||||
6.07 | GACC | 7940 Kentucky | Fee | ||||||||||||||||||||||
6.08 | GACC | Mountain Top Distribution Center 2 | Fee | ||||||||||||||||||||||
6.09 | GACC | Enterprise Parkway | Fee | ||||||||||||||||||||||
6.10 | GACC | Cavalier I | Fee | ||||||||||||||||||||||
6.11 | GACC | 1910 International | Fee | ||||||||||||||||||||||
6.12 | GACC | Glen Dale | Fee | ||||||||||||||||||||||
6.13 | GACC | Romeoville Bldg 2 | Fee | ||||||||||||||||||||||
6.14 | GACC | Enterprise Distribution Center 1 | Fee | ||||||||||||||||||||||
6.15 | GACC | 2270 Woodale | Fee | ||||||||||||||||||||||
6.16 | GACC | 2950 Lexington Ave South | Fee | ||||||||||||||||||||||
6.17 | GACC | Rivers Bend Center 1B | Fee | ||||||||||||||||||||||
6.18 | GACC | DFW Logistics Center (Bldg 4) | Leasehold | 09/19/2056 | None | ||||||||||||||||||||
6.19 | GACC | Rivers Bend Center 1C | Fee | ||||||||||||||||||||||
6.20 | GACC | Territorial | Fee | ||||||||||||||||||||||
6.21 | GACC | Diamond Hill 2 | Fee | ||||||||||||||||||||||
6.22 | GACC | Rivers Bend Center 2A | Fee | ||||||||||||||||||||||
6.23 | GACC | Rivers Bend Center 1A | Fee | ||||||||||||||||||||||
6.24 | GACC | Diamond Hill 3 | Fee | ||||||||||||||||||||||
6.25 | GACC | Whippany Business Center 1 | Fee | ||||||||||||||||||||||
6.26 | GACC | The Colony Land | Fee | ||||||||||||||||||||||
6.27 | GACC | Shawnee Distribution Center 1 | Fee | ||||||||||||||||||||||
6.28 | GACC | Rivers Bend Center 2B | Fee | ||||||||||||||||||||||
6.29 | GACC | 7930 Kentucky | Fee | ||||||||||||||||||||||
6.30 | GACC | Dues Dr Distribution Center 1 | Fee | ||||||||||||||||||||||
6.31 | GACC | Gibraltar | Fee | ||||||||||||||||||||||
6.32 | GACC | Diamond Hill 1 | Fee | ||||||||||||||||||||||
6.33 | GACC | DFW Logistics Center (Bldg 3) | Leasehold | 08/01/2056 | None | ||||||||||||||||||||
6.34 | GACC | Elk Grove Distribution Center 1 | Fee | ||||||||||||||||||||||
6.35 | GACC | 1000 Lucas Way | Fee | ||||||||||||||||||||||
6.36 | GACC | Lakeview | Fee | ||||||||||||||||||||||
6.37 | GACC | DFW Logistics Center (Bldg 5) | Leasehold | 11/07/2056 | None | ||||||||||||||||||||
6.38 | GACC | 9756 International | Fee | ||||||||||||||||||||||
6.39 | GACC | 350B Salem Church Rd | Fee | ||||||||||||||||||||||
6.40 | GACC | 6105 Trenton Ln | Fee | ||||||||||||||||||||||
6.41 | GACC | 300 Salem Church Rd | Fee | ||||||||||||||||||||||
6.42 | GACC | Tower | Fee | ||||||||||||||||||||||
6.43 | GACC | 1940 Fernbrook Ln | Fee | ||||||||||||||||||||||
6.44 | GACC | Production Distribution Center 1 | Fee | ||||||||||||||||||||||
6.45 | GACC | Culpeper | Fee | ||||||||||||||||||||||
6.46 | GACC | Fairfield Distribution Center 1 | Fee | ||||||||||||||||||||||
6.47 | GACC | Cavalier II | Fee | ||||||||||||||||||||||
6.48 | GACC | World Park II | Fee | ||||||||||||||||||||||
6.49 | GACC | Diamond Hill 4 | Fee | ||||||||||||||||||||||
6.50 | GACC | 2290-2298 Woodale | Fee | ||||||||||||||||||||||
6.51 | GACC | 514 Butler Rd | Fee | ||||||||||||||||||||||
6.52 | GACC | Northridge II | Fee | ||||||||||||||||||||||
6.53 | GACC | 2222 Woodale | Fee | ||||||||||||||||||||||
6.54 | GACC | Northridge I | Fee | ||||||||||||||||||||||
6.55 | GACC | Romeoville Distribution Center 1 | Fee | ||||||||||||||||||||||
6.56 | GACC | 1825 Airport Exchange | Fee | ||||||||||||||||||||||
6.57 | GACC | 7453 Empire - Bldg C | Fee | ||||||||||||||||||||||
6.58 | GACC | Rivers Bend Center 1D | Fee | ||||||||||||||||||||||
6.59 | GACC | Heathrow | Fee | ||||||||||||||||||||||
6.60 | GACC | 2240-2250 Woodale | Fee | ||||||||||||||||||||||
6.61 | GACC | 273 Industrial Way | Fee | ||||||||||||||||||||||
6.62 | GACC | 7453 Empire - Bldg B | Fee | ||||||||||||||||||||||
6.63 | GACC | 7453 Empire - Bldg A | Fee | ||||||||||||||||||||||
6.64 | GACC | Rivers Bend Center - Land | Fee | ||||||||||||||||||||||
6.65 | GACC | Production Distribution Center 1B | Fee | ||||||||||||||||||||||
6.66 | GACC | Bridgewater Center 2 | Fee | ||||||||||||||||||||||
6.67 | GACC | Laraway Land 1 | Fee | ||||||||||||||||||||||
6.68 | GACC | Laraway Land 2 | Fee | ||||||||||||||||||||||
7 | LCM | Whitehall III & V | Fee | 0 | 0 | 0 | 1,345,891 | 44,614 | 14,411 | 0 | 364,904 | Free Rent Reserve | 4,932 | 0 | 36,987 | 44,614 | 3,603 | 0 | |||||||
8 | JPMCB | Frick Building | Fee | 5,897 | 3,850 | 0 | 29,484 | 80,733 | 0 | 0 | 809,999 | Outstanding TI/LC Reserve: 737,840; Free Rent Reserve: 72,159 | 5,897 | 0 | 29,484 | 40,367 | Springing | Springing | Major Tenant Trigger Reserve | ||||||
9 | LCM | Peace Coliseum | Fee | 9% | 0 | 0 | 0 | 0 | 290,000 | 170,000 | 0 | 0 | Springing | 0 | Springing | 72,000 | 14,500 | 0 | |||||||
10 | JPMCB | Chase Center Tower I | Fee | 14% | 0 | 7,821,488 | 0 | 0 | 0 | 0 | 0 | 24,508,004 | Outstanding Landlord Obligations: 24,508,004 | Springing | 0 | Springing | Springing | Springing | Springing | Common Charges Reserve | |||||
11 | JPMCB | Chase Center Tower II | Fee | 14% | 0 | 7,342,312 | 0 | 0 | 0 | 0 | 0 | 23,006,544 | Outstanding Landlord Obligations: 23,006,544 | Springing | 0 | Springing | Springing | Springing | Springing | Common Charges Reserve | |||||
12 | LCM | Los Angeles Leased Fee Portfolio | Fee | Various | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Springing | Springing | 0 | |||||||
12.01 | LCM | 5901 West Century Boulevard | Fee | 22% | |||||||||||||||||||||
12.02 | LCM | 5959 West Century Boulevard | Fee | 13% | |||||||||||||||||||||
12.03 | LCM | 6151 West Century Boulevard | Fee | 13% | |||||||||||||||||||||
12.04 | LCM | 5933 West Century Boulevard | Fee | 10% | |||||||||||||||||||||
12.05 | LCM | 5940 West 98th Street | Fee | 17% | |||||||||||||||||||||
12.06 | LCM | 9801 Airport Boulevard | Fee | 11% | |||||||||||||||||||||
12.07 | LCM | 6144 West 98th Street | Fee | 17% | |||||||||||||||||||||
12.08 | LCM | 5960 West 98th Street | Fee | 17% | |||||||||||||||||||||
13 | JPMCB | 1340 Concord | Fee | 0 | 279,063 | 0 | 0 | 0 | 0 | 0 | 6,844,861 | Outstanding TI Reserve: 4,028,400; Free Rent Reserve: 1,530,456.61; Gap Rent Reserve: 977,741.94; Prepaid Rent: 308,262.83 | 1,427 | 0 | 0 | Springing | Springing | 0 | |||||||
14 | LCM | 1333 Main Street | Fee | 600,000 | 0 | 0 | 1,075,000 | 210,000 | 15,000 | 0 | 145,013 | Outstanding TI/LC Reserve | 4,673 | 0 | 18,693 | 69,400 | 5,300 | 0 | |||||||
15 | GSMC | City National Plaza | Fee | 19% | 0 | 0 | 0 | 15,444,167 | 0 | 0 | 13,606,389 | 10,850,414 | Free Rent Reserve | Springing | 0 | Springing | Springing | Springing | 0 | ||||||
16 | GSMC | Moffett Towers Buildings A, B & C | Fee | 6% | 0 | 0 | 0 | 53,688,909 | 0 | 0 | 0 | 34,016,766 | Rent Concession Reserve | 15,858 | 0 | 0 | 282,271 | Springing | Springing | Lease Sweep Reserve | |||||
16.01 | GSMC | Moffett Towers Building B | Fee | 6% | |||||||||||||||||||||
16.02 | GSMC | Moffett Towers Building C | Fee | 6% | |||||||||||||||||||||
16.03 | GSMC | Moffett Towers Building A | Fee | 6% | |||||||||||||||||||||
17 | GACC | Roscoe Office | Fee | 16% | 0 | 15,400 | 0 | 195,000 | 0 | 0 | 0 | 0 | 1,406 | 0 | 7,028 | 8,529 | Springing | 0 | |||||||
18 | LCM | Lava Ridge Business Center | Fee | 5% | 400,000 | 8,750 | 0 | 1,700,000 | 70,000 | 0 | 0 | 1,781,649 | Finance of America Reserve: 911,746.56; Finance of America Leasing Expense Reserve: 495,000; Free Rent Reserve: 374,901.97 | 0 | 0 | 17,355 | 28,300 | Springing | Springing | Finance of America Reserve | |||||
19 | GSMC | PCI Pharma Portfolio | Fee | Various | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Springing | 0 | Springing | Springing | Springing | 0 | |||||||
19.01 | GSMC | 3001 Red Lion Road | Fee | ||||||||||||||||||||||
19.02 | GSMC | 4536 & 4545 Assembly Drive | Fee | ||||||||||||||||||||||
19.03 | GSMC | 6166 Nancy Ridge Drive | Fee | 6% | |||||||||||||||||||||
19.04 | GSMC | 6146 Nancy Ridge Drive | Fee | 12% | |||||||||||||||||||||
19.05 | GSMC | 1635 & 1639 New Milford School Road | Fee | ||||||||||||||||||||||
20 | JPMCB | The Oliver | Fee | 11% | 931 | 0 | 0 | 100,000 | 25,860 | 0 | 0 | 0 | 931 | 0 | Springing | 25,860 | Springing | 0 | |||||||
21 | JPMCB | Apollo Education Group HQ Campus | Fee | 9,994 | 0 | 0 | 49,972 | 0 | 0 | 0 | 0 | 9,994 | 0 | 49,972 | Springing | Springing | 0 | ||||||||
22 | LCM | SHP Building IV | Fee | 0 | 0 | 0 | 0 | 43,750 | 13,166 | 0 | 16,108 | Free Rent Reserve | 1,080 | 0 | 5,401 | 8,750 | 1,097 | 0 | |||||||
23 | GACC | GIP REIT Portfolio | Fee | 0 | 7,500 | 0 | 0 | 19,257 | 0 | 0 | 4,336 | Common Charges Reserve | 1,137 | 0 | Springing | 4,814 | Springing | Springing | Common Charges Reserve | ||||||
23.01 | GACC | 15091 Alabama Highway 20 | Fee | ||||||||||||||||||||||
23.02 | GACC | 1300 South Dale Mabry Highway | Fee | ||||||||||||||||||||||
23.03 | GACC | 3707 14th Street Northwest | Fee | ||||||||||||||||||||||
24 | GACC | Staples Headquarters | Fee | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Springing | 0 | 0 | Springing | Springing | 0 | ||||||||
25 | LCM | NOV Headquarters | Fee | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | Springing | 0 | 0 | Springing | Springing | 0 | ||||||||
26 | GACC | Briarcliff Apartments | Fee | 68,320 | 31,680 | 0 | 0 | 90,085 | 0 | 0 | 0 | 6,200 | 0 | 0 | 22,683 | Springing | 0 | ||||||||
27 | GSMC | Stuart’s Crossing | Fee | 0 | 65,918 | 0 | 0 | 478,404 | 0 | 0 | 0 | 1,425 | 0 | 8,333 | 47,840 | Springing | 0 | ||||||||
28 | LCM | KB Fresenius & DaVita Southeast Portfolio | Fee | 34,575 | 7,688 | 0 | 0 | 15,000 | 0 | 0 | 0 | Springing | 0 | 0 | 5,350 | Springing | 0 | ||||||||
28.01 | LCM | 4751 West Fuqua Street | Fee | ||||||||||||||||||||||
28.02 | LCM | 205 Belle Meade Point | Fee | ||||||||||||||||||||||
28.03 | LCM | 3530 Rowe Lane | Fee | ||||||||||||||||||||||
28.04 | LCM | 5552 Platt Springs Road | Fee | ||||||||||||||||||||||
29 | GSMC | Caton Crossings | Fee | 0 | 25,465 | 0 | 500,000 | 180,383 | 0 | 0 | 0 | 1,397 | 0 | Springing | 18,038 | Springing | 0 | ||||||||
30 | GSMC | Midland Atlantic Portfolio | Fee | 0 | 93,262 | 0 | 750,000 | 100,632 | 0 | 0 | 55,825 | Unfunded Obligations Reserve | 10,123 | 0 | Springing | 40,245 | Springing | 0 | |||||||
30.01 | GSMC | Parkside Square | Fee | ||||||||||||||||||||||
30.02 | GSMC | Maysville Marketsquare | Fee | ||||||||||||||||||||||
30.03 | GSMC | Pinecrest Pointe | Fee | ||||||||||||||||||||||
30.04 | GSMC | Valleydale Marketplace | Fee | ||||||||||||||||||||||
30.05 | GSMC | Putnam Plaza | Fee | ||||||||||||||||||||||
30.06 | GSMC | Heritage Plaza | Fee | ||||||||||||||||||||||
31 | LCM | Guidepost Montessori | Fee | 7% | 0 | 5,000 | 0 | 0 | 30,000 | 400 | 0 | 0 | 250 | 0 | 0 | 9,750 | 400 | 0 | |||||||
32 | LCM | Maple Grove RV Resort | Fee | 5% | 0 | 4,905 | 0 | 0 | 17,000 | 1,100 | 0 | 0 | 371 | 0 | 0 | 4,100 | 1,300 | 0 | |||||||
33 | JPMCB | 278 Court Street | Fee | 88 | 0 | 0 | 167 | 6,417 | 571 | 0 | 104,000 | Outstanding TI Reserve: 80,000; Free Rent Reserve: 24,000 | 91 | 0 | 167 | 3,209 | 571 | 0 | |||||||
34 | LCM | Willow Lake Tech Center | Fee | 0 | 11,153 | 0 | 0 | 246,000 | 1,637 | 0 | 0 | 1,750 | 0 | 6,563 | 41,000 | 1,637 | 0 | ||||||||
A-1-4
ANNEX A-1
RESERVE CAPS(20) | LARGEST TENANT(4), (21), (22), (23) | 2nd LARGEST TENANT(4), (21), (22), (23) | 3rd LARGEST TENANT(4), (21), (22), (23) | ||||||||||||||||||||
Loan # | Seller(1) | Property Name | CapEx Reserve Cap ($) | Envir. Reserve Cap ($) | TI/LC Reserve Cap ($) | RE Tax Reserve Cap ($) | Insur. Reserve Cap ($) | Debt Service Reserve Cap ($) | Other Reserve Cap ($) | Single Tenant | Largest Tenant | Unit Size | Lease Expiration | 2nd Largest Tenant | Unit Size | Lease Expiration | 3rd Largest Tenant | Unit Size | Lease Expiration | ||||
1 | LCM | LA County Office Portfolio | 1,000,000 | Various | |||||||||||||||||||
1.01 | LCM | 29903 Agoura Road | No | PNMAC, LLC | 50,924 | 06/30/24 | Nuance | 34,256 | 09/30/24 | Nationwide Medical | 13,665 | 06/30/24 | |||||||||||
1.02 | LCM | 29899 Agoura Road | No | CYDCOR, LLC | 43,013 | 05/31/25 | LA Rams | 17,462 | 08/31/21 | Chatsworth Products | 9,367 | 02/28/23 | |||||||||||
1.03 | LCM | 5230 Las Virgenes Road | No | Western General Insurance | 36,609 | 02/28/25 | Anchor Loans | 21,076 | 08/31/23 | Express Link Insurance | 6,201 | 11/30/25 | |||||||||||
1.04 | LCM | 5855 Topanga Canyon Boulevard | No | JML Law Firm | 10,020 | 06/30/25 | Union Bank of California, N.A. | 8,068 | 06/30/22 | Stuppler & Co. | 4,783 | 03/31/26 | |||||||||||
1.05 | LCM | 29901 Agoura Road | Yes | Motor Vehicle Software Corp | 37,758 | 08/31/30 | |||||||||||||||||
2 | JPMCB/GACC/GSMC | 1633 Broadway | 1,024,605 | 5,123,024 | No | Allianz Asset Management of America L.P. | 320,911 | 01/31/31 | WMG Acquisition Corp | 293,888 | 07/31/29 | Showtime Networks Inc | 261,196 | 01/31/26 | |||||||||
3 | GACC | 675 Creekside Way | 106,689 | Yes | 8x8 | 177,815 | 12/31/30 | ||||||||||||||||
4 | LCM | Hampton Roads Office Portfolio | 4,000,000 | Various | |||||||||||||||||||
4.01 | LCM | 510 Independence Parkway | No | United States Coast Guard Community Services Command | 27,498 | 01/31/27 | Antech Systems, Inc. | 23,581 | 05/31/23 | Dollar Tree Management, Inc. | 23,424 | MTM | |||||||||||
4.02 | LCM | 676 Independence Parkway | No | Strayer University, Inc. | 25,622 | 03/31/21 | Woolpert, Inc. | 11,259 | 03/31/21 | City of Chesapeake | 7,739 | 10/31/22 | |||||||||||
4.03 | LCM | 700 Independence Parkway | No | General Dynamics Info | 46,745 | 01/31/22 | Emprise Corporation | 23,501 | 10/31/23 | Consumer Portfolio Services | 21,705 | 08/31/25 | |||||||||||
4.04 | LCM | 1309 Executive Boulevard | Yes | Cegedim Dendrite | 49,870 | 12/31/20 | |||||||||||||||||
4.05 | LCM | 1317 Executive Boulevard | No | Burns & McDonnell Engineering Company, Inc. | 25,625 | 05/31/30 | RRMM Architects, P.C. | 24,688 | 06/30/24 | Gannet Satellite Information Network, Inc. | 7,580 | 11/30/24 | |||||||||||
4.06 | LCM | 200 Golden Oak Court | No | Tidewater Mortgage Services, Inc. | 24,289 | 08/31/22 | Novonics Corp | 10,950 | 12/31/23 | Ironclad Technology Services LLC | 9,850 | 05/31/22 | |||||||||||
4.07 | LCM | 1301 Executive Boulevard | No | Cox Communications Hampton Roads, LLC | 26,136 | MTM | CACI, Inc. | 23,884 | 01/31/21 | ||||||||||||||
4.08 | LCM | 505 Independence Parkway | No | Cdyne | 26,902 | 10/31/20 | Honeywell Technology Solutions, Inc. | 5,964 | 01/21/22 | ReavesColey PLLC | 5,718 | 06/30/21 | |||||||||||
4.09 | LCM | 1313 Executive Boulevard | Yes | Sutherland Global Services Inc. | 49,870 | 09/30/24 | |||||||||||||||||
4.10 | LCM | 208 Golden Oak Court | No | Wells Fargo Advisors, LLC | 20,003 | 06/30/21 | Merrill Lynch, Pierce, Fenner & Smith Incorporated | 14,693 | 09/30/22 | Sentara Healthcare | 7,942 | 12/31/21 | |||||||||||
4.11 | LCM | 1305 Executive Boulevard | No | Schenker, Inc. | 31,709 | 01/31/21 | Precision Spinal Care, Inc. | 2,298 | 03/31/27 | LinQuest Corporation | 2,116 | MTM | |||||||||||
4.12 | LCM | 500 Independence Parkway | No | Children’s Hospital of The King’s Daughters, Inc. | 38,213 | 05/31/26 | Chesapeake Ear, Nose & Throat | 12,787 | 12/31/20 | ||||||||||||||
4.13 | LCM | 501 Independence Parkway | No | Antech Systems | 9,832 | 05/31/21 | C&F Mortgage | 7,332 | 10/31/21 | Apogee Solutions | 4,425 | 01/31/25 | |||||||||||
4.14 | LCM | 1 Enterprise Parkway | No | Science Systems and Applications Inc. | 30,755 | 05/31/21 | Battelle Memorial Institute | 4,270 | 07/31/24 | Amedisys Home Health of Virginia, LLC | 3,146 | 04/30/23 | |||||||||||
4.15 | LCM | 1457 Miller Store Road | No | Ultralife Corporation | 32,522 | 04/30/21 | Continental Tide Defense Systems, Inc. | 16,350 | 04/30/21 | Rexel USA, Inc. | 8,262 | 08/31/20 | |||||||||||
4.16 | LCM | 2809 South Lynnhaven Road | No | Innovative Systems & Solutions, Inc. | 10,840 | 07/31/20 | AGVIQ, LLC | 10,625 | 05/31/24 | Pond & Company | 6,086 | 12/31/22 | |||||||||||
4.17 | LCM | 22 Enterprise Parkway | No | Intergraph Corporation | 13,000 | 10/31/20 | Mathew Thompson, III, Consulting Engineers, Inc. | 9,356 | 10/31/22 | Homeland Security Solutions, Inc. | 8,156 | 11/30/20 | |||||||||||
4.18 | LCM | 521 Butler Farm Road | Yes | Ferguson Enterprises, Inc. | 44,651 | 03/31/21 | |||||||||||||||||
4.19 | LCM | 21 Enterprise Parkway | No | United States of America (Air National Guard) | 9,950 | 04/30/23 | Intelligent Software Solutions USA, LLC | 8,823 | 09/30/20 | Science and Technology Corporation | 6,577 | 11/30/21 | |||||||||||
4.20 | LCM | 484 Viking Drive | No | Brock & Scott, PLLC | 5,572 | 12/31/21 | Morgan-Marrow Company | 2,902 | 03/31/22 | Karda Systems, LLC | 2,324 | 10/31/21 | |||||||||||
4.21 | LCM | 629 Phoenix Drive | No | Precision Measurements, Inc. | 6,904 | 01/31/22 | Eliza Hope Foundation | 5,766 | 08/31/23 | Center for Autism and Related Disorders, LLC | 4,070 | 01/31/23 | |||||||||||
4.22 | LCM | 5 Manhattan Square | Yes | Jacobs Technology, Inc. | 17,068 | 02/29/24 | |||||||||||||||||
5 | GSMC | 711 Fifth Avenue | 170,012 | 1,020,072 | No | SunTrust Banks | 84,516 | 04/30/24 | Allen & Company | 70,972 | 09/30/33 | Ralph Lauren | 38,638 | 06/30/29 | |||||||||
6 | GACC | BX Industrial Portfolio | 19,975,883 | 46,610,395 | Various | ||||||||||||||||||
6.01 | GACC | Bridgewater Center 1 | No | Research Assist, Inc | 2,179 | 12/31/20 | |||||||||||||||||
6.02 | GACC | 401 E Laraway Rd | Yes | Amazon | 475,104 | 07/31/25 | |||||||||||||||||
6.03 | GACC | Rochelle 1 | No | Del Monte Foods, Inc. | 312,750 | 04/30/21 | Clarkwestern Dietrich Building Systems LLC | 266,825 | 10/14/28 | ||||||||||||||
6.04 | GACC | 350A Salem Church Rd | Yes | DHL | 405,100 | 07/31/21 | |||||||||||||||||
6.05 | GACC | Romeoville Bldg 1 | No | Sealed Air Corporation | 106,876 | 07/31/23 | Amazon | 93,048 | 07/31/29 | ||||||||||||||
6.06 | GACC | 251 E Laraway Rd | Yes | National Distribution Centers, LLC | 374,460 | 06/30/21 | |||||||||||||||||
6.07 | GACC | 7940 Kentucky | No | The United States of America | 121,345 | 10/31/28 | |||||||||||||||||
6.08 | GACC | Mountain Top Distribution Center 2 | Yes | Signify North America Corp | 400,000 | 04/30/22 | |||||||||||||||||
6.09 | GACC | Enterprise Parkway | No | Tecnico Corporation | 155,107 | 03/31/22 | E & J Acquisition, LLC | 119,099 | MTM | TRG Customer Solutions, Inc. | 34,109 | 12/31/22 | |||||||||||
6.10 | GACC | Cavalier I | No | Philadelphia Truck Lines, Inc. | 48,946 | 05/31/27 | Noble Sales Co., Inc. | 33,385 | 01/31/24 | Lasership Inc | 33,370 | 12/31/21 | |||||||||||
6.11 | GACC | 1910 International | Yes | Qualis Automotive, L.L.C. | 300,000 | 10/31/22 | |||||||||||||||||
6.12 | GACC | Glen Dale | No | Upper Crust Bakery Limited Partnership | 118,315 | 10/31/28 | American Combustion Industries, Inc. | 23,297 | 06/30/24 | Trinity Highway Rentals, Inc. | 17,047 | 02/29/24 | |||||||||||
6.13 | GACC | Romeoville Bldg 2 | No | DS Smith Extrusion USA, LLC | 61,689 | 09/30/27 | |||||||||||||||||
6.14 | GACC | Enterprise Distribution Center 1 | No | Verst Group Logistics Inc. | 143,000 | 07/31/20 | Commonwealth Warehouse, Inc. | 132,000 | 04/30/23 | ||||||||||||||
6.15 | GACC | 2270 Woodale | No | Quanex Building Products Corp | 94,148 | 02/28/21 | Coag Medical LLC | 30,121 | 12/31/21 | The United States of America | 20,514 | MTM | |||||||||||
6.16 | GACC | 2950 Lexington Ave South | No | Bell International Laboratories, Incorporated | 122,032 | 12/31/26 | UFP Eagan LLC | 37,553 | 05/31/21 | Consolidated Precision Products Corp. | 24,960 | 05/31/21 | |||||||||||
6.17 | GACC | Rivers Bend Center 1B | No | Merit Medical Systems, Inc. | 79,652 | 12/31/22 | Wayfair, LLC | 46,275 | 01/31/21 | Trident Graphics NA LLC | 44,873 | 08/31/22 | |||||||||||
6.18 | GACC | DFW Logistics Center (Bldg 4) | Yes | The Coca-Cola Company | 144,000 | 08/31/23 | |||||||||||||||||
6.19 | GACC | Rivers Bend Center 1C | Yes | Capital One Services, LLC | 158,400 | 08/31/23 | |||||||||||||||||
6.20 | GACC | Territorial | Yes | Chicago Office Technology Group, Inc. | 125,448 | 05/08/23 | |||||||||||||||||
6.21 | GACC | Diamond Hill 2 | No | Transnational Foods, Inc. | 148,640 | 10/31/20 | Amazon | 75,980 | 09/30/26 | ||||||||||||||
6.22 | GACC | Rivers Bend Center 2A | No | Nestor Imports, Inc. | 61,504 | 07/31/27 | Bimbo Bakeries USA, Inc. | 57,668 | 12/31/25 | Lidl US Trading, LLC | 21,583 | 07/31/27 | |||||||||||
6.23 | GACC | Rivers Bend Center 1A | Yes | Maximus Federal Services, Inc. | 123,980 | 06/30/22 | |||||||||||||||||
6.24 | GACC | Diamond Hill 3 | No | Barton Mines Company, LLC | 100,221 | 12/31/20 | Carroll’s, LLC | 66,800 | 05/31/26 | ||||||||||||||
6.25 | GACC | Whippany Business Center 1 | No | State of New Jersey | 28,211 | MTM | Publishers Circulation Fulfillment, Inc. | 19,476 | 02/28/23 | Samuels, Inc. | 16,788 | 10/31/23 | |||||||||||
6.26 | GACC | The Colony Land | No | ||||||||||||||||||||
6.27 | GACC | Shawnee Distribution Center 1 | Yes | Ford Motor Company | 223,200 | 09/30/23 | |||||||||||||||||
6.28 | GACC | Rivers Bend Center 2B | Yes | Lidl US Trading, LLC | 158,400 | 07/31/27 | |||||||||||||||||
6.29 | GACC | 7930 Kentucky | No | Graham Packaging Pet Technologies, Inc. | 109,650 | 12/31/21 | Aristech Surfaces, LLC | 109,650 | 05/31/21 | ||||||||||||||
6.30 | GACC | Dues Dr Distribution Center 1 | No | Lasership Inc | 64,640 | 04/30/23 | Hanna Paper Recycling (Midwest) Inc. | 57,500 | 04/30/24 | ||||||||||||||
6.31 | GACC | Gibraltar | Yes | Jernberg Industries, LLC | 110,000 | 12/31/20 | |||||||||||||||||
6.32 | GACC | Diamond Hill 1 | Yes | Eska USA B.V., Inc. | 152,600 | 05/31/24 | |||||||||||||||||
6.33 | GACC | DFW Logistics Center (Bldg 3) | Yes | Siemens Postal, Parcel & Airport Logistics LLC | 120,000 | 06/30/23 | |||||||||||||||||
6.34 | GACC | Elk Grove Distribution Center 1 | Yes | Acme Industries, Inc. | 150,700 | 08/31/28 | |||||||||||||||||
6.35 | GACC | 1000 Lucas Way | Yes | Measurement Specialties, Inc. | 120,000 | 07/31/21 | |||||||||||||||||
6.36 | GACC | Lakeview | Yes | ThredUp Inc. | 132,851 | 01/31/21 | |||||||||||||||||
6.37 | GACC | DFW Logistics Center (Bldg 5) | No | Aramark Refreshment Services, LLC | 52,557 | 12/31/28 | Newkirk Logistics, Inc. | 42,600 | 12/31/23 | R.S. Hughes Co., Inc. | 21,000 | 05/31/28 | |||||||||||
6.38 | GACC | 9756 International | Yes | Taylor Logistics, Inc. | 192,000 | 01/31/24 | |||||||||||||||||
6.39 | GACC | 350B Salem Church Rd | Yes | DHL | 134,500 | 07/31/21 | |||||||||||||||||
6.40 | GACC | 6105 Trenton Ln | No | Amazon | 51,648 | 05/31/25 | Parsons Electric LLC | 42,822 | 03/31/30 | ||||||||||||||
6.41 | GACC | 300 Salem Church Rd | Yes | DHL | 120,000 | 07/31/21 | |||||||||||||||||
6.42 | GACC | Tower | No | Fitzgerald Marketing and Comm | 14,346 | 04/30/22 | Mistras Group, Inc. | 14,200 | 12/31/21 | Panatrol Corporation | 12,574 | 02/28/25 | |||||||||||
6.43 | GACC | 1940 Fernbrook Ln | No | Signature Designer Services LLC | 23,000 | 07/31/23 | Winfield Solutions, LLC | 19,155 | 03/31/22 | Cheney, Inc. | 18,000 | 12/31/21 | |||||||||||
6.44 | GACC | Production Distribution Center 1 | Yes | Wayne/Scott Fetzer Company | 232,880 | 04/30/23 | |||||||||||||||||
6.45 | GACC | Culpeper | Yes | UFP Elkwood, LLC | 150,000 | 07/31/22 | |||||||||||||||||
6.46 | GACC | Fairfield Distribution Center 1 | No | Innomark Communications LLC | 123,524 | 12/31/20 | Midwest Container Corporation | 79,976 | 12/31/24 | ||||||||||||||
6.47 | GACC | Cavalier II | No | Cryomax U.S.A., Inc. | 31,330 | 11/30/23 | Flowserve US Inc. | 23,585 | 12/31/20 | Cost Business Services Corporation | 23,580 | 12/31/24 | |||||||||||
6.48 | GACC | World Park II | No | Nu-Tech Polymers Co., Inc. | 45,024 | 06/30/23 | Pitney Bowes Presort Services, Inc. | 44,800 | 02/28/21 | ||||||||||||||
6.49 | GACC | Diamond Hill 4 | No | Serco Inc. | 75,700 | 06/30/22 | Sprintcom, Inc. | 0 | 05/31/32 | ||||||||||||||
6.50 | GACC | 2290-2298 Woodale | No | Magno International, L.P. | 32,610 | 12/31/24 | Zero Gravity Trampoline Park | 25,488 | 04/30/22 | Allina Health System | 20,082 | 07/31/22 | |||||||||||
6.51 | GACC | 514 Butler Rd | No | The United States of America | 7,768 | 07/07/33 | |||||||||||||||||
6.52 | GACC | Northridge II | No | Remedi Seniorcare of Virginia, LLC | 35,403 | 06/30/28 | Wells Fargo Bank N.A. | 23,041 | 01/31/22 | Vogue Furniture Direct, Inc. | 11,674 | 02/28/21 | |||||||||||
6.53 | GACC | 2222 Woodale | No | Diversified Laboratory Testing, LLC | 27,890 | 04/30/24 | UL LLC | 10,116 | 11/30/20 | ||||||||||||||
6.54 | GACC | Northridge I | No | Datamatx, Incorporated | 24,755 | 01/31/22 | TruGreen Limited Partnership | 13,671 | 01/31/22 | Niche Logistics, LLC | 11,521 | 05/31/21 | |||||||||||
6.55 | GACC | Romeoville Distribution Center 1 | Yes | US Hose Corporation | 75,250 | 05/31/22 | |||||||||||||||||
6.56 | GACC | 1825 Airport Exchange | No | MT Brothers Group, Inc. | 23,791 | 05/31/24 | D&W International, Inc. | 12,365 | 03/31/23 | Accelerated Courier, Inc. | 12,215 | 06/30/22 | |||||||||||
6.57 | GACC | 7453 Empire - Bldg C | Yes | New Era Industrial, LLC | 101,250 | 12/31/24 | |||||||||||||||||
6.58 | GACC | Rivers Bend Center 1D | Yes | Carl Zeiss Vision, Inc. | 40,460 | 11/30/23 | |||||||||||||||||
6.59 | GACC | Heathrow | Yes | SGS North America Inc | 38,504 | 12/31/24 | |||||||||||||||||
6.60 | GACC | 2240-2250 Woodale | No | Tacy, LLC | 23,286 | 01/31/24 | Proguard Sports, Inc. | 11,331 | 12/31/24 | Empirehouse Inc | 7,934 | 09/30/28 | |||||||||||
6.61 | GACC | 273 Industrial Way | No | ||||||||||||||||||||
6.62 | GACC | 7453 Empire - Bldg B | No | North Bend Equipment LLC | 20,175 | MTM | AIT Worldwide Logistics, Inc. | 16,177 | 01/31/21 | Equipment Solutions Group LLC | 7,360 | 12/31/20 | |||||||||||
6.63 | GACC | 7453 Empire - Bldg A | Yes | Freight Rite, Inc. | 47,840 | 06/30/20 | |||||||||||||||||
6.64 | GACC | Rivers Bend Center - Land | No | ||||||||||||||||||||
6.65 | GACC | Production Distribution Center 1B | Yes | Wayne/Scott Fetzer Company | 76,000 | 04/30/23 | |||||||||||||||||
6.66 | GACC | Bridgewater Center 2 | Yes | U.S.A. Container Co., Inc. | 102,000 | 02/28/25 | |||||||||||||||||
6.67 | GACC | Laraway Land 1 | No | ||||||||||||||||||||
6.68 | GACC | Laraway Land 2 | No | ||||||||||||||||||||
7 | LCM | Whitehall III & V | 1,000,000 | No | Charlotte Mecklenburg Hospital Authority | 76,827 | 06/30/21 | Novant Health, Inc. | 33,215 | 06/30/25 | GSA - ATF | 30,371 | 02/09/30 | ||||||||||
8 | JPMCB | Frick Building | 1,769,040 | 1,452,000 | No | Allegheny Court of Common Pleas | 34,277 | 12/31/27 | Goehring, Rutter Boehm | 26,521 | 12/31/21 | Kids Voice | 18,412 | 09/30/26 | |||||||||
9 | LCM | Peace Coliseum | Yes | Overstock.com | 236,585 | 02/28/45 | |||||||||||||||||
10 | JPMCB | Chase Center Tower I | Yes | Uber Technologies, Inc. | 317,660 | 10/31/39 | |||||||||||||||||
11 | JPMCB | Chase Center Tower II | Yes | Uber Technologies, Inc. | 268,548 | 09/30/39 | |||||||||||||||||
12 | LCM | Los Angeles Leased Fee Portfolio | No | ||||||||||||||||||||
12.01 | LCM | 5901 West Century Boulevard | No | ||||||||||||||||||||
12.02 | LCM | 5959 West Century Boulevard | No | ||||||||||||||||||||
12.03 | LCM | 6151 West Century Boulevard | No | ||||||||||||||||||||
12.04 | LCM | 5933 West Century Boulevard | No | ||||||||||||||||||||
12.05 | LCM | 5940 West 98th Street | No | �� | |||||||||||||||||||
12.06 | LCM | 9801 Airport Boulevard | No | ||||||||||||||||||||
12.07 | LCM | 6144 West 98th Street | No | ||||||||||||||||||||
12.08 | LCM | 5960 West 98th Street | No | ||||||||||||||||||||
13 | JPMCB | 1340 Concord | Yes | Ultimate Software | 100,710 | 05/31/30 | |||||||||||||||||
14 | LCM | 1333 Main Street | 1,500,000 | No | PricewaterhouseCoopers, LLP | 57,921 | 05/31/25 | SC Education Lottery | 34,012 | 07/31/21 | SC Workers’ Compensation | 24,103 | 03/31/22 | ||||||||||
15 | GSMC | City National Plaza | 1,006,754 | 7,550,652 | No | City National Bank | 343,538 | 12/31/31 | Jones Day | 163,680 | 11/30/26 | Paul Hastings, LLP | 140,891 | 08/31/32 | |||||||||
16 | GSMC | Moffett Towers Buildings A, B & C | No | ||||||||||||||||||||
16.01 | GSMC | Moffett Towers Building B | Yes | 317,166 | 12/31/30 | ||||||||||||||||||
16.02 | GSMC | Moffett Towers Building C | No | 181,196 | 09/30/27 | Comcast | 111,707 | 10/31/27 | Level 10 Construction | 12,944 | 02/29/24 | ||||||||||||
16.03 | GSMC | Moffett Towers Building A | Yes | 317,166 | 06/30/26 | ||||||||||||||||||
17 | GACC | Roscoe Office | 50,602 | 337,348 | No | County of Los Angeles | 28,473 | 07/31/26 | GSA Social Security Admin | 19,498 | 05/20/27 | Excel Executive Suites | 14,517 | 09/30/34 | |||||||||
18 | LCM | Lava Ridge Business Center | 1,250,000 | No | American Pacific Mortgage | 28,871 | 01/31/24 | Finance of America Mortgage LLC | 18,177 | 11/30/22 | ClearCaptions | 17,612 | 03/31/25 | ||||||||||
19 | GSMC | PCI Pharma Portfolio | 311,923 | 2,034,282 | Yes | ||||||||||||||||||
19.01 | GSMC | 3001 Red Lion Road | Yes | PCI Pharma | 447,000 | 10/31/39 | |||||||||||||||||
19.02 | GSMC | 4536 & 4545 Assembly Drive | Yes | PCI Pharma | 768,400 | 10/31/39 | |||||||||||||||||
19.03 | GSMC | 6166 Nancy Ridge Drive | Yes | PCI Pharma | 37,583 | 10/31/39 | |||||||||||||||||
19.04 | GSMC | 6146 Nancy Ridge Drive | Yes | PCI Pharma | 24,785 | 10/31/39 | |||||||||||||||||
19.05 | GSMC | 1635 & 1639 New Milford School Road | Yes | PCI Pharma | 78,420 | 10/31/39 | |||||||||||||||||
20 | JPMCB | The Oliver | 100,000 | No | Alex Boudaie DDS Inc. | 1,796 | 04/30/26 | Wall Street Pizza LLC | 1,560 | 05/31/24 | Yoga Salt | 1,513 | 01/31/26 | ||||||||||
21 | JPMCB | Apollo Education Group HQ Campus | Yes | Apollo Education Group | 599,664 | 03/01/31 | |||||||||||||||||
22 | LCM | SHP Building IV | No | Cardinal Financial | 12,289 | 09/30/28 | Julia’s Oven | 12,052 | 07/31/33 | Stable Development LLC | 7,637 | 10/31/32 | |||||||||||
23 | GACC | GIP REIT Portfolio | Yes | ||||||||||||||||||||
23.01 | GACC | 15091 Alabama Highway 20 | Yes | Pratt & Whitney | 63,000 | 01/31/29 | |||||||||||||||||
23.02 | GACC | 1300 South Dale Mabry Highway | Yes | Starbucks | 2,200 | 02/29/28 | |||||||||||||||||
23.03 | GACC | 3707 14th Street Northwest | Yes | 7-Eleven | 3,000 | 03/31/26 | |||||||||||||||||
24 | GACC | Staples Headquarters | Yes | Staples | 666,088 | 03/31/45 | |||||||||||||||||
25 | LCM | NOV Headquarters | Yes | National Oilwell Varco, Inc. | 337,019 | 11/30/37 | |||||||||||||||||
26 | GACC | Briarcliff Apartments | No | ||||||||||||||||||||
27 | GSMC | Stuart’s Crossing | 51,317 | 300,000 | No | Jewel Osco | 70,529 | 07/28/29 | Anytime Fitness | 4,549 | 07/31/26 | Silverlake Restaurant | 2,428 | MTM | |||||||||
28 | LCM | KB Fresenius & DaVita Southeast Portfolio | Yes | ||||||||||||||||||||
28.01 | LCM | 4751 West Fuqua Street | Yes | Tolland Dialysis, LLC | 8,818 | 08/31/33 | |||||||||||||||||
28.02 | LCM | 205 Belle Meade Point | Yes | Fresenius Kidney Care Dogwood | 11,040 | 12/12/34 | |||||||||||||||||
28.03 | LCM | 3530 Rowe Lane | Yes | Fresenius Kidney Care North Forsyth | 7,378 | 06/30/34 | |||||||||||||||||
28.04 | LCM | 5552 Platt Springs Road | Yes | Genessee Dialysis, LLC | 7,339 | 02/28/34 | |||||||||||||||||
29 | GSMC | Caton Crossings | 50,279 | 500,000 | No | Tony’s Fresh Market | 56,192 | 11/30/22 | Hallmark | 5,000 | 02/29/24 | PT Solutions | 3,000 | 06/30/25 | |||||||||
30 | GSMC | Midland Atlantic Portfolio | 452,757 | 750,000 | No | ||||||||||||||||||
30.01 | GSMC | Parkside Square | No | America’s Thrift Store | 57,640 | 08/31/24 | Rouse’s Supermarket | 39,684 | 11/30/25 | Habitat For Humanity Restore | 16,320 | 11/30/29 | |||||||||||
30.02 | GSMC | Maysville Marketsquare | No | Kroger | 93,384 | 02/29/32 | Shoe Sensation | 10,200 | 09/30/23 | Pet Valu, Inc. | 4,000 | 11/30/26 | |||||||||||
30.03 | GSMC | Pinecrest Pointe | No | Food Lion | 40,160 | 01/08/24 | Carolina Dance Center, Inc. | 14,575 | 12/31/21 | Manchester’s Grill | 4,143 | 03/31/26 | |||||||||||
30.04 | GSMC | Valleydale Marketplace | No | Walmart Neighborhood Market | 47,653 | 01/27/30 | Dollar Tree | 9,100 | 02/28/23 | Cajun Boys & Our Poboys | 3,214 | 06/30/23 | |||||||||||
30.05 | GSMC | Putnam Plaza | No | Tractor Supply Company | 22,000 | 12/31/27 | Anytime Fitness | 7,000 | 06/30/24 | Shoe Sensation | 6,500 | 11/30/23 | |||||||||||
30.06 | GSMC | Heritage Plaza | No | Jorge Gurgel Martial Arts | 4,200 | 05/31/24 | Buffalo Wings & Rings | 3,600 | 12/31/23 | M&M Family Dental | 2,800 | 02/28/21 | |||||||||||
31 | LCM | Guidepost Montessori | Yes | Guidepost Montessori School | 12,000 | 03/31/36 | |||||||||||||||||
32 | LCM | Maple Grove RV Resort | No | ||||||||||||||||||||
33 | JPMCB | 278 Court Street | 5,250 | 10,000 | No | The Dermatology Specialists | 2,300 | 10/14/31 | |||||||||||||||
34 | LCM | Willow Lake Tech Center | No | Club Colors | 34,841 | 06/30/28 | Enshu | 19,905 | 06/30/22 | ISCO International | 14,235 | 04/30/22 |
A-1-5
ANNEX A-1
4th LARGEST TENANT(4), (21), (22), (23) | 5th LARGEST TENANT(4), (21), (22), (23) | Pari Passu Debt | Additional Debt(26) | ||||||||||||||||||||||||
Loan # | Seller(1) | Property Name | 4th Largest Tenant | Unit Size | Lease Expiration | 5th Largest Tenant | Unit Size | Lease Expiration | Loan Purpose | Principal / Carveout Guarantor(24) | Lockbox (Y/N) | Lockbox Type(25) | Cash Management(25) | Pari Passu (Y/N) | Pari Passu Note Control (Y/N) | Pari Passu Piece In-Trust Cut-Off Balance | Pari Passu Piece Non-Trust Cut-Off Balance | Total Cut-off Date Pari Passu Debt | Additional Debt Permitted (Y/N)(26) | Additional Debt Exist (Y/N)(26) | Additional Debt Type(s) | Additional Debt Cut-off Date Balance | Additional Debt Interest Rate | ||||
1 | LCM | LA County Office Portfolio | Refinance | Norman J. Kravetz | Yes | Hard | Springing | No | NAP | NAP | NAP | NAP | No | No | NAP | NAP | NAP | ||||||||||
1.01 | LCM | 29903 Agoura Road | Motor Vehicle Software Corp | 4,549 | 08/31/30 | ||||||||||||||||||||||
1.02 | LCM | 29899 Agoura Road | Thorson Insurance | 8,748 | 11/30/22 | ||||||||||||||||||||||
1.03 | LCM | 5230 Las Virgenes Road | Cedar Financial | 4,868 | 01/31/21 | Porky Products | 4,458 | 04/30/22 | |||||||||||||||||||
1.04 | LCM | 5855 Topanga Canyon Boulevard | Rehwald, Glasner & Chaleff | 4,392 | 12/31/22 | Grossman Law Offices | 3,391 | 12/31/22 | |||||||||||||||||||
1.05 | LCM | 29901 Agoura Road | |||||||||||||||||||||||||
2 | JPMCB/GACC/GSMC | 1633 Broadway | Morgan Stanley & Co | 260,829 | 03/31/32 | Kasowitz Benson Torres | 203,394 | 03/31/37 | Refinance | Paramount Group Operating Partnership LP | Yes | Hard | Springing | Yes | No | 57,500,000 | 943,500,000 | 1,001,000,000 | Yes | Yes | Subordinate Debt/Permitted Equityholder Debt or Debt-Like Preferred Equity | 249,000,000 | 2.99000 | ||||
3 | GACC | 675 Creekside Way | Acquisition | Larry Botel | Yes | Hard | Springing | Yes | Yes | 43,400,000 | 40,000,000 | 83,400,000 | No | No | NAP | NAP | NAP | ||||||||||
4 | LCM | Hampton Roads Office Portfolio | Acquisition | Lawrence Heller | Yes | Hard | In Place | Yes | No | 42,387,896 | 88,718,851 | 131,106,747 | No | Yes | Mezzanine Loan | 19,715,300 | 7.97750 | ||||||||||
4.01 | LCM | 510 Independence Parkway | Verizon Wireless | 12,258 | 10/31/21 | ||||||||||||||||||||||
4.02 | LCM | 676 Independence Parkway | McDonough Bolyard Peck | 7,289 | 01/31/21 | Centrotrade | 5,874 | 01/31/23 | |||||||||||||||||||
4.03 | LCM | 700 Independence Parkway | Distinct Sales & Marketing | 3,125 | 07/31/22 | ||||||||||||||||||||||
4.04 | LCM | 1309 Executive Boulevard | |||||||||||||||||||||||||
4.05 | LCM | 1317 Executive Boulevard | Adtalem Global Education Inc. | 6,263 | 08/31/23 | The Whiting-Turner Contracting Company | 5,081 | 12/31/25 | |||||||||||||||||||
4.06 | LCM | 200 Golden Oak Court | Orion ICS, LLC | 7,179 | 03/31/23 | UPS Supply Chain Solutions, Inc. | 2,457 | 03/31/23 | |||||||||||||||||||
4.07 | LCM | 1301 Executive Boulevard | |||||||||||||||||||||||||
4.08 | LCM | 505 Independence Parkway | Wooten Law | 4,608 | 06/30/23 | Allstate Insurance Company | 3,545 | 01/31/23 | |||||||||||||||||||
4.09 | LCM | 1313 Executive Boulevard | |||||||||||||||||||||||||
4.10 | LCM | 208 Golden Oak Court | J.G. Wentworth Home Lending, LLC | 3,981 | 03/31/23 | People’s Home Equity, Inc. | 2,722 | 09/30/23 | |||||||||||||||||||
4.11 | LCM | 1305 Executive Boulevard | Howroyd-Wright Employment Agency, Inc. | 2,101 | 08/31/23 | Allstate Insurance Company | 1,611 | 12/31/20 | |||||||||||||||||||
4.12 | LCM | 500 Independence Parkway | |||||||||||||||||||||||||
4.13 | LCM | 501 Independence Parkway | Home Bancshares, Inc. | 4,247 | 01/31/24 | Fulton Bank, National Association | 4,239 | 03/31/23 | |||||||||||||||||||
4.14 | LCM | 1 Enterprise Parkway | Triple Canopy, Inc. | 1,980 | 08/31/21 | Innovative Vision Technologies, Inc. | 696 | MTM | |||||||||||||||||||
4.15 | LCM | 1457 Miller Store Road | U.S. Remodelers, Inc. | 8,058 | 10/31/21 | ||||||||||||||||||||||
4.16 | LCM | 2809 South Lynnhaven Road | Mclean Mortgage Corporation | 4,323 | 11/30/20 | Liberty Title & Escrow Company, LLC | 2,991 | 07/31/21 | |||||||||||||||||||
4.17 | LCM | 22 Enterprise Parkway | York Services Holding Corp. | 5,861 | 09/30/24 | Whitney, Bradley & Brown, Inc. | 3,604 | MTM | |||||||||||||||||||
4.18 | LCM | 521 Butler Farm Road | |||||||||||||||||||||||||
4.19 | LCM | 21 Enterprise Parkway | Analytical Mechanics Associates, Inc. | 6,219 | 08/31/24 | Northrop Grumman Systems | 5,717 | 11/30/21 | |||||||||||||||||||
4.20 | LCM | 484 Viking Drive | KH Family Enterprises, Inc. | 2,293 | 09/30/20 | PSI Services LLC | 1,142 | 12/31/23 | |||||||||||||||||||
4.21 | LCM | 629 Phoenix Drive | Caliber Home Loans, Inc. | 4,026 | 01/31/22 | Hubba Real Estate Services, Inc. | 3,783 | 09/30/23 | |||||||||||||||||||
4.22 | LCM | 5 Manhattan Square | |||||||||||||||||||||||||
5 | GSMC | 711 Fifth Avenue | Loro Piana USA | 24,388 | 08/31/25 | Sandler Capital | 17,200 | 06/30/27 | Refinance | Bayerische Versorgungskammer, Deutsche Finance America LLC, DF Deutsche Finance Holding AG, Hessen Lawyers Pension Fund | Yes | Hard | Springing | Yes | No | 40,000,000 | 505,000,000 | 545,000,000 | Yes | No | Permitted Mezzanine | NAP | NAP | ||||
6 | GACC | BX Industrial Portfolio | Refinance | BREIT Industrial Holdings LLC | Yes | Hard | Springing | Yes | No | 37,400,000 | 343,282,660 | 380,682,660 | No | Yes | B-Note (85,724,445)/C-Note (129,885,523)/D-Note (53,134,987) | 268,744,955 | 3.30503939035944 | ||||||||||
6.01 | GACC | Bridgewater Center 1 | |||||||||||||||||||||||||
6.02 | GACC | 401 E Laraway Rd | |||||||||||||||||||||||||
6.03 | GACC | Rochelle 1 | |||||||||||||||||||||||||
6.04 | GACC | 350A Salem Church Rd | |||||||||||||||||||||||||
6.05 | GACC | Romeoville Bldg 1 | |||||||||||||||||||||||||
6.06 | GACC | 251 E Laraway Rd | |||||||||||||||||||||||||
6.07 | GACC | 7940 Kentucky | |||||||||||||||||||||||||
6.08 | GACC | Mountain Top Distribution Center 2 | |||||||||||||||||||||||||
6.09 | GACC | Enterprise Parkway | |||||||||||||||||||||||||
6.10 | GACC | Cavalier I | Ann Sacks Tile and Stone, Inc. | 33,205 | 06/30/20 | Pioneer Photo Albums, Inc. | 33,025 | 07/31/25 | |||||||||||||||||||
6.11 | GACC | 1910 International | |||||||||||||||||||||||||
6.12 | GACC | Glen Dale | Popowski Brothers, Inc. | 9,537 | MTM | ||||||||||||||||||||||
6.13 | GACC | Romeoville Bldg 2 | |||||||||||||||||||||||||
6.14 | GACC | Enterprise Distribution Center 1 | |||||||||||||||||||||||||
6.15 | GACC | 2270 Woodale | |||||||||||||||||||||||||
6.16 | GACC | 2950 Lexington Ave South | |||||||||||||||||||||||||
6.17 | GACC | Rivers Bend Center 1B | |||||||||||||||||||||||||
6.18 | GACC | DFW Logistics Center (Bldg 4) | |||||||||||||||||||||||||
6.19 | GACC | Rivers Bend Center 1C | |||||||||||||||||||||||||
6.20 | GACC | Territorial | |||||||||||||||||||||||||
6.21 | GACC | Diamond Hill 2 | |||||||||||||||||||||||||
6.22 | GACC | Rivers Bend Center 2A | Johnson Brothers Liquor Company of California | 1,000 | 07/31/27 | ||||||||||||||||||||||
6.23 | GACC | Rivers Bend Center 1A | |||||||||||||||||||||||||
6.24 | GACC | Diamond Hill 3 | |||||||||||||||||||||||||
6.25 | GACC | Whippany Business Center 1 | DSN Associates, LLC | 13,210 | 05/31/21 | OCI Group Inc | 5,500 | 01/31/21 | |||||||||||||||||||
6.26 | GACC | The Colony Land | |||||||||||||||||||||||||
6.27 | GACC | Shawnee Distribution Center 1 | |||||||||||||||||||||||||
6.28 | GACC | Rivers Bend Center 2B | |||||||||||||||||||||||||
6.29 | GACC | 7930 Kentucky | |||||||||||||||||||||||||
6.30 | GACC | Dues Dr Distribution Center 1 | |||||||||||||||||||||||||
6.31 | GACC | Gibraltar | |||||||||||||||||||||||||
6.32 | GACC | Diamond Hill 1 | |||||||||||||||||||||||||
6.33 | GACC | DFW Logistics Center (Bldg 3) | �� | ||||||||||||||||||||||||
6.34 | GACC | Elk Grove Distribution Center 1 | |||||||||||||||||||||||||
6.35 | GACC | 1000 Lucas Way | |||||||||||||||||||||||||
6.36 | GACC | Lakeview | |||||||||||||||||||||||||
6.37 | GACC | DFW Logistics Center (Bldg 5) | |||||||||||||||||||||||||
6.38 | GACC | 9756 International | |||||||||||||||||||||||||
6.39 | GACC | 350B Salem Church Rd | |||||||||||||||||||||||||
6.40 | GACC | 6105 Trenton Ln | |||||||||||||||||||||||||
6.41 | GACC | 300 Salem Church Rd | |||||||||||||||||||||||||
6.42 | GACC | Tower | Englert, Inc. | 12,325 | 08/31/21 | Accel Entertainment | 10,625 | 10/31/23 | |||||||||||||||||||
6.43 | GACC | 1940 Fernbrook Ln | The Rennebohm Company | 17,964 | 07/31/22 | TSA Manufacturing Inc | 9,854 | 08/31/28 | |||||||||||||||||||
6.44 | GACC | Production Distribution Center 1 | |||||||||||||||||||||||||
6.45 | GACC | Culpeper | |||||||||||||||||||||||||
6.46 | GACC | Fairfield Distribution Center 1 | |||||||||||||||||||||||||
6.47 | GACC | Cavalier II | Rentokil North America, Inc. | 15,830 | 02/28/23 | ||||||||||||||||||||||
6.48 | GACC | World Park II | |||||||||||||||||||||||||
6.49 | GACC | Diamond Hill 4 | |||||||||||||||||||||||||
6.50 | GACC | 2290-2298 Woodale | |||||||||||||||||||||||||
6.51 | GACC | 514 Butler Rd | |||||||||||||||||||||||||
6.52 | GACC | Northridge II | |||||||||||||||||||||||||
6.53 | GACC | 2222 Woodale | |||||||||||||||||||||||||
6.54 | GACC | Northridge I | C. R. H. Catering Co., Inc. | 11,110 | 02/28/25 | Storefront Glass Door and More L.L.C. | 8,128 | 12/31/22 | |||||||||||||||||||
6.55 | GACC | Romeoville Distribution Center 1 | |||||||||||||||||||||||||
6.56 | GACC | 1825 Airport Exchange | Concentra Health Services, Inc. | 11,083 | 04/30/26 | Consolidated Electrical Distributors, Inc. | 8,295 | 05/31/23 | |||||||||||||||||||
6.57 | GACC | 7453 Empire - Bldg C | |||||||||||||||||||||||||
6.58 | GACC | Rivers Bend Center 1D | |||||||||||||||||||||||||
6.59 | GACC | Heathrow | |||||||||||||||||||||||||
6.60 | GACC | 2240-2250 Woodale | |||||||||||||||||||||||||
6.61 | GACC | 273 Industrial Way | |||||||||||||||||||||||||
6.62 | GACC | 7453 Empire - Bldg B | Maruka U.S.A. Inc. | 4,130 | 11/30/22 | ||||||||||||||||||||||
6.63 | GACC | 7453 Empire - Bldg A | |||||||||||||||||||||||||
6.64 | GACC | Rivers Bend Center - Land | |||||||||||||||||||||||||
6.65 | GACC | Production Distribution Center 1B | |||||||||||||||||||||||||
6.66 | GACC | Bridgewater Center 2 | |||||||||||||||||||||||||
6.67 | GACC | Laraway Land 1 | |||||||||||||||||||||||||
6.68 | GACC | Laraway Land 2 | |||||||||||||||||||||||||
7 | LCM | Whitehall III & V | GSA - MEPCOM | 24,632 | 01/15/33 | The Haskell Company | 23,390 | 11/30/24 | Refinance | Riprand Count Arco | Yes | Hard | Springing | No | NAP | NAP | NAP | NAP | No | No | NAP | NAP | NAP | ||||
8 | JPMCB | Frick Building | Dunbar, Bender, Zapf | 14,016 | 05/31/23 | Elite Transit Solutions, LLC | 13,226 | 02/28/30 | Refinance | Aaron Stauber, Alan Ades, Maurice Ades, Robert Ades, Albert Erani, Dennis Erani | Yes | Hard | Springing | No | NAP | NAP | NAP | NAP | No | No | NAP | NAP | NAP | ||||
9 | LCM | Peace Coliseum | Recapitalization | Overstock.com, Inc. | Yes | Hard | In Place | No | NAP | NAP | NAP | NAP | No | Yes | Mezzanine Loan | 12,220,159 | 5.00200 | ||||||||||
10 | JPMCB | Chase Center Tower I | Refinance | GSW Sports LLC; Uber Technologies, Inc.; Alexandria Real Estate Equities, Inc. | Yes | Hard | Springing | Yes | No | 18,213,750 | 127,496,250 | 145,710,000 | No | Yes | B-Notes (83,637,000)/C-Notes (94,453,000) | 178,090,000 | 5.30027247627604 | ||||||||||
11 | JPMCB | Chase Center Tower II | Refinance | GSW Sports LLC; Uber Technologies, Inc.; Alexandria Real Estate Equities, Inc. | Yes | Hard | Springing | Yes | No | 15,536,250 | 108,753,750 | 124,290,000 | No | Yes | B-Notes (71,363,000)/C-Notes (80,547,000) | 151,910,000 | 5.29994986241854 | ||||||||||
12 | LCM | Los Angeles Leased Fee Portfolio | Refinance | Paul Alanis, Cofinance, Inc. | Yes | Hard | Springing | Yes | No | 24,000,000 | 61,000,000 | 85,000,000 | No | No | NAP | NAP | NAP | ||||||||||
12.01 | LCM | 5901 West Century Boulevard | |||||||||||||||||||||||||
12.02 | LCM | 5959 West Century Boulevard | |||||||||||||||||||||||||
12.03 | LCM | 6151 West Century Boulevard | |||||||||||||||||||||||||
12.04 | LCM | 5933 West Century Boulevard | |||||||||||||||||||||||||
12.05 | LCM | 5940 West 98th Street | |||||||||||||||||||||||||
12.06 | LCM | 9801 Airport Boulevard | |||||||||||||||||||||||||
12.07 | LCM | 6144 West 98th Street | |||||||||||||||||||||||||
12.08 | LCM | 5960 West 98th Street | |||||||||||||||||||||||||
13 | JPMCB | 1340 Concord | Acquisition | HGGP Capital VIII, LLC, HGGP Capital IX, LLC, HGGP Capital X, LLC, HGGP Capital XI, LLC, HGGP Capital XII, LLC, HGGP Capital XIII, LLC | Yes | Hard | Springing | No | NAP | NAP | NAP | NAP | No | No | NAP | NAP | NAP | ||||||||||
14 | LCM | 1333 Main Street | Dovetail Insurance Corp. | 18,312 | 02/28/22 | Ameris Bank | 15,501 | 07/31/23 | Acquisition | Jacques Bessoudo, Iser Rabinovitz | Yes | Hard | Springing | No | NAP | NAP | NAP | NAP | No | No | NAP | NAP | NAP | ||||
15 | GSMC | City National Plaza | M. Arthur Gensler Jr. & Associates | 87,165 | 10/31/31 | Federal Insurance Company | 77,450 | 02/29/24 | Refinance | Fifth Street Properties, LLC | Yes | Hard | Springing | Yes | No | 20,000,000 | 530,000,000 | 550,000,000 | Yes | No | Permitted Mezzanine | NAP | NAP | ||||
16 | GSMC | Moffett Towers Buildings A, B & C | Refinance | Jay Paul | Yes | Hard | In Place | Yes | No | 20,000,000 | 423,000,000 | 443,000,000 | No | Yes | Subordinate Debt | 327,000,000 | 3.49000 | ||||||||||
16.01 | GSMC | Moffett Towers Building B | |||||||||||||||||||||||||
16.02 | GSMC | Moffett Towers Building C | Acuitus, Inc. | 11,319 | 08/31/24 | ||||||||||||||||||||||
16.03 | GSMC | Moffett Towers Building A | |||||||||||||||||||||||||
17 | GACC | Roscoe Office | US Bank | 4,803 | 08/31/21 | AT&T Mobility - Cingular | 4,495 | 05/31/23 | Refinance | Ara Tavitian | Yes | Hard | Springing | No | NAP | NAP | NAP | NAP | No | No | NAP | NAP | NAP | ||||
18 | LCM | Lava Ridge Business Center | Ascensus, LLC | 14,613 | 11/30/22 | Asurea Wholesale Insurance Services, Inc. | 11,094 | 03/31/24 | Acquisition | Jeff Pori | Yes | Hard | Springing | No | NAP | NAP | NAP | NAP | No | No | NAP | NAP | NAP | ||||
19 | GSMC | PCI Pharma Portfolio | Acquisition | New Mountain Net Lease Corporation, New Mountain Net Lease Partners Corporation | Yes | Hard | Springing | Yes | No | 16,750,000 | 91,750,000 | 108,500,000 | No | No | NAP | NAP | NAP | ||||||||||
19.01 | GSMC | 3001 Red Lion Road | |||||||||||||||||||||||||
19.02 | GSMC | 4536 & 4545 Assembly Drive | |||||||||||||||||||||||||
19.03 | GSMC | 6166 Nancy Ridge Drive | |||||||||||||||||||||||||
19.04 | GSMC | 6146 Nancy Ridge Drive | |||||||||||||||||||||||||
19.05 | GSMC | 1635 & 1639 New Milford School Road | |||||||||||||||||||||||||
20 | JPMCB | The Oliver | Mireya Lowe | 1,333 | 06/30/23 | Trisha Gonzalez | 1,333 | 06/04/23 | Acquisition | Andrew J. Sobel | Yes | Springing | Springing | No | NAP | NAP | NAP | NAP | No | No | NAP | NAP | NAP | ||||
21 | JPMCB | Apollo Education Group HQ Campus | Refinance | Steven Elghanayan | Yes | Hard | Springing | Yes | No | 15,000,000 | 76,500,000 | 91,500,000 | No | No | NAP | NAP | NAP | ||||||||||
22 | LCM | SHP Building IV | Blume Restaurant | 7,043 | 12/31/28 | Arthrex Goode Surgical | 6,808 | 07/31/28 | Refinance | Lance Bradford, Leilani Bradford, Par 3 Nevada Trust | Yes | Hard | Springing | No | NAP | NAP | NAP | NAP | No | No | NAP | NAP | NAP | ||||
23 | GACC | GIP REIT Portfolio | Refinance | David Sobelman, Generation Income Properties, L.P. | Yes | Hard | Springing | No | NAP | NAP | NAP | NAP | No | No | NAP | NAP | NAP | ||||||||||
23.01 | GACC | 15091 Alabama Highway 20 | |||||||||||||||||||||||||
23.02 | GACC | 1300 South Dale Mabry Highway | |||||||||||||||||||||||||
23.03 | GACC | 3707 14th Street Northwest | |||||||||||||||||||||||||
24 | GACC | Staples Headquarters | Acquisition | LCN North American Fund III REIT | Yes | Hard | In Place | Yes | No | 10,000,000 | 80,000,000 | 90,000,000 | No | No | NAP | NAP | NAP | ||||||||||
25 | LCM | NOV Headquarters | Acquisition | Franklin B. Mandel | Yes | Hard | Springing | Yes | No | 10,000,000 | 29,200,000 | 39,200,000 | No | No | NAP | NAP | NAP | ||||||||||
26 | GACC | Briarcliff Apartments | Refinance | Michael L. Joseph | Yes | Springing | Springing | No | NAP | NAP | NAP | NAP | No | No | NAP | NAP | NAP | ||||||||||
27 | GSMC | Stuart’s Crossing | AAA | 2,033 | 06/30/20 | Rosati’s | 1,667 | 10/31/24 | Acquisition | Sterling Value Add Partners III, L.P., Sterling Value Add Partners (NR) III, L.P. | Yes | Hard | Springing | No | NAP | NAP | NAP | NAP | Yes | No | Permitted Mezzanine | NAP | NAP | ||||
28 | LCM | KB Fresenius & DaVita Southeast Portfolio | Acquisition | Jeff Pori | Yes | Hard | Springing | No | NAP | NAP | NAP | NAP | No | No | NAP | NAP | NAP | ||||||||||
28.01 | LCM | 4751 West Fuqua Street | |||||||||||||||||||||||||
28.02 | LCM | 205 Belle Meade Point | |||||||||||||||||||||||||
28.03 | LCM | 3530 Rowe Lane | |||||||||||||||||||||||||
28.04 | LCM | 5552 Platt Springs Road | |||||||||||||||||||||||||
29 | GSMC | Caton Crossings | Lucky Bamboo Asian Cuisine | 3,000 | 03/31/24 | Brava | 3,000 | 03/31/29 | Acquisition | Sterling Value Add Partners III, L.P., Sterling Value Add Partners (NR) III, L.P. | Yes | Hard | Springing | No | NAP | NAP | NAP | NAP | Yes | No | Permitted Mezzanine | NAP | NAP | ||||
30 | GSMC | Midland Atlantic Portfolio | Refinance | John I. Silverman | Yes | Springing | Springing | Yes | No | 7,500,000 | 37,500,000 | 45,000,000 | No | No | NAP | NAP | NAP | ||||||||||
30.01 | GSMC | Parkside Square | Aaron’s Sales and Leasing | 7,500 | 09/30/20 | El Saltillo Restaurant | 5,000 | 06/30/24 | |||||||||||||||||||
30.02 | GSMC | Maysville Marketsquare | Factory Connection | 3,491 | 03/31/21 | AT&T Mobility | 1,600 | 12/31/22 | |||||||||||||||||||
30.03 | GSMC | Pinecrest Pointe | NV Nails | 3,075 | 08/31/26 | Karate International | 2,771 | 09/30/22 | |||||||||||||||||||
30.04 | GSMC | Valleydale Marketplace | Alabama Credit Union | 1,586 | 04/30/22 | US Nails | 1,500 | 01/31/27 | |||||||||||||||||||
30.05 | GSMC | Putnam Plaza | China Buffet | 5,000 | 05/31/23 | Monical’s Pizza | 3,200 | 05/31/22 | |||||||||||||||||||
30.06 | GSMC | Heritage Plaza | Cozy Nail | 2,400 | 01/31/22 | Lendmark Financial Services | 1,400 | 12/31/24 | |||||||||||||||||||
31 | LCM | Guidepost Montessori | Acquisition | Riten Patel | Yes | Hard | Springing | No | NAP | NAP | NAP | NAP | No | No | NAP | NAP | NAP | ||||||||||
32 | LCM | Maple Grove RV Resort | Acquisition | Desimone Enterprises, LLC | Yes | Hard | Springing | No | NAP | NAP | NAP | NAP | No | No | NAP | NAP | NAP | ||||||||||
33 | JPMCB | 278 Court Street | Refinance | Sam Charney | Yes | Springing | Springing | No | NAP | NAP | NAP | NAP | No | No | NAP | NAP | NAP | ||||||||||
34 | LCM | Willow Lake Tech Center | Links Technology | 10,849 | 02/28/27 | All Industrial Electric | 6,903 | 04/30/21 | Acquisition | Bryan S. Kang, Yoon Mi Kang | Yes | Hard | Springing | No | NAP | NAP | NAP | NAP | No | No | NAP | NAP | NAP | ||||
A-1-6
ANNEX A-1
Total Debt | HOTEL OPERATING STATISTICS | |||||||||||||||||||||||
Loan # | Seller(1) | Property Name | Total Debt Cut-off Balance | Total Debt UW NCF DSCR | Total Debt Current LTV % | Total Debt UW NOI Debt Yield % | 2017 Occupancy % | 2017 ADR ($) | 2017 RevPAR ($) | 2018 Occupancy % | 2018 ADR ($) | 2018 RevPAR ($) | 2019 Occupancy % | 2019 ADR ($) | 2019 RevPAR ($) | Most Recent Occupancy % | Most Recent ADR ($) | Most Recent RevPAR ($) | UW Occupancy % | UW ADR ($) | UW RevPAR ($) | Loan # | ||
1 | LCM | LA County Office Portfolio | NAP | NAP | NAP | NAP | 1 | |||||||||||||||||
1.01 | LCM | 29903 Agoura Road | NAP | NAP | NAP | 1.01 | ||||||||||||||||||
1.02 | LCM | 29899 Agoura Road | NAP | NAP | NAP | 1.02 | ||||||||||||||||||
1.03 | LCM | 5230 Las Virgenes Road | NAP | NAP | NAP | 1.03 | ||||||||||||||||||
1.04 | LCM | 5855 Topanga Canyon Boulevard | NAP | NAP | NAP | 1.04 | ||||||||||||||||||
1.05 | LCM | 29901 Agoura Road | NAP | NAP | NAP | 1.05 | ||||||||||||||||||
2 | JPMCB/GACC/GSMC | 1633 Broadway | 1,250,000,000 | 3.08 | 52.1% | 9.5% | 2 | |||||||||||||||||
3 | GACC | 675 Creekside Way | 83,400,000 | 2.52 | 58.3% | 9.5% | 3 | |||||||||||||||||
4 | LCM | Hampton Roads Office Portfolio | 150,822,047 | 1.16 | 81.4% | 9.5% | 4 | |||||||||||||||||
4.01 | LCM | 510 Independence Parkway | 1.16 | 81.4% | 9.5% | 4.01 | ||||||||||||||||||
4.02 | LCM | 676 Independence Parkway | 1.16 | 81.4% | 9.5% | 4.02 | ||||||||||||||||||
4.03 | LCM | 700 Independence Parkway | 1.16 | 81.4% | 9.5% | 4.03 | ||||||||||||||||||
4.04 | LCM | 1309 Executive Boulevard | 1.16 | 81.4% | 9.5% | 4.04 | ||||||||||||||||||
4.05 | LCM | 1317 Executive Boulevard | 1.16 | 81.4% | 9.5% | 4.05 | ||||||||||||||||||
4.06 | LCM | 200 Golden Oak Court | 1.16 | 81.4% | 9.5% | 4.06 | ||||||||||||||||||
4.07 | LCM | 1301 Executive Boulevard | 1.16 | 81.4% | 9.5% | 4.07 | ||||||||||||||||||
4.08 | LCM | 505 Independence Parkway | 1.16 | 81.4% | 9.5% | 4.08 | ||||||||||||||||||
4.09 | LCM | 1313 Executive Boulevard | 1.16 | 81.4% | 9.5% | 4.09 | ||||||||||||||||||
4.10 | LCM | 208 Golden Oak Court | 1.16 | 81.4% | 9.5% | 4.10 | ||||||||||||||||||
4.11 | LCM | 1305 Executive Boulevard | 1.16 | 81.4% | 9.5% | 4.11 | ||||||||||||||||||
4.12 | LCM | 500 Independence Parkway | 1.16 | 81.4% | 9.5% | 4.12 | ||||||||||||||||||
4.13 | LCM | 501 Independence Parkway | 1.16 | 81.4% | 9.5% | 4.13 | ||||||||||||||||||
4.14 | LCM | 1 Enterprise Parkway | 1.16 | 81.4% | 9.5% | 4.14 | ||||||||||||||||||
4.15 | LCM | 1457 Miller Store Road | 1.16 | 81.4% | 9.5% | 4.15 | ||||||||||||||||||
4.16 | LCM | 2809 South Lynnhaven Road | 1.16 | 81.4% | 9.5% | 4.16 | ||||||||||||||||||
4.17 | LCM | 22 Enterprise Parkway | 1.16 | 81.4% | 9.5% | 4.17 | ||||||||||||||||||
4.18 | LCM | 521 Butler Farm Road | 1.16 | 81.4% | 9.5% | 4.18 | ||||||||||||||||||
4.19 | LCM | 21 Enterprise Parkway | 1.16 | 81.4% | 9.5% | 4.19 | ||||||||||||||||||
4.20 | LCM | 484 Viking Drive | 1.16 | 81.4% | 9.5% | 4.20 | ||||||||||||||||||
4.21 | LCM | 629 Phoenix Drive | 1.16 | 81.4% | 9.5% | 4.21 | ||||||||||||||||||
4.22 | LCM | 5 Manhattan Square | 1.16 | 81.4% | 9.5% | 4.22 | ||||||||||||||||||
5 | GSMC | 711 Fifth Avenue | 545,000,000 | 2.90 | 54.5% | 9.4% | 5 | |||||||||||||||||
6 | GACC | BX Industrial Portfolio | 649,427,615 | 2.09 | 67.6% | 7.5% | 6 | |||||||||||||||||
6.01 | GACC | Bridgewater Center 1 | 2.09 | 67.6% | 7.5% | 6.01 | ||||||||||||||||||
6.02 | GACC | 401 E Laraway Rd | 2.09 | 67.6% | 7.5% | 6.02 | ||||||||||||||||||
6.03 | GACC | Rochelle 1 | 2.09 | 67.6% | 7.5% | 6.03 | ||||||||||||||||||
6.04 | GACC | 350A Salem Church Rd | 2.09 | 67.6% | 7.5% | 6.04 | ||||||||||||||||||
6.05 | GACC | Romeoville Bldg 1 | 2.09 | 67.6% | 7.5% | 6.05 | ||||||||||||||||||
6.06 | GACC | 251 E Laraway Rd | 2.09 | 67.6% | 7.5% | 6.06 | ||||||||||||||||||
6.07 | GACC | 7940 Kentucky | 2.09 | 67.6% | 7.5% | 6.07 | ||||||||||||||||||
6.08 | GACC | Mountain Top Distribution Center 2 | 2.09 | 67.6% | 7.5% | 6.08 | ||||||||||||||||||
6.09 | GACC | Enterprise Parkway | 2.09 | 67.6% | 7.5% | 6.09 | ||||||||||||||||||
6.10 | GACC | Cavalier I | 2.09 | 67.6% | 7.5% | 6.10 | ||||||||||||||||||
6.11 | GACC | 1910 International | 2.09 | 67.6% | 7.5% | 6.11 | ||||||||||||||||||
6.12 | GACC | Glen Dale | 2.09 | 67.6% | 7.5% | 6.12 | ||||||||||||||||||
6.13 | GACC | Romeoville Bldg 2 | 2.09 | 67.6% | 7.5% | 6.13 | ||||||||||||||||||
6.14 | GACC | Enterprise Distribution Center 1 | 2.09 | 67.6% | 7.5% | 6.14 | ||||||||||||||||||
6.15 | GACC | 2270 Woodale | 2.09 | 67.6% | 7.5% | 6.15 | ||||||||||||||||||
6.16 | GACC | 2950 Lexington Ave South | 2.09 | 67.6% | 7.5% | 6.16 | ||||||||||||||||||
6.17 | GACC | Rivers Bend Center 1B | 2.09 | 67.6% | 7.5% | 6.17 | ||||||||||||||||||
6.18 | GACC | DFW Logistics Center (Bldg 4) | 2.09 | 67.6% | 7.5% | 6.18 | ||||||||||||||||||
6.19 | GACC | Rivers Bend Center 1C | 2.09 | 67.6% | 7.5% | 6.19 | ||||||||||||||||||
6.20 | GACC | Territorial | 2.09 | 67.6% | 7.5% | 6.20 | ||||||||||||||||||
6.21 | GACC | Diamond Hill 2 | 2.09 | 67.6% | 7.5% | 6.21 | ||||||||||||||||||
6.22 | GACC | Rivers Bend Center 2A | 2.09 | 67.6% | 7.5% | 6.22 | ||||||||||||||||||
6.23 | GACC | Rivers Bend Center 1A | 2.09 | 67.6% | 7.5% | 6.23 | ||||||||||||||||||
6.24 | GACC | Diamond Hill 3 | 2.09 | 67.6% | 7.5% | 6.24 | ||||||||||||||||||
6.25 | GACC | Whippany Business Center 1 | 2.09 | 67.6% | 7.5% | 6.25 | ||||||||||||||||||
6.26 | GACC | The Colony Land | 2.09 | 67.6% | 7.5% | 6.26 | ||||||||||||||||||
6.27 | GACC | Shawnee Distribution Center 1 | 2.09 | 67.6% | 7.5% | 6.27 | ||||||||||||||||||
6.28 | GACC | Rivers Bend Center 2B | 2.09 | 67.6% | 7.5% | 6.28 | ||||||||||||||||||
6.29 | GACC | 7930 Kentucky | 2.09 | 67.6% | 7.5% | 6.29 | ||||||||||||||||||
6.30 | GACC | Dues Dr Distribution Center 1 | 2.09 | 67.6% | 7.5% | 6.30 | ||||||||||||||||||
6.31 | GACC | Gibraltar | 2.09 | 67.6% | 7.5% | 6.31 | ||||||||||||||||||
6.32 | GACC | Diamond Hill 1 | 2.09 | 67.6% | 7.5% | 6.32 | ||||||||||||||||||
6.33 | GACC | DFW Logistics Center (Bldg 3) | 2.09 | 67.6% | 7.5% | 6.33 | ||||||||||||||||||
6.34 | GACC | Elk Grove Distribution Center 1 | 2.09 | 67.6% | 7.5% | 6.34 | ||||||||||||||||||
6.35 | GACC | 1000 Lucas Way | 2.09 | 67.6% | 7.5% | 6.35 | ||||||||||||||||||
6.36 | GACC | Lakeview | 2.09 | 67.6% | 7.5% | 6.36 | ||||||||||||||||||
6.37 | GACC | DFW Logistics Center (Bldg 5) | 2.09 | 67.6% | 7.5% | 6.37 | ||||||||||||||||||
6.38 | GACC | 9756 International | 2.09 | 67.6% | 7.5% | 6.38 | ||||||||||||||||||
6.39 | GACC | 350B Salem Church Rd | 2.09 | 67.6% | 7.5% | 6.39 | ||||||||||||||||||
6.40 | GACC | 6105 Trenton Ln | 2.09 | 67.6% | 7.5% | 6.40 | ||||||||||||||||||
6.41 | GACC | 300 Salem Church Rd | 2.09 | 67.6% | 7.5% | 6.41 | ||||||||||||||||||
6.42 | GACC | Tower | 2.09 | 67.6% | 7.5% | 6.42 | ||||||||||||||||||
6.43 | GACC | 1940 Fernbrook Ln | 2.09 | 67.6% | 7.5% | 6.43 | ||||||||||||||||||
6.44 | GACC | Production Distribution Center 1 | 2.09 | 67.6% | 7.5% | 6.44 | ||||||||||||||||||
6.45 | GACC | Culpeper | 2.09 | 67.6% | 7.5% | 6.45 | ||||||||||||||||||
6.46 | GACC | Fairfield Distribution Center 1 | 2.09 | 67.6% | 7.5% | 6.46 | ||||||||||||||||||
6.47 | GACC | Cavalier II | 2.09 | 67.6% | 7.5% | 6.47 | ||||||||||||||||||
6.48 | GACC | World Park II | 2.09 | 67.6% | 7.5% | 6.48 | ||||||||||||||||||
6.49 | GACC | Diamond Hill 4 | 2.09 | 67.6% | 7.5% | 6.49 | ||||||||||||||||||
6.50 | GACC | 2290-2298 Woodale | 2.09 | 67.6% | 7.5% | 6.50 | ||||||||||||||||||
6.51 | GACC | 514 Butler Rd | 2.09 | 67.6% | 7.5% | 6.51 | ||||||||||||||||||
6.52 | GACC | Northridge II | 2.09 | 67.6% | 7.5% | 6.52 | ||||||||||||||||||
6.53 | GACC | 2222 Woodale | 2.09 | 67.6% | 7.5% | 6.53 | ||||||||||||||||||
6.54 | GACC | Northridge I | 2.09 | 67.6% | 7.5% | 6.54 | ||||||||||||||||||
6.55 | GACC | Romeoville Distribution Center 1 | 2.09 | 67.6% | 7.5% | 6.55 | ||||||||||||||||||
6.56 | GACC | 1825 Airport Exchange | 2.09 | 67.6% | 7.5% | 6.56 | ||||||||||||||||||
6.57 | GACC | 7453 Empire - Bldg C | 2.09 | 67.6% | 7.5% | 6.57 | ||||||||||||||||||
6.58 | GACC | Rivers Bend Center 1D | 2.09 | 67.6% | 7.5% | 6.58 | ||||||||||||||||||
6.59 | GACC | Heathrow | 2.09 | 67.6% | 7.5% | 6.59 | ||||||||||||||||||
6.60 | GACC | 2240-2250 Woodale | 2.09 | 67.6% | 7.5% | 6.60 | ||||||||||||||||||
6.61 | GACC | 273 Industrial Way | 2.09 | 67.6% | 7.5% | 6.61 | ||||||||||||||||||
6.62 | GACC | 7453 Empire - Bldg B | 2.09 | 67.6% | 7.5% | 6.62 | ||||||||||||||||||
6.63 | GACC | 7453 Empire - Bldg A | 2.09 | 67.6% | 7.5% | 6.63 | ||||||||||||||||||
6.64 | GACC | Rivers Bend Center - Land | 2.09 | 67.6% | 7.5% | 6.64 | ||||||||||||||||||
6.65 | GACC | Production Distribution Center 1B | 2.09 | 67.6% | 7.5% | 6.65 | ||||||||||||||||||
6.66 | GACC | Bridgewater Center 2 | 2.09 | 67.6% | 7.5% | 6.66 | ||||||||||||||||||
6.67 | GACC | Laraway Land 1 | 2.09 | 67.6% | 7.5% | 6.67 | ||||||||||||||||||
6.68 | GACC | Laraway Land 2 | 2.09 | 67.6% | 7.5% | 6.68 | ||||||||||||||||||
7 | LCM | Whitehall III & V | NAP | NAP | NAP | NAP | 7 | |||||||||||||||||
8 | JPMCB | Frick Building | NAP | NAP | NAP | NAP | 8 | |||||||||||||||||
9 | LCM | Peace Coliseum | 46,720,159 | 2.03 | 58.4% | 10.1% | 9 | |||||||||||||||||
10 | JPMCB | Chase Center Tower I | 323,800,000 | 1.36 | 69.5% | 6.2% | 10 | |||||||||||||||||
11 | JPMCB | Chase Center Tower II | 276,200,000 | 1.36 | 69.5% | 6.2% | 11 | |||||||||||||||||
12 | LCM | Los Angeles Leased Fee Portfolio | 85,000,000 | 1.75 | 63.0% | 6.2% | 12 | |||||||||||||||||
12.01 | LCM | 5901 West Century Boulevard | 1.75 | 63.0% | 6.2% | 12.01 | ||||||||||||||||||
12.02 | LCM | 5959 West Century Boulevard | 1.75 | 63.0% | 6.2% | 12.02 | ||||||||||||||||||
12.03 | LCM | 6151 West Century Boulevard | 1.75 | 63.0% | 6.2% | 12.03 | ||||||||||||||||||
12.04 | LCM | 5933 West Century Boulevard | 1.75 | 63.0% | 6.2% | 12.04 | ||||||||||||||||||
12.05 | LCM | 5940 West 98th Street | 1.75 | 63.0% | 6.2% | 12.05 | ||||||||||||||||||
12.06 | LCM | 9801 Airport Boulevard | 1.75 | 63.0% | 6.2% | 12.06 | ||||||||||||||||||
12.07 | LCM | 6144 West 98th Street | 1.75 | 63.0% | 6.2% | 12.07 | ||||||||||||||||||
12.08 | LCM | 5960 West 98th Street | 1.75 | 63.0% | 6.2% | 12.08 | ||||||||||||||||||
13 | JPMCB | 1340 Concord | NAP | NAP | NAP | NAP | 13 | |||||||||||||||||
14 | LCM | 1333 Main Street | NAP | NAP | NAP | NAP | 14 | |||||||||||||||||
15 | GSMC | City National Plaza | 550,000,000 | 4.59 | 41.4% | 12.3% | 15 | |||||||||||||||||
16 | GSMC | Moffett Towers Buildings A, B & C | 770,000,000 | 2.09 | 67.2% | 7.5% | 16 | |||||||||||||||||
16.01 | GSMC | Moffett Towers Building B | 2.09 | 67.2% | 7.5% | 16.01 | ||||||||||||||||||
16.02 | GSMC | Moffett Towers Building C | 2.09 | 67.2% | 7.5% | 16.02 | ||||||||||||||||||
16.03 | GSMC | Moffett Towers Building A | 2.09 | 67.2% | 7.5% | 16.03 | ||||||||||||||||||
17 | GACC | Roscoe Office | NAP | NAP | NAP | NAP | 17 | |||||||||||||||||
18 | LCM | Lava Ridge Business Center | NAP | NAP | NAP | NAP | 18 | |||||||||||||||||
19 | GSMC | PCI Pharma Portfolio | 108,500,000 | 2.61 | 65.4% | 9.5% | 19 | |||||||||||||||||
19.01 | GSMC | 3001 Red Lion Road | 2.61 | 65.4% | 9.5% | 19.01 | ||||||||||||||||||
19.02 | GSMC | 4536 & 4545 Assembly Drive | 2.61 | 65.4% | 9.5% | 19.02 | ||||||||||||||||||
19.03 | GSMC | 6166 Nancy Ridge Drive | 2.61 | 65.4% | 9.5% | 19.03 | ||||||||||||||||||
19.04 | GSMC | 6146 Nancy Ridge Drive | 2.61 | 65.4% | 9.5% | 19.04 | ||||||||||||||||||
19.05 | GSMC | 1635 & 1639 New Milford School Road | 2.61 | 65.4% | 9.5% | 19.05 | ||||||||||||||||||
20 | JPMCB | The Oliver | NAP | NAP | NAP | NAP | 20 | |||||||||||||||||
21 | JPMCB | Apollo Education Group HQ Campus | 91,500,000 | 4.15 | 47.2% | 14.9% | 21 | |||||||||||||||||
22 | LCM | SHP Building IV | NAP | NAP | NAP | NAP | 22 | |||||||||||||||||
23 | GACC | GIP REIT Portfolio | NAP | NAP | NAP | NAP | 23 | |||||||||||||||||
23.01 | GACC | 15091 Alabama Highway 20 | NAP | NAP | NAP | 23.01 | ||||||||||||||||||
23.02 | GACC | 1300 South Dale Mabry Highway | NAP | NAP | NAP | 23.02 | ||||||||||||||||||
23.03 | GACC | 3707 14th Street Northwest | NAP | NAP | NAP | 23.03 | ||||||||||||||||||
24 | GACC | Staples Headquarters | 90,000,000 | 3.98 | 45.5% | 12.9% | 24 | |||||||||||||||||
25 | LCM | NOV Headquarters | 39,200,000 | 1.71 | 68.8% | 8.2% | 25 | |||||||||||||||||
26 | GACC | Briarcliff Apartments | NAP | NAP | NAP | NAP | 26 | |||||||||||||||||
27 | GSMC | Stuart’s Crossing | NAP | NAP | NAP | NAP | 27 | |||||||||||||||||
28 | LCM | KB Fresenius & DaVita Southeast Portfolio | NAP | NAP | NAP | NAP | 28 | |||||||||||||||||
28.01 | LCM | 4751 West Fuqua Street | NAP | NAP | NAP | 28.01 | ||||||||||||||||||
28.02 | LCM | 205 Belle Meade Point | NAP | NAP | NAP | 28.02 | ||||||||||||||||||
28.03 | LCM | 3530 Rowe Lane | NAP | NAP | NAP | 28.03 | ||||||||||||||||||
28.04 | LCM | 5552 Platt Springs Road | NAP | NAP | NAP | 28.04 | ||||||||||||||||||
29 | GSMC | Caton Crossings | NAP | NAP | NAP | NAP | 29 | |||||||||||||||||
30 | GSMC | Midland Atlantic Portfolio | 45,000,000 | 1.42 | 70.1% | 8.9% | 30 | |||||||||||||||||
30.01 | GSMC | Parkside Square | 1.42 | 70.1% | 8.9% | 30.01 | ||||||||||||||||||
30.02 | GSMC | Maysville Marketsquare | 1.42 | 70.1% | 8.9% | 30.02 | ||||||||||||||||||
30.03 | GSMC | Pinecrest Pointe | 1.42 | 70.1% | 8.9% | 30.03 | ||||||||||||||||||
30.04 | GSMC | Valleydale Marketplace | 1.42 | 70.1% | 8.9% | 30.04 | ||||||||||||||||||
30.05 | GSMC | Putnam Plaza | 1.42 | 70.1% | 8.9% | 30.05 | ||||||||||||||||||
30.06 | GSMC | Heritage Plaza | 1.42 | 70.1% | 8.9% | 30.06 | ||||||||||||||||||
31 | LCM | Guidepost Montessori | NAP | NAP | NAP | NAP | 31 | |||||||||||||||||
32 | LCM | Maple Grove RV Resort | NAP | NAP | NAP | NAP | 32 | |||||||||||||||||
33 | JPMCB | 278 Court Street | NAP | NAP | NAP | NAP | 33 | |||||||||||||||||
34 | LCM | Willow Lake Tech Center | NAP | NAP | NAP | NAP | 34 | |||||||||||||||||
A-1-7
Footnotes to Annex A-1 | |
(1) | “JPMCB” denotes JPMorgan Chase Bank, National Association, as Mortgage Loan Seller; “LCM” denotes LoanCore Capital Markets LLC, as Mortgage Loan Seller; “GACC” denotes German American Capital Corporation or one of its affiliates, as Mortgage Loan Seller; and “GSMC” denotes Goldman Sachs Mortgage Company , or one of its affiliates, as Mortgage Loan Seller. With respect to Loan No. 2, 1633 Broadway, the whole loan was co-originated by DBR Investments Co. Limited, Wells Fargo Bank, National Association, JPMCB and Goldman Sachs Bank USA. JPMCB is contributing Note A-3-C-7 with an original principal balance of $27,500,000, GACC is contributing Note A-2-C-2-B with an original principal balance of $20,000,000, and GSMC is contributing Note A-1-C-4-B with an original principal balance of $10,000,000. With respect to Loan No. 5, 711 Fifth Avenue, the whole loan was co-originated by Goldman Sachs Bank USA and Bank of America, N.A. With respect to Loan No. 15, City National Plaza, the whole loan was co-originated by Goldman Sachs Bank USA and Morgan Stanley Bank, N.A. With respect to Loan No. 16, Moffett Towers Buildings A, B & C, the whole loan was co-originated by Goldman Sachs Bank USA, DBR Investments Co. Limited and JPMCB. |
(2) | With respect to Loan No. 2, 1633 Broadway, the mortgaged property includes 145,192 square feet of theater space, constituting approximately 5.7% of the net rentable area, and approximately 80,000 square feet of retail space, constituting approximately 3.1% of the net rentable area, of which approximately 40,000 square feet is vacant. With respect to Loan No. 6, BX Industrial Portfolio, five of the Mortgaged Properties are Leased Fee and account for 1.9% of the total allocated loan amount. These five properties are not included in square footage calculations and do not account for any underwritten base rent |
(3) | Certain of the mortgage loans include parcels ground leased to tenants in the calculation of the total square footage and the occupancy of the mortgaged property. With respect to Loan No. 16, Moffett Towers Buildings A, B & C, the mortgaged property is part of the Moffett Towers Campus. The Moffett Towers Campus includes a certain common area amenities parcel, which is owned by the Moffett Towers Building H & Amenities Parcel Association LLC. The Moffett Towers Campus also includes a Lot 1 common area, which is owned by the Moffett Towers Lot 1 Association LLC. Building owners within the Moffett Towers Campus are members of the associations and share the right to use these areas by virtue of such membership. There is no allocation of the common area amenities to any particular building, and the common areas are not included in the collateral. |
(4) | In certain cases, mortgaged properties may have tenants that have executed leases that were included in the underwriting but have not yet commenced paying rent and/or are not in occupancy. UW Revenues ($), UW NOI ($) and UW NCF ($) are generally calculated by the Mortgage Loan Seller in accordance with its underwriting guidelines. UW NOI ($) and UW NCF ($) may include contractual or market rent escalations and, in the case of certain tenants, may be based on the average rent paid by the tenant through either the term of the related lease or the mortgage loan. Please see “Description of the Mortgage Pool—Certain Calculations and Definitions” for additional information. With respect to Loan No. 2, 1633 Broadway, New Mountain Capital LLC, representing 4.2% of the net rentable area, has executed a lease but has not yet taken occupancy or begun paying rent. With respect to Loan No. 3, 675 Creekside Way, the sole tenant, 8x8, has free rent through December 31, 2020, which has been reserved for. With respect to Loan No. 5, 711 Fifth Avenue, Ralph Lauren, representing approximately 11.4% of the net rentable area, is dark with respect to 38,638 square feet of its space. The tenant continues to operate the 7,436 square foot Polo Bar at the mortgaged property which is currently closed. With respect to Loan Nos. 10 and 11, Chase Center Tower I and Chase Center Tower II, the sole tenant, Uber Technologies, Inc., representing 100.0% of the net rentable area of the mortgaged properties, executed two leases for the premises in March 2018. Uber began paying rent in September and October 2019 but is not yet in occupancy. Uber was expected to begin taking occupancy in June 2020 upon completion of the buildout of Uber’s space, which has been temporarily delayed due to the impact of the COVID-19 pandemic. |
With respect to Loan No. 13, 1340 Concord, the sole tenant at the mortgaged property, Ultimate Software, has executed a lease which commenced on November 1, 2019, but had its buildout halted because of the COVID-19 pandemic, and is in the process of finalizing a new buildout plan while taking into consideration certain guidelines related to the COVID-19 pandemic. The tenant has commenced paying rent and is current on all outstanding contractual rent obligations. The tenant has not requested any rent relief, and the borrower was required at loan origination to deposit $4,028,400 for an outstanding tenant improvement allowance. With respect to Loan No. 16, Moffett Towers Buildings A, B & C, Google, representing 85.6% of net rentable area, has executed leases for Building B and Building C but has not yet accepted delivery or begun paying rent. Google took possession of the initial phase of its space in Building C (96,282 square feet of the total 181,196) on March 1, 2020 and was expected to begin paying rent for the related space beginning in September 2020. However, Google has reached out to the borrower sponsor claiming that the ongoing COVID-19 pandemic and subsequent state of emergency declaration from the City of Sunnyvale has prohibited the tenant’s ability to access Building C, construct tenant improvements or conduct business. Thus, Google is requesting that its rent commencement date be pushed out on a day-by-day basis until the impacts of the COVID-19 pandemic on its ability to access the property and complete tenant improvements have passed. The borrower sponsor responded that it satisfied its obligation to deliver the space on time and therefore rent commencement should begin as originally anticipated. Additionally the ongoing COVID-19 pandemic may delay the delivery of the remaining space that Google is expected to take in Building B and Building C, which would impact and/ or delay the rent commencement date for its remaining spaces. We cannot assure you that the dispute will be resolved in a timely manner. We also cannot assure you if or when Google will begin paying rent on its delivered space. With respect to Loan No. 16, Moffett Towers Buildings A, B & C, Comcast has executed a lease extension and relocation for 111,707 square feet. The relocation space consists of 40,296 square feet and Comcast is expected to take possession of the relocation space in November 2020 and begin paying rent on both the existing space and relocation space in March 2021. We cannot assure you that the tenant will occupy its space or commence the payment of rent as expected or at all. | |
(5) | With respect to all mortgage loans, with the exceptions of the mortgage loans listed below, the Current LTV % and the Maturity LTV % are based on the “as-is” Appraisal Value ($) even though, for certain mortgage loans, the appraiser provided “as-stabilized” values based on certain criteria being met. With respect to Loan No. 2, 1633 Broadway, the Appraised Value includes the extraordinary assumption that the owner has provided a $55,980,670 capital expenditure budget that is projected to occur over the initial 10 years of the investment holding period, which was utilized to estimate the value set forth in the appraisal. Such capital expenditures are not required and have not been reserved for under the mortgage loan documents, and we cannot assure you that they will be made. With respect to Loan No. 3, 675 Creekside Way, the Appraised Value ($), Current LTV %, and Maturity LTV % are based on the “As-Stabilized” Value of $143,000,000, which reflects the rent commencement date, following the free rent period. At loan origination, approximately $8.5 million was deposited into a free rent reserve in connection with the ongoing free rent period. Based on the “As-Is” appraised value of $131,000,000, the Current LTV % and Maturity LTV are both equal to 63.7%. With respect to Loan Nos. 10 and 11, Chase Center Tower I and Chase Center Tower II, the Appraised Value is reflective of the “Hypothetical As-If Funded” value, which assumes all remaining construction and tenant improvements as of December 19, 2019 have been paid for or funded. At loan origination, the borrowers reserved $62,678,348 for all outstanding tenant improvements and outstanding repairs. Such construction and tenant improvements have since been funded. The “As-Is” appraised value as of December 19, 2019 is $789.1 million, which results in a senior notes and whole loan Cut-off LTV of approximately 34.2% and 76.0%, respectively. With respect to Loan No. 16, Moffett Towers Buildings A, B & C, the Current LTV % and Maturity LTV % are calculated utilizing the “As-Stabilized” portfolio appraised value of $1,145,000,000 as of October 1, 2021, which assumes that both Google and Comcast take occupancy at the mortgaged properties and are paying unabated rent as of October 1, 2021. The Current LTV % and Maturity LTV % calculated based on the “As-Is” appraised value of $995,000,000, as of January 3, 2020, are both 44.5%. |
(6) | For mortgage loans secured by multiple mortgaged properties, each mortgage loan’s Original Balance ($), Current Balance ($), and Maturity/ARD Balance ($) are allocated to the respective mortgaged property based on the mortgage loan’s documentation, or if no such allocation is provided in the mortgage loan documentation, the mortgage loan seller’s determination of the appropriate allocation. With respect to Loan Nos. 10 and 11, Chase Center Tower I and Chase Center Tower II (together, “Chase Center Towers”), the mortgage loans are cross-collateralized and cross-defaulted. All loan level metrics are based on the aggregate Cut-off Date Balance and Maturity or ARD Balance of $33,750,000. The Chase Center Towers whole loan documents provide that the borrowers have the right to the release of an individual property from the lien of the mortgage, provided that the borrowers satisfy certain terms and conditions to set forth in the cross agreement, including among other things (i) no event of default under the Chase Center Towers whole loan documents has occurred and is continuing, (ii) the individual borrower making such request will (1) make a prepayment of the released loan in full in accordance with its respective loan agreement or defease the released loan in full, and (2) cause the borrower under the remaining loan to either (x) pay to the remaining lender, an amount equal to 15% of the outstanding principal balance of the released loan including, interest for the full accrual period during which the prepayment occurs (or if such payment is made on a payment date, the full accrual period applicable to such payment date) and if such prepayment is made on or before the permitted prepayment date, the yield maintenance premium, which amount will be applied as a prepayment of the principal balance of the remaining loan or (y) defease the remaining loan in part by an amount equal to 15% of the outstanding principal balance of the released loan including interest that has or would have accrued on the portion of the remaining loan defeased for the full accrual period during which the partial defeasance occurs (or if such partial defeasance is made on a payment date, the full accrual period applicable to such payment date), (iii) delivery of evidence reasonably acceptable to the remaining lender that (A) the release property and the remaining property have been separately assessed for taxes and the release property constitutes or will constitute a separate tax lot, and (B) the lender receives evidence reasonably satisfactory to the lender that after giving effect to such release, the remaining property will continue to comply with all applicable laws (including all zoning, building, land use or parking or other similar legal requirements with respect to such property), (iv) subsequent to such release, the borrower that owns the remaining property will continue to be a special purpose entity, and (v) the debt service coverage ratio of the remaining loan, after giving effect to the release and to the partial prepayment of the remaining loan above, will be equal to or greater than the greater of (x) 1.45x for the release of the Chase Center Tower II and 1.43x for the release of the Chase Center Tower I and (y) the aggregate debt service coverage ratio immediately prior to such release. |
(7) | With respect to Loan Nos. 2, 3, 4, 5, 6, 10, 11, 12, 15, 16, 19, 21, 24, 25 and 30, 1633 Broadway, 675 Creekside Way, Hampton Roads Office Portfolio, 711 Fifth Avenue, BX Industrial Portfolio, Chase Center Tower I, Chase Center Tower II, Los Angeles Leased Fee Portfolio, City National Plaza, Moffett Towers Buildings A, B & C, PCI Pharma Portfolio, Apollo Education Group HQ Campus, Staples Headquarters, NOV Headquarters and Midland Atlantic Portfolio, in each case, the mortgage loan is part of a larger split whole loan, which consists of the mortgage loan and one or more pari passu and/or subordinate components. Please see “Description of the Mortgage Pool—The Whole Loans” for additional information. |
(8) | Each number identifies a group of related borrowers. With respect to Loan Nos. 2, 13 and 25, 1633 Broadway, 1340 Concord and NOV Headquarters, the borrowers own the mortgaged property as tenants-in-common. |
(9) | For each mortgage loan, the Net Mortgage Rate % is equal to the excess of the related Interest Rate % over the related Servicing Fee Rate, the Trustee Fee Rate (including the Certificate Administrator Fee Rate), the Operating Advisor Fee Rate, the Asset Representations Reviewer Fee Rate and the CREFC® Intellectual Property Royalty License Fee Rate (collectively, the “Admin Fee %”). |
(10) | For the mortgage loans that are interest-only for the entire term and accrue interest on an Actual/360 basis, the Monthly Debt Service ($) was calculated as 1/12th of the product of (i) the Original Balance ($), (ii) the Interest Rate % and (iii) 365/360. With respect to Loan No. 6, BX Industrial Portfolio, the related whole loan is split between (i) a 17-month revolving floating rate loan with five, one-year extension options (the “BX Industrial Portfolio Floating Rate Loan”) with an aggregate Cut-off Date principal balance of approximately $99.4 million, and (ii) a 77-month fixed rate componentized loan (the “BX Industrial Portfolio Fixed Rate Loan”) comprised of (A) a senior fixed rate loan (the “BX Industrial Portfolio Senior Fixed Rate Loan”), with an aggregate Cut-off Date principal balance of $322.4 million evidenced by eight A-Notes, and (B) a subordinate fixed rate loan (the “BX Industrial Portfolio Subordinate Fixed Rate Loan”), with an aggregate Cut-off Date principal balance of $227.6 million, evidenced by Note A-1-B, Note A-1-C-1 and Note A-1-C-2, and Note A-1-D, each of which is subordinate to all notes with a prior alphabetical designation. The BX Industrial Portfolio Senior Fixed Rate Loan is senior to the BX Industrial Portfolio Subordinate Fixed Rate Loan. The BX Industrial Portfolio Fixed Rate Loan and BX Industrial Portfolio Floating Rate Loan are pari passu, provided that voluntary prepayments are applied first to the BX Industrial Portfolio Floating Rate Loan. The interest rate on the BX Industrial Portfolio Floating Rate Loan is LIBOR (subject to a floor of 0.00000%) plus a spread of 1.45000%. For purposes of the debt service coverage ratio calculations herein, LIBOR is assumed to be 0.50%. The BX Industrial Portfolio whole loan NCF DSCR, based on a LIBOR cap of 4.0% for the BX Industrial Portfolio Floating Rate Loan, is 1.80x. With respect to the BX Industrial Portfolio Mortgage Loan, the debt service coverage ratios, loan-to-value ratios and debt yields include approximately $58,283,000 of the Cut-off Date principal balance of the BX Industrial Portfolio Floating Rate Loan. |
(11) | With respect to all mortgage loans, Annual Debt Service ($) is calculated by multiplying the Monthly Debt Service ($) by 12. With respect to Loan No. 4, Hampton Roads Office Portfolio, Monthly Debt Service ($) is calculated based on the average of the first 12 principal and interest payments following the Cut-off Date and the Annual Debt Service ($) is calculated based on the on the sum of the first 12 principal and interest payments following the Cut-off Date based on the assumed principal and interest payment schedule set forth in Annex I to the preliminary prospectus. Accordingly, Current Balance ($), Maturity Balance ($), Monthly Debt Service ($), UW NOI DSCR, UW NCF DSCR, Total Cut-off Date Pari Passu Debt reflect this payment schedule and a fixed interest rate of 5.30000%. |
(12) | In some instances in which the loan documents provide grace periods with respect to payments, such grace periods may be permitted a limited number of times per any 12-month periods. With respect to Loan No. 15, City National Plaza, the whole loan documents provide the borrower with a five day grace period, two times per calendar year, for any payments due on a payment date (other than the maturity date). |
(13) | The “L” component of the prepayment provision represents lockout payments. The “Def” component of the prepayment provision represents defeasance payments. The “YM” component of the prepayment provision represents yield maintenance payments. The “O” Component of the prepayment provision represents the free payments including the Maturity Date . With respect to Loan No. 2, 1633 Broadway, the lockout period will be at least 30 payment dates beginning with and including the first payment date of January 6, 2020. The borrower may defease the whole loan in full after the date that is the earlier to occur of (i) November 25, 2022 or (ii) the date that is two years from the closing date of the securitization that includes the last pari passu note to be securitized. The assumed lockout period of 30 payments is based on the expected JPMDB 2020-COR7 securitization closing date in June 2020. The actual lockout period may be longer. With respect to Loan No. 3, 675 Creekside Way, the lockout period will be at least 27 payment dates beginning with and including the first payment date of April 6, 2020. Defeasance of the $83.4 million whole loan is permitted at any time after the earlier to occur of (i) two years after the closing date of the securitization that includes the last pari passu note to be securitized and (ii) March 2, 2023. The assumed lockout period of 27 payment dates is based on the expected JPMDB 2020-COR7 securitization closing date in June 2020. The actual lockout period may be longer. With respect to Loan No. 5, 711 Fifth Avenue, the lockout period will be at least 27 payment dates beginning with and including the first payment date of April 6, 2020. Defeasance of the whole loan in full is permitted after the date that is the earlier to occur of (i) March 6, 2023 or (ii) the date that is two years from the closing date of the securitization that includes the last pari passu note to be securitized. The assumed lockout period of 27 payments is based on the expected JPMDB 2020-COR7 securitization closing date in June 2020. The actual lockout period may be longer. |
With respect to Loan Nos. 10 and 11, Chase Center Tower I and Chase Center Tower II, the lockout period will be 26 payments beginning with and including the first payment date of May 10, 2020. The borrower may defease the whole loan after the earlier to occur of (i) two years after the closing date of the securitization that includes the last note to be securitized and (ii) May 10, 2023. The assumed lockout period of 26 payments is based on the expected JPMDB 2020-COR7 securitization closing date in June 2020. The actual lockout period may be longer. With respect to Loan No. 16, Moffett Towers Buildings A, B & C, the lockout period will be at least 28 payment dates beginning with and including the first payment date of March 6, 2020. Defeasance of the whole loan in full is permitted after the date that is the earlier of (i) February 6, 2023 or (ii) the date that is two years from the closing date of the securitization that includes the last pari passu note to be securitized. On and after March 6, 2022, the whole loan may be voluntarily prepaid with a prepayment fee equal to the greater of the yield maintenance amount or 1% of the unpaid principal balance as of the prepayment date. The assumed lockout period of 28 payments is based on the expected JPMDB 2020-COR7 securitization closing date in June 2020. The actual lockout period may be longer. With respect to Loan No. 21, Apollo Education Group HQ Campus, the lockout period will be at least 28 payment dates beginning with and including the first payment date of March 5, 2020. The borrower has the option to defease the whole loan in full after the earlier to occur of (i) two years after the closing date of the securitization that includes the last note to be securitized and (ii) March 5, 2024. The lockout period of 28 payments is based on the expected JPMDB 2020-COR7 transaction closing date occurring in June 2020. The actual lockout period may be longer. | |
(14) | With respect to some mortgage loans, historical financial information may not be available due to the when the properties were constructed, renovated and/or acquired. With respect to Loan No. 2, 1633 Broadway, 2019 financial information is based on the trailing 12 months ending on September 30, 2019. With respect to Loan No. 3, 675 Creekside Way, the mortgaged property was built in 2016, and the lease with the sole tenant, 8x8, did not commence until January 1, 2020. As such, historical financials are not available. With respect to Loan No. 9, Peace Coliseum, the Overstock.com lease commenced in March 2020. As such, historical financials are not available. With respect to Loan No. 19, PCI Pharma Portfolio, the mortgaged properties were acquired by the Borrower Sponsors between September and October 2019 and historical financials are not available. With respect to Loan No. 20, The Oliver, some historical financial information was not provided by the borrower because the mortgaged property was newly acquired by the borrower. With respect to Loan No. 21, Apollo Education Group HQ Campus, historical financial information was not provided by the borrower because the lease for the sole tenant at the mortgaged property, Apollo Education Group, is NNN. With respect to Loan No. 22, SHP Building IV, the related property is newly constructed and some historical financials may not be available. With respect to Loan No. 23, GIP REIT Portfolio, the three properties were acquired by the borrower at separate times between 2017 and 2018, and. historical financials are not available. With respect to Loan No. 24, Staples Headquarters, is subject to a triple-net lease with the related sole tenant and, therefore, has no or limited operating history and/or lacks historical financial figures and information. With respect to Loan Nos. 28 and 31, KB Fresenius & DaVita Southeast Portfolio and Guidepost Montessori, the related mortgaged properties were recently acquired, and some historical financials may not be available. |
With respect to Loan No. 30, Midland Atlantic Portfolio, 2019 financial information is based on the trailing 12 months ending on October 31, 2019. With respect to Loan No. 33, 278 Court Street, limited historical financial information was provided by the borrower because the mortgaged property was acquired by the borrower in August 2018. | |
(15) | In the case of certain mortgage loans, the UW NOI ($) exceeds Most Recent NOI ($) by 10%. With respect to Loan No. 7, Whitehall III & V, the increase in UW NOI ($) of more than 10% over the Most Recent NOI ($) is attributable to the GSA – ATF’s rent commencement in June 2020 (approximately $754,668 of annual rent), approximately $133,779 of average rent over the loan term for investment grade tenants and approximately $126,773 of contractual rent steps through February 2021. With respect to Loan No. 12, Los Angeles Leased Fee Portfolio, the increase in UW NOI ($) of more than 10% over the Most Recent NOI ($) is attributable to approximately $950,940 of underwritten average ground rent over loan term. With respect to Loan No. 15, City National Plaza, the increase from 2019 NOI ($) to UW NOI ($) is primarily attributable to (i) normalization of the Net Operating Income by excluding one-time free rent, (ii) the straight line credit rent step increments over the lease term (for investment grade and AmLaw 200 tenants) and (iii) incremental lease up over the past 12 months. With respect to Loan No. 16, Moffett Towers Buildings A, B & C, the increase from 2019 NOI ($) to UW NOI ($) is primarily attributable to new recent leasing to Google and Comcast and includes the straight line average of contractual rent step increments over the lease term for investment grade tenants. With respect to Loan No. 17, Roscoe Office, the increase in UW NOI ($) of more than 10% over the Most Recent NOI ($) is primarily driven by the County of Los Angeles expansion: the County of Los Angeles executed a renewal expanding their suite by 16,805 square feet. The County of Los Angeles’s annual rent increased by $374,520 (from $308,832 to now $683,352). The County of Los Angeles’s expansion rent commencement date was August 1, 2019. With respect to Loan No. 18, Lava Ridge Business Center, the increase in UW NOI ($) of more than 10% over the Most Recent NOI ($) is primarily driven by the mortgaged property’s renovation that was completed in 2018, and the subsequent lease up from 75.4% occupancy in 2018 to 89.7% current occupancy. |
With respect to Loan No. 29, Caton Crossings, the increase from 2019 NOI ($) to UW NOI ($) is primarily attributable to new recent leasing and contractual rent steps. | |
(16) | Except for the mortgage loans listed below, the UW NOI DSCR and UW NCF DSCR for all partial interest-only mortgage loans were calculated based on the first principal and interest payment after the Note Date during the term of the mortgage loan. With respect to Loan No. 4, Hampton Roads Office Portfolio, the UW NOI DSCR and UW NCF DSCR is calculated based on the sum of the first 12 principal and interest payments following the Cut-off Date based on the assumed principal and interest payment schedule set forth in Annex I to the preliminary prospectus. With respect to Loan No. 6, BX Industrial Portfolio, the Mortgage Loan UW NCF DSCR, Mortgage Loan Current LTV % and Mortgage Loan UW NOI Debt Yield % calculations reflect the BX Industrial Portfolio Senior Fixed Rate Loan and approximately $58.283 million of the Cut-off Date principal balance of the BX Industrial Portfolio Floating Rate Loan, and exclude the remaining approximately $41.145 million of the Cut-off Date principal balance of the BX Industrial Portfolio Floating Rate Loan and the BX Industrial Portfolio Subordinate Fixed Rate Loan. The Total Debt UW NCF DSCR, Total Debt Current LTV % and Total Debt UW NOI Debt Yield % calculations reflect the $550.0 million BX Industrial Portfolio Fixed Rate Loan and the approximately $99.428 million BX Industrial Portfolio Floating Rate Loan. The interest rate on the BX Industrial Portfolio Floating Rate Loan is LIBOR (subject to a floor of 0.000%) plus a spread of 1.450%. For purposes of all calculations herein, LIBOR is assumed to be 0.500%. |
(17) | In the case of certain mortgage loans, all or a portion of the Title Type consists of a leasehold interest. With respect to Loan No. 6, BX Industrial Portfolio, the mortgaged properties in DFW Logistics Center (Bldg 4), DFW Logistics Center (Bldg 3), and DFW Logistics Center (Bldg 5) consist, in whole or in part, of the related borrower’s interest in one or more ground leases, space leases, air rights leases or other similar leasehold interests. In addition, the BX Industrial Portfolio – 2270 Woodale Mortgaged Property is subject to a condominium structure; however, the condominium is not fractured. With respect to Loan No. 23, GIP REIT Portfolio, the 3707 14th Street Northwest mortgaged property represents the borrower’s fee interest in the sole commercial unit of a condominium project with a total of 20 residential units and 10 parking spaces. See “Description of the Mortgage Pool—Mortgage Pool Characteristics—Condominium and Other Shared Interests” for additional information. |
(18) | Represents the amount deposited by the borrower at origination. All or a portion of this amount may have been released pursuant to the terms of the related loan documents. With respect to Loan No. 2, 1633 Broadway, on the loan origination date, the borrowers provided a guaranty from Paramount Group Operating Partnership LP of up to $4,000,000 and funded a reserve of approximately $36,389,727 with respect to unfunded tenant improvements, tenant allowance and leasing commissions and free rent obligations consisting of (a) $24,105,228 for certain outstanding tenant improvements, (b) $804,393 for certain outstanding leasing commissions and (c) $15,480,107 for certain outstanding free rent. Subsequently, the borrowers substituted a letter of credit for the cash on reserve in such reserve account. With respect to Loan No. 5, 711 Fifth Avenue, the borrower funded $2,000,000 at origination for estimated costs in connection with obtaining a new temporary or permanent certificate of occupancy to replace the temporary certificate of occupancy that expired in November 2019. The borrower obtained a temporary certificate of occupancy that was effective as of March 24, 2020, and the $2,000,000 has been disbursed to the borrower. With respect to Loan No. 23, GIP REIT Portfolio, the borrower was required to reserve approximately $4,336 into a common charges reserve account at origination for all common charges, assessments and any other amounts payable to the 3707 14th Street Northwest mortgaged property pursuant to the condominium documents. With respect to Loan No. 29, Caton Crossings, the borrower posted a $500,000 letter of credit in lieu of the required Upfront TI/LC Reserve. |
(19) | Represents the monthly amounts required to be deposited by the borrower. The monthly collected amounts may be increased or decreased pursuant to the terms of the related loan documents. In certain cases, reserves with $0 balances are springing and are collected in the event of certain conditions being triggered in the respective mortgage loan documents. In certain other cases, all excess cash flow will be swept into reserve accounts in the event of certain conditions being trigger in the respective mortgage loan documents. With respect to Loan No. 7, Whitehall III & V, to the extent the borrower receives a lump sum payment by either GSA – ATF or GSA – MEPCOM for all or any part of the remaining unpaid amortized balance of any tenant improvement allowance, the borrower is required to deposit such payment with the lender. With respect to Loan No. 9, Peace Coliseum, the requirement for the borrower to make monthly deposits of approximately $4,930 into the Monthly Capex Reserve ($) is waived so long as the Overstock.com lease remains in full force and effect. With respect to Loan No. 9, Peace Coliseum, the requirement for the borrower to make monthly deposits of $19,715 into the Monthly TI/LC Reserve ($) is waived so long as the Overstock.com lease remains in full force and effect. |
With respect to Loan No. 18, Lava Ridge Business Center, Finance of America Mortgage LLC (13.1% of net rentable area) provided notice of early termination of its lease effective in November 2020. The Monthly Other Reserve ($) totaling approximately $911,747 will be disbursed monthly in increments of approximately $37,989 commencing in December 2020 through the tenant’s stated lease expiration date of November 2022. With respect to Loan No. 23, GIP REIT Portfolio, the borrower is required to deposit an amount equal to one-twelfth of the amount set forth in the approved annual budget for common charges (plus any other amounts that may be due for such common charges which are not included in the approved annual budget). With respect to Loan No. 25, NOV Headquarters, the requirement for the borrower to make monthly deposits of $5,617 into the Monthly Capex Reserve ($) is waived so long as (i) no event of default under the mortgage loan documents has occurred and is continuing, (ii) the NOV lease and the NOV lease guaranty remain in full force and effect, (iii) no default beyond any applicable notice and cure period has occurred and is continuing under the NOV lease, and (iv) NOV lease tenant remains fully responsible to make capital improvements to the mortgaged property under the NOV lease. With respect to Loan No. 28, KB Fresenius & DaVita Southeast Portfolio, the borrower is required to deposit approximately $576 into the Monthly Capex Reserve ($) commencing on February 6, 2025 and on each Payment Due Date thereafter. With respect to Loan No. 28, KB Fresenius & DaVita Southeast Portfolio, the requirement that the borrower make monthly deposits of 1/12 of the annual real estate taxes that the lender estimates will be payable during the next twelve months into the Monthly RE Tax Reserve ($) is waived if the leases at 4751 West Fuqua Street and 5552 Platt Springs Road are in full force and effect. Notwithstanding the foregoing, the borrower is required to deposit $5,350 into the Monthly RE Tax Reserve ($) on account of the 205 Belle Meade Point and 3530 Rowe Lane mortgaged properties. With respect to Loan No. 29, Caton Crossings, on each payment date, if and to the extent the amount contained in the TI/LC reserve account is less than $500,000, the borrower is required to deposit into the TI/LC reserve account a Monthly TI/LC Reserve amount equal to approximately $6,983. | |
With respect to Loan No. 30, Midland Atlantic Portfolio, on each payment date, if and to the extent the amount contained in the TI/LC reserve account is less than $750,000, the borrower is required to deposit into the TI/LC reserve account a Monthly TI/LC Reserve amount calculated as the product of (x) $0.54 times (y) the aggregate number of rentable square feet then contained in the mortgaged properties divided by 12. As of the Cut-off Date, the aggregate number of rentable square feet based upon the mortgage loan documents is 552,143, which results in a Monthly TI/LC Reserve amount of approximately $24,846. With respect to Loan No. 30, Midland Atlantic Portfolio, the Monthly Capex Reserve is calculated as the product of (x) $0.22 times (y) the aggregate number of rentable square feet then contained in the mortgaged properties divided by 12. As of the Cut-off Date, the aggregate number of rentable square feet based upon the mortgage loan documents is 552,143. |
(20) | Represents a cap on the amount required to be deposited by the borrower pursuant to the related mortgage loan documents. In certain cases, during the term of the mortgage loan, the caps may be altered or terminated subject to conditions of the respective mortgage loan documents. With respect to Loan No. 1, LA County Office Portfolio, the TI/LC Reserve Cap ($) excludes the Upfront TI/LC Reserve ($) equal to $1,000,000. With respect to Loan No. 8, Frick Building, upon the occurrence and continuance of (a) the debt yield for the mortgaged property being less than 9.57% and (b) County of Allegheny, a political subdivision of The Commonwealth of Pennsylvania, on behalf of its Court of Common Pleas (the “Major Tenant”) having failed to either renew or exercised its option to extend its lease prior to December 31, 2026, and, so long as no event of default has occurred and is continuing, the borrower is required to deposit all excess cash flow for costs incurred with respect to re-tenanting the premises currently demised to the Major Tenant premises, subject to a cap of $1,452,000. With respect to Loan No. 14, 1333 Main Street, the TI/LC Reserve Cap ($) is equal to $1,500,000 only if the PricewaterhouseCoopers, LLP lease, SC Education Lottery lease and SC Workers’ Compensation lease (or replacement leases approved by the lender for the entire space covered by such lease(s)) have each been renewed or extended for a lease term extending beyond March 6, 2032. With respect to Loan No. 19, PCI Pharma Portfolio, the TI/LC Reserve Cap is calculated as the product of (x) $1.50 times (y) the aggregate number of rentable square feet then contained in the mortgaged properties. The CapEx Reserve Cap is calculated as the product of (x) $0.23 times (y) the aggregate number of rentable square feet then contained in the mortgaged properties. As of the Cut-off Date, the aggregate number of rentable square feet is 1,356,188. With respect to Loan No. 30, Midland Atlantic Portfolio, the CapEx Reserve Cap is calculated as the product of (x) $0.82 times (y) the aggregate number of rentable square feet then contained in the mortgaged properties. As of the Cut-off Date, the aggregate number of rentable square feet based upon the mortgage loan documents is 552,143. |
(21) | With respect to the footnotes hereto, no footnotes have been provided with respect to tenants that are not among the five largest tenants by square footage for any mortgaged property. In some instances, a tenant may have the right to assign its lease or sublease the leased premises and be released from its obligations under the subject lease. With respect to Loan No. 2, 1633 Broadway, the Largest Tenant, Allianz Asset Management of America L.P., subleases 20,600 square feet of suite 4600 (totaling 54,118 square feet) to Triumph Hospitality at a base rent of $46.80 per square foot through December 30, 2030. Triumph Hospitality further subleases 3,000 square feet of suite 4600 to Stein Adler Dabah & Zelkowitz at a base rent of $41.33 per square foot through July 31, 2022. Underwritten base rent is based on the contractual rent under the prime lease. The 2nd Largest Tenant, WMG Acquisition Corp, subleases 3,815 square feet of suite 0400 (totaling 36,854 square feet) to Cooper Investment Partners LLC at a base rent of $58.37 per square foot on a month-to-month basis. Underwritten base rent is based on the contractual rent under the prime lease. The 5th Largest Tenant, Kasowitz Benson Torres, subleases a collective 32,487 square feet of Suite 2200 (totaling 50,718 square feet) to three tenants. Delcath Systems, Inc. subleases 6,877 square feet and pays a rent of $68.50 per square foot through February 28, 2021; Avalonbay Communities subleases 12,145 square feet through October 31, 2026 and pays a current rent of $74.00 per square foot; Cresa New York subleases 13,195 square feet and pays a rent of $65.00 per square foot through April 30, 2021. Underwritten base rent is based on the contractual rent under the prime lease. With respect to Loan No. 6, BX Industrial Portfolio, the sole tenants at the 1910 International Mortgaged Property and the Culpeper Mortgaged Property, and the Largest Tenant at the 7453 Empire - Bldg B Mortgaged Property, each has subleased their space. With respect to Loan No. 15, City National Plaza, the 2nd Largest Tenant, Jones Day, subleases 27,280 square feet of its space at a base rent of $32.94 per square foot to Haight, Brown & Bonesteel LLP through October 15, 2021. Underwritten base rent is based on the contractual rent under the prime lease. |
With respect to Loan No. 19.01, PCI Pharma Portfolio – 3001 Red Lion Road, the sole tenant, PCI Pharma, subleases 49,566 square feet to MedImmune (wholly owned by AstraZeneca). With respect to Loan No. 22, SHP Building IV, the 2nd Largest Tenant, Julia’s Oven, subleases 3,365 square feet (6.5% of net rentable area) to Blume Restaurant through December 31, 2028. | |
(22) | In certain cases, the data for tenants occupying multiple spaces includes square footage only from the primary spaces sharing the same expiration date, and may not include smaller spaces with different expiration dates.
With respect to Loan No. 4, Hampton Roads Office Portfolio, the Largest Tenant at the 200 Golden Oak Court mortgaged property, Tidewater Mortgage Services, Inc., leases 21,636 square feet of space that expires on August 31, 2022 and 2,653 square feet of space pursuant to a month to month lease. The Largest Tenant at the 505 Independence Parkway mortgaged property, Cdyne, leases 22,126 square feet of space that expires on October 31, 2020 and 4,776 square feet of space that expires on June 30, 2021. The Largest Tenant at the 1305 Executive Boulevard mortgaged property, Schenker, Inc., leases 26,283 square feet of space that expires on January 31, 2021 and 5,426 square feet of space that expires on June 30, 2022. The Largest Tenant at the 501 Independence Parkway mortgaged property, Antech Systems, leases 5,028 square feet of space that expires on May 31, 2021 and 4,804 square feet of space that expires on May 31, 2022. In addition, the 2nd Largest Tenant at the 501 Independence Parkway mortgaged property, C&F Mortgage, leases 5,491 square feet of space that expires on October 31, 2021 and 1,841 square feet of space that expires on January 31, 2022. With respect to Loan No. 7, Whitehall III & V, the 2nd Largest Tenant at the mortgaged property, Novant Health, Inc., leases 23,654 square feet through June 2025 and 9,561 square feet through November 2026. With respect to Loan No. 15, City National Plaza, the Largest Tenant, City National Bank, leases 25,531 square feet of office space scheduled to expire on August 31, 2022, 7,368 square feet of office space scheduled to expire on June 30, 2023 and 302,859 square feet of office space and 7,780 square feet of retail space scheduled to expire on December 31, 2031. The 2nd Largest Tenant, Jones Day, leases 54,560 square feet of office space scheduled to expire on November 30, 2021 and 109,120 square feet of office space scheduled to expire on November 30, 2026. The 4th Largest Tenant, M. Arthur Gensler Jr. & Associates, leases 32,048 square feet of office space scheduled to expire on August 31, 2024 and 55,117 square feet of office space scheduled to expire on October 31, 2031. With respect to Loan No. 30.02, Midland Atlantic Portfolio – Maysville Marketsquare, the Largest Tenant, Kroger, leases 90,022 square feet with a lease expiration date of February 29, 2032 and 3,362 square feet with a lease expiration date of June 21, 2021. |
(23) | The lease expirations shown are based on full lease terms; however, in some instances, the tenant may have the option to terminate its lease with respect to all or a portion of its leased space prior to the expiration date shown. Certain tenants may have the right to reduce or abate rent or terminate all or a portion of their leased spaces for a breach or violation of co-tenancy provisions in the related leases. With respect to Loan No. 1, LA County Office Portfolio, the Largest Tenant at the 29899 Agoura Road mortgaged property, CYDCOR, LLC, has a one-time termination option effective in December 2021, with 12-months’ notice and payment of a termination fee. In addition, the Largest Tenant at the 29901 Agoura Road mortgaged property, Motor Vehicle Software Corp, has the right to terminate its lease at any time after February 2024 by providing at least 12-months’ notice and payment of a termination fee in the amount equal to the sum of any unamortized tenant improvements, leasing commissions and abated rent. With respect to Loan No. 2, 1633 Broadway, the 4th Largest Tenant, Morgan Stanley & Co, representing approximately 10.2% of net rentable area, has the option to terminate its lease as to all or any portion (but not less than one full floor) of its space at any time after April 1, 2027, upon 18 months’ notice and payment of a termination fee. The 5th Largest Tenant, Kasowitz Benson Torres, representing approximately 7.9% of the net rentable commercial area, has the right to terminate its lease as to all or a portion of one full floor of the premises located on the uppermost or lowermost floor (provided that the terminated space must be in a commercially reasonable configuration) effective as of March 31, 2024, by providing notice by March 31, 2023 and payment of a termination fee. With respect to Loan No. 3, 675 Creekside Way, the sole tenant, 8x8, representing 100.0% of the net rentable area at the mortgaged property, has a one-time option to terminate its lease effective on December 31, 2028 by providing no less than 12 months’ notice and paying a termination fee equal to 12 months of base rent plus percentage share of operating expenses payable through the 120th month of the lease term. With respect to Loan No. 4, Hampton Roads Office Portfolio, the Largest Tenant at the 500 Independence Parkway mortgaged property, Children’s Hospital of The King’s Daughters, Inc., has the right to terminate its lease at any time after May 31, 2023 by providing at least 12 months’ notice and payment of a termination fee. In addition, the Largest Tenant at the 1 Enterprise Parkway mortgaged property, Science Systems and Applications Inc., has the right to terminate its lease at any time by providing at least six months’ notice and payment of a termination fee. |
With respect to Loan No. 6, BX Industrial Portfolio, the Largest Tenant at the Rivers Bend Center 2A mortgaged property, located at 500 HP Way, Nestor Imports, Inc. (“Nestor”), has the one-time option to terminate its lease (the “Termination Option”), effective as of the Early Termination Date (as hereinafter defined), provided that, among other things, no event of default is ongoing and prior written notice is given of Nestor’s exercise of the Termination Option (the “Early Termination Notice”), which termination will be effective on the last day of the calendar month that is 180 days after the date upon which the landlord receives such Early Termination Notice (the “Early Termination Date”). The sole tenant at the 7940 Kentucky mortgaged property, located at 7940 Kentucky Drive, The United States of America, may terminate its lease, in whole or in parts, at any time effective after October 31, 2024, by providing not less than 120 days’ prior written notice to the related landlord. With respect to Loan No. 8, Frick Building, the 5th Largest Tenant, Elite Transit Solutions, LLC, occupying approximately 3.7% of net rentable area, has the option to terminate its lease after May 2026 (75th month of the lease term) with one year’s prior notice and the payment of a termination fee in the amount equal to (a) two months of the then-current rent and (b) the unamortized portion of, among other things, certain costs and expenses incurred by the landlord in connection with the lease. With respect to Loan No. 9, Peace Coliseum, the sole tenant, Overstock.com (100% of net rentable area) is the controlling entity of the borrower and is the borrower sponsor, the guarantor and the property manager. With respect to Loan No. 13, 1340 Concord, the sole tenant at the mortgaged property, Ultimate Software, has a one-time option to terminate its lease by no later than May 31, 2027, with a one-year notice and the payment of a termination fee in the amount equal to (i) the unamortized allowance, leasing commissions, and base rent abatement provided in the first ten lease months and (ii) four months of base rent and operating expenses. With respect to Loan No. 14, 1333 Main Street, the Largest Tenant, PricewaterhouseCoopers, LLP, has a one-time termination option effective in May 2022, with nine months’ notice and payment of a termination fee. In addition, the 2nd and 3rd Largest Tenants, SC Education Lottery and SC Workers’ Compensation, have the right to terminate their lease at any time by providing at least 30-days’ notice. With respect to Loan No. 15, City National Plaza, the 3rd Largest Tenant, Paul Hastings, LLP, representing approximately 5.6% of the net rentable area, has the option to terminate its lease effective as of August 31, 2029 with 18 to 21 months’ notice and a penalty equal to three months’ rent and unamortized tenant improvements, leasing commissions and free rent. |
With respect to Loan No. 17, Roscoe Office, the Largest Tenant, County of Los Angeles has the right to terminate its lease after July 31, 2024 upon 60 days’ notice and the 2nd Largest Tenant, GSA Social Security Admin., has the one-time right to terminate its lease in whole or in part effective May 21, 2022, by giving at least 90 days’ notice. With respect to Loan No 17, Roscoe Office, the 3rd Largest Tenant, Excel Executive Suites, is an affiliate of the borrower, and the lease is guaranteed by the non-recourse carveout guarantor. The tenant’s space is operated by a third party manager, which subleases out the space for flexible term shared office space, conference rooms, and day offices. With respect to Loan 18, Lava Ridge Business Center, the 2nd Largest Tenant, Finance of America Mortgage LLC, provided notice of early termination of its lease effective November 2020. At origination, the borrower deposited $495,000 into a TI/LC reserve exclusively for Finance of America Mortgage LLC’s space and an in-place master lease will guarantee rent through November 2022. In addition, the tenant will pay an approximately $219,535 termination fee in November 2020, which the borrower can use to re-tenant the space. With respect to Loan No. 22, SHP Building IV, the 3rd Largest Tenant, Stable Development LLC (14.7% of net rentable area) is an affiliate of the borrower. With respect to Loan No. 23, GIP REIT Portfolio, Pratt & Whitney, the sole tenant of the 15091 Alabama Highway 20 Mortgaged Property, has the right to terminate its lease on January 31, 2024 upon at least 6 months’ notice and payment of a termination fee. With respect to Loan No. 24, Staples Headquarters, the sole tenant, Staples, is majority owned and controlled by Sycamore Partners. An affiliate of Sycamore Partners also owns a 33 and 1/3% non-controlling interest in the related borrower. With respect to Loan 34, Willow Lake Tech Center, the Largest Tenant, Club Colors, has a one-time termination option effective in May 2023, with notice by September 30, 2022. In addition, the 4th Largest Tenant, Links Technology, has a one-time termination option effective in February 2022, with six months’ notice. | |
(24) | In certain cases, the Principal / Carveout Guarantor name was shortened for spacing purposes or due to the number of parties serving as the Principal / Carveout Guarantor. In the case of certain mortgage loans, the loan documents permit the borrower to replace the Principal / Carveout Guarantor upon satisfaction of certain terms and conditions in the related loan documents. With respect to Loan Nos. 2, 5, 10, 11 and 15, 1633 Broadway, 711 Fifth Avenue, Chase Center Tower I, Chase Center Tower II and City National Plaza, in each case, the related mortgage loan does not have a separate Principal / Carveout Guarantor, and each of the related borrowers is the only indemnitor under the related environmental indemnity agreement. See “Description of the Mortgage Pool—Non-Recourse Carveout Limitations” for additional information. With respect to Loan No. 6, BX Industrial Portfolio, the related mortgage loan documents provide that in the event of a voluntary or collusive bankruptcy action by or against the related borrower, liability of the related non-recourse carveout guarantor is limited to 10% of the then-outstanding principal balance of the whole loan, plus the enforcement cost relating to such bankruptcy action. In addition, the mortgage loan documents provide that for so long as the related borrower maintains the environmental insurance policy required under the loan agreement (the “PLL Policy”), the related guarantor will have no liability under the related environmental indemnity agreement, and that such guarantor’s liability relating to the borrower’s failure to maintain the PLL Policy pursuant to the loan documents is capped at the amount of coverage required for the PLL Policy. The PLL Policy is required to be for a term of at least two (2) years past the related maturity date (the “Required PLL Period”); provided, however, the borrower may obtain such PLL Policy for an initial policy term of five (5) years so long as at least ten (10) Business Days prior to the expiration thereof, the borrower renews or extends such PLL Policy for a term not less than the Required PLL Period. The PLL Policy must include limits of liability of no less than $5,000,000 per incident, and, with respect to Allied World Assurance Company (U.S.), Inc., $10,000,000 in the aggregate, and with respect to Steadfast Insurance Company, $25,000,000 in the aggregate, in each case with a self-insured retention amount of no more than $50,000 per pollution condition (except for clean-up claims for mold conditions, which may be $100,000). At closing, the borrower obtained policies from Steadfast Insurance Company and Allied World Assurance Company (U.S.), Inc. in the above amounts, with each policy subject to a five-year term. |
(25) | The classification of the lockbox and cash management types is described in the Prospectus. See “Description of the Mortgage Pool – Lockbox Accounts” for further details. |
(26) | Refers to (a) debt secured by the mortgaged property, (b) mezzanine debt and (c) preferred equity. See “Description of the Mortgage Pool—Additional Debt—Mezzanine Indebtedness” and “—Other Indebtedness” and “Certain Legal Aspects of the Mortgage Loans” in the Prospectus for information related to mortgage loans with subordinate, mezzanine or other additional debt or preferred equity that permit subordinate, mezzanine or other additional debt in the future. With respect to Loan No. 6, BX Industrial Portfolio, the BX Industrial Portfolio Subordinate Fixed Rate Loan is comprised of (i) the BX Industrial Portfolio B-Note in the amount of $72.6 million, the BX Industrial Portfolio C-Notes in the amount of $110.0 million and the BX Industrial Portfolio D-Note in the amount of $45.0 million. The BX Industrial Portfolio B-Note will accrue interest at a fixed rate of 3.55000%. The BX Industrial Portfolio C-Notes will accrue interest at a fixed rate of 3.55000% and are expected to be sold to an unaffiliated third party investor. The BX Industrial Portfolio D-Note will accrue interest at a fixed rate of 3.55000% and is expected to be sold to an unaffiliated third party investor. With respect to Loan No. 9, Peace Coliseum, the Peace Coliseum mezzanine loan is structured with a full excess cash flow sweep, to be applied as prepayments of the Peace Coliseum mezzanine loan until paid in full. The Peace Coliseum mezzanine loan Cut-off Date Balance is reflective of the outstanding balance based on the June 2020 remittance report. For purposes of the Annex A-1, the Peace Coliseum mezzanine loan is assumed to have been paid in full prior to the related Peace Coliseum whole loan maturity date. |