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Largest CMBS-Related REOs So Far This Year

March 13, 2013
Information for these lead listings was provided by CoStar Group and Trepp LLC, a firm that provides surveillance data on loan and commercial real estate performance underlying the CMBS market.

The keys to the following properties were all handed back to CMBS servicers this year.


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PropertyAddressCur. Bal.Prop. Type; Net Rentable SqFtCurrent LTVCMBS; Special Servicer

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Savi Tech Center22705-22745 Savi Ranch Pkwy, Yorba Linda, CA$133,500,000Office; 372,327134.98GCC 2007-GG9; LNR

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South Coast Executive Center1503 South Coast Drive, Costa Mesa, CA$133,500,000Office; 60,993134.98GCC 2007-GG9; LNR

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Poway Industrial13550 Stowe Drive, Poway, CA$133,500,000Office; 112,000134.98GCC 2007-GG9; LNR

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Yorba Linda Business Park22343-22349 & 22833 La Palma Avenue, Yorba Linda, CA$133,500,000Office; 166,041134.98GCC 2007-GG9; LNR

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Gateway Corporate Center1370 Valley Vista Drive, Diamond Bar, CA$133,500,000Office; 85,490134.98GCC 2007-GG9; LNR

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Via Frontera Business Park10965 & 10993 Via Frontera Drive, San Diego, CA$133,500,000Office; 78,819134.98GCC 2007-GG9; LNR

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Thanksgiving Tower (5)1601 Elm Street, Dallas, TX$78,314,837Office; 1,362,016189.45BS 2007-BBA8; Bank of America

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100-1000 Perimeter Park Drive100, 200, 300, 400, 500, 800, 900 and 1000 Perimeter Park Drive, Morrisville, NC$52,918,125Office; 477,495124.95LB-UBS 2007-C2; Orix

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3100-3200 Spring Forest Road3100, 3150 and 3200 Spring Forest Road, Raleigh, NC$52,918,125Office; 154,087124.95LB-UBS 2007-C2; Orix

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The Parkdalesvarious, St. Louis Park, MN$50,192,585Office; 555,945119.33ML-CFC 2006-4; LNR

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Marriott - Mobile, AL3101 Airport Boulevard, Mobile, AL$43,072,699Lodging; 0223.34Wach 2007-C32; CWCapital

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National Plaza I, II, III999, 1000 & 1111 Plaza Drive, Schaumburg, IL$40,050,000Office; 390,744303.43GS 2007-GG10; CWCapital

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Marriott - Memphis2625 Thousand Oaks Boulevard, Memphis, TN$38,000,000Lodging; 0219.66JPM 2007-CIBC19; LNR

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Douglas Corporate Center I & II2901 & 2999 Douglas Boulevard, Roseville, CA$36,000,000Office; 213,379105.89ML-CFC 2007-8; LNR



Keep up weekly on national news, trends and property leads with the Watch List Newsletter, a weekly pdf that includes other news and leads not found on the CoStar Group web news pages. Sign up for the Watch List E-Mail Alert. A new issue is published late each Wednesday.


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