Gateway Plaza
An office property in Richmond, Virginia. Securitized in 1 CMBS deal in 2016.
$123.0MAppraised value (latest deal)
84.4%Occupancy
$7.9MUnderwritten NOI
6.5%Implied cap rate
- Address
- 800 East Canal Street, Richmond, VA 23219
- Property type
- Office · CBD
- Year built
- 2015
- Size
- 330,309 SF
- Sponsor
- Lexington Realty Trust
- Loan purpose
- Acquisition
- Largest tenant
- McGuireWoods LLP
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| MSC 2016-UBS9 | 2016-03-09 | $123.0M | 84.4% | $7.9M | 6.5% | $28.0M | 46.7% | 1.98x | 424B |
More CMBS properties in Virginia →
Figures are read from Annex A-1 of the trust's SEC prospectus as of the deal's cut-off date. Parsing can misread a cell; the prospectus link is the authoritative source. Implied cap rate = underwritten NOI ÷ appraised value, shown only between 2% and 20%.