Moffett Gateway
An office property in Sunnyvale, California. Securitized in 3 CMBS deals in 2017.
$525.0MAppraised value (latest deal)
100.0%Occupancy
$28.9MUnderwritten NOI
5.5%Implied cap rate
- Address
- 1225-1265 Crossman Avenue, Sunnyvale, CA 94089
- Property type
- Office · Suburban
- Year built
- 2016
- Size
- 612,691 SF
- Loan purpose
- Refinance
- Largest tenant
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| JPMCC 2017-JP5 | 2017-03-29 | $525.0M | 100.0% | $28.9M | 5.5% | $80.0M | 46.3% | 1.95x | 424B |
| JPMDB 2017-C5 | 2017-03-31 | $525.0M | 100.0% | $28.9M | 5.5% | $40.0M | 46.3% | 1.95x | 424B |
| JPMCC 2017-JP6 | 2017-06-16 | $525.0M | 100.0% | $28.9M | 5.5% | $20.0M | 46.3% | 1.95x | 424B |
More CMBS properties in California →
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%.