Debt outstanding
$98M
100 JEFFERSON RD
100 Jefferson Road · Parsippany, NJ 07054
Every loan the CMBS tape reports against this building, as each trust filed it. A
building is the grain here, not the loan: this one is collateral in
3 separate trusts,
and the slices below are the pieces of its debt, not four different buildings.
Loan slices
4
Trusts
3
Type
Industrial
Square feet
558,930
Year built
1957 · renovated 2023
Where the filings differ
Each trust describes the building in its own filing, and these are the fields on
which they do not match. Both spellings are printed with the trust that filed each. Often both
are true — a building sits in one municipality and takes its mail in another — and
where one is simply a misspelling, we do not have a basis to say which.
Property type
warehouse — Benchmark 2023-B38 Mortgage Trust
industrial — BBCMS Mortgage Trust 2023-C19; MSWF Commercial Mortgage Trust 2023-1
The debt, slice by slice
| Trust | Balance | Rate | Matures | DSCR | NOI | Occupancy | Originator | Servicer | Special servicing |
|---|---|---|---|---|---|---|---|---|---|
| Benchmark 2023-B38 Mortgage Trust · asset 8 | $30M | 7.26% fixed | 2033-04-06 | — | — | — | JPMorgan Chase Bank, N.A. | Midland Loan Services | No |
| BBCMS Mortgage Trust 2023-C19 · asset 10-A-3 | $30M | 7.26% fixed | 2033-04-06 | 1.60 | $12M | 100% | Argentic Real Estate Finance 2 LLC | KeyBank Real Estate Capital | No |
| MSWF Commercial Mortgage Trust 2023-1 · asset 11 | $30M | 7.26% fixed | 2033-04-06 | 1.60 | $12M | 100% | Argentic Real Estate Finance 2 LLC | Trimont | No |
| BBCMS Mortgage Trust 2023-C19 · asset 10-A-4 | $8M | 7.26% fixed | 2033-04-06 | 1.60 | $12M | 100% | Argentic Real Estate Finance 2 LLC | KeyBank Real Estate Capital | No |
Named tenants
| Tenant | Square feet | Lease expires |
|---|---|---|
| J&J Farms Creamery | 204,217 | 2038-03-31 |
| J&J Farms Creamery Inc. | 204,217 | 2038-03-31 |
| Vitaquest International LLC | 198,489 | 2030-02-28 |
| PNY TECHNOLOGIES II | 156,224 | 2028-10-04 |
| PNY Technologies Inc | 156,224 | 2028-10-04 |
The asset-level exhibit names up to three tenants per
slice; where the trusts name different ones, all of them are listed.
- Built from SEC Regulation AB II asset-level filings (Form ABS-EE, Item 1(a) exhibits) as filed by each trust’s depositor. Latest filing on this building: 2026-08-31.
- Rebuilt nightly. A slice that left its pool is excluded by the tape’s own latest-filing cut, so this page shows live debt only.
- Figures are as each trust filed them and are not restated, reconciled or scored here.
See the whole picture, not just the pulse.
Metro Pulse is the free, public read. The Verstavo platform goes loan‑by‑loan — stress
scores, maturity walls, special‑servicing transfers, bank CRE, and your own portfolio benchmarked
against the market.