Debt outstanding
$45M
1040 40 ST SE
1040 40th Street SE · Grand Rapids, MI 49508
Every loan the CMBS tape reports against this building, as each trust filed it. A
building is the grain here, not the loan: a building can be collateral in several trusts at once,
and the slices below are the pieces of its debt, not four different buildings.
Loan slices
1
Trusts
1
Type
Industrial
Square feet
924,294
Year built
1980
The debt, slice by slice
| Trust | Balance | Rate | Matures | DSCR | NOI | Occupancy | Originator | Servicer | Special servicing |
|---|---|---|---|---|---|---|---|---|---|
| Benchmark 2024-V7 Mortgage Trust · asset 6 | $45M | 7.06% fixed | 2029-06-06 | 1.27 | $4M | 100% | Citi Real Estate Funding Inc. | Midland Loan Services | No |
Named tenants
| Tenant | Square feet | Lease expires |
|---|---|---|
| Bunzl Retail Industrial Net Services LLC | 714,294 | 2028-04-30 |
| American | 210,000 | 2033-07-31 |
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: 2026-08-26.
- 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.
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