Debt outstanding
$63M
2314-2418 SYBRANDT RD
2314-2418 Sybrandt Road · Traverse City, MI 49684
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
2 separate trusts,
and the slices below are the pieces of its debt, not four different buildings.
Loan slices
2
Trusts
2
Type
Industrial
Square feet
123,387
Year built
1963 · renovated 2018
What this page does not have
No trust filed a debt service coverage ratio for this property.
No trust filed net operating income for this property.
The debt, slice by slice
| Trust | Balance | Rate | Matures | DSCR | NOI | Occupancy | Originator | Servicer | Special servicing |
|---|---|---|---|---|---|---|---|---|---|
| BENCHMARK 2021-B31 MORTGAGE TRUST · asset 15 | $40M | 3.85% fixed | 2031-12-06 | — | — | — | DBR Investments Co. Limited | Midland Loan Services | No |
| Benchmark 2022-B32 Mortgage Trust · asset 27 | $23M | 3.85% fixed | 2031-12-06 | — | — | — | DBR Investments Co. Limited | Midland Loan Services | No |
Named tenants
| Tenant | Square feet | Lease expires |
|---|---|---|
| Sara Lee | 123,387 | 2038-08-31 |
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: 2026-08-28.
- 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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