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280 AND 290 MERRIMACK ST

280 and 290 Merrimack Street · Lawrence, MA 01841
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 4 separate trusts, and the slices below are the pieces of its debt, not four different buildings.
Debt outstanding
$59M
Loan slices
4
Trusts
4
Type
Mixed Use
Square feet
386,686
Year built
1906 · renovated 2012
The debt, slice by slice
TrustBalanceRateMatures DSCRNOIOccupancy OriginatorServicerSpecial servicing
BBCMS Mortgage Trust 2024-5C31 · asset 20 $20M 7.01% fixed 2029-12-06 1.23 $5M 85% Starwood Mortgage Capital LLC — No
BMO 2024-5C8 Mortgage Trust · asset 18-001 $14M 7.01% fixed 2029-12-06 1.23 $5M 85% Starwood Mortgage Capital LLC Wells Fargo Bank, N.A. No
BMO 2025-5C10 Mortgage Trust · asset 20 $12M 7.01% fixed 2029-12-06 1.23 $5M 85% Starwood Mortgage Capital LLC Midland Loan Services No
BMO 2025-5C11 Mortgage Trust · asset 20 $12M 7.01% fixed 2029-12-06 1.23 $5M 85% Starwood Mortgage Capital LLC Midland Loan Services No
The largest whole loan reported against this building is $74M — more than the slices above sum to, because pieces of it sit in trusts outside this tape or are held privately. The column totals what is securitized and reported here, not the building's whole debt.
Named tenants
TenantSquare feetLease expires
COMMONWEALTH OF MASSACHUSETTS85,5202028-06-30
AGESPAN, INC.58,1492034-08-31
Agespan, Inc. (400)50,6542034-08-31
Dept. Children & Families43,8542028-06-30
GENERAL SERVICES ADMINISTRATION30,4472035-05-08
General Services Administartion30,4472034-12-31
The asset-level exhibit names up to three tenants per slice; where the trusts name different ones, all of them are listed.
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