Toys R Us impact eyed

Pic© Miosotis Jade

Category: CMBS

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Toys 'R' Us is set to close 182 stores, accounting for seven million square-feet or about a fifth of its US footprint, beginning early next month and running through mid-April. An estimated 51 properties securing 44 loans totalling US$2.03bn across 49 US CMBS have exposure to a location that is slated for closure.

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