Malls · Tennessee
Wolfchase Galleria
Wolfchase Galleria in Memphis remains operating but is under special servicing of a $155M distressed loan, ownership and details unknown · summary, model-written
Solid = from the authors' map · outlined = public source · dashed = model-written, not yet reviewed by a person. Tap any value's source label to see where it came from.
Site profile4 elements · what this retrofit is built with · tap a chip for the evidence
CMBS special servicing
This site: research-deals · all sites with this30,000+ vehicles a day on an adjacent road
This site: 97,384 on 40 fhwa-hpms · all sites with thisInterstate or freeway within 600 m
This site: 40 fhwa-hpms · all sites with thisShrinking county
This site: -1.6% census-acs · all sites with thisNow
| Status | Operatingpublic reporting |
|---|
Deals and debt
| Date | Event | Price | Parties | Source |
|---|---|---|---|---|
| 2026-09 | Special servicing · special servicing | — | · lender Multiple conduits (CMBX.10) · loan $155.2M | Connect CRE 2026-09-24 |
Securitised debt and public filers
Filings (2001 to date) that name “Wolfchase Galleria” and “Memphis” (324 hits, first 100 sampled, 7 other filers such as tenants left out). Common name: these matches are unreliable. Only weak matches to commercial-mortgage trusts: the mall may have backed a securitised loan, or may just be mentioned in the filing; several trusts usually means one loan split into pari-passu notes. Earliest trust filing in the sample 2016-12-08 (a sample date, not the issuance date); candidate loan vintage 2016 from the trust name (weak match). Whether the loan is still in the pool, in special servicing or repaid is in the trust's monthly distribution reports, which are not searchable here. Text matches, not a title search. Open the search · all trusts.
| Kind | Filer | Filings | Dates | Forms |
|---|---|---|---|---|
| CMBS trust (weak) | BBCMS Mortgage Trust 2017-C1 | 3 | 2017-02-27 to 2017-02-27 | 8-K 3 |
| CMBS trust (weak) | Morgan Stanley Capital I Trust 2016-UBS12 | 2 | 2016-12-08 to 2016-12-08 | 8-K 2 |
| CMBS trust (weak) | CSMC 2016-NXSR Commercial Mortgage Trust | 2 | 2016-12-22 to 2016-12-22 | 8-K 2 |
| CMBS trust (weak) | Wells Fargo Commercial Mortgage Trust 2017-RB1 | 1 | 2017-03-30 to 2017-03-30 | 8-K 1 |
| Public owner (strong) | SIMON PROPERTY GROUP INC /DE/ (SPG, SPG-PJ) | 74 | 2002-01-17 to 2019-07-31 | 8-K 55, 10-K 18, 8-K/A 1 |
| Public owner (weak) | W2007 Grace Acquisition I Inc | 3 | 2001-01-11 to 2015-05-01 | 10-K 2, 8-K 1 |
| Public owner (weak) | American Realty Capital Hospitality Trust, Inc. | 2 | 2015-03-31 to 2015-03-31 | 10-K 2 |
| Public owner (weak) | HERITAGE PROPERTY INVESTMENT TRUST INC | 1 | 2005-01-06 to 2005-01-06 | 8-K 1 |
| Public owner (weak) | ROUSE COMPANY | 1 | 2002-01-16 to 2002-01-16 | 8-K 1 |
| Public owner (weak) | SPG REALTY CONSULTANTS INC | 1 | 2002-01-17 to 2002-01-17 | 8-K 1 |
As reported by the owner
Property tables from the owner's annual report (Form 10-K, Item 2) on EDGAR, one row per filing year. GLA, occupancy and anchors are the filer's own figures at that year end; “leased” counts signed leases, “occupied” counts open stores; ownership is the filer's share. Matched by name and place, unreviewed; the verbatim table row is in sec_facts.csv.
| Year end | Filer | Name in filing | GLA sq ft | Occupancy | Years | Share | Sales psf | Anchors listed |
|---|---|---|---|---|---|---|---|---|
| 2025 | Simon Property Group 10-K, 2026-02-25 | Wolfchase Galleria Memphis, TN match: exact | 1,147,164 | 97.5% occupied | acquired 2002 | 94.5% Fee | Macy's, Dillard's, JCPenney, Malco Theatres, Primark, Courtyard by Marriott | |
| 2016 | Simon Property Group 10-K, 2017-02-24 | Wolfchase Galleria Memphis, TN match: exact | 1,151,658 | 98.1% occupied | acquired 2002 | 94.5% Fee | Macy's, Dillard's, JCPenney, Sears, Malco Theatres | |
| 2009 | Simon Property Group 10-K, 2010-02-25 | Wolfchase Galleria Memphis, TN match: exact | 1,152,554 | 94.4% occupied | acquired 2002 | 94.5% Fee | Macy's, Dillard's, JCPenney, Sears, Malco Theatres | |
| 2006 | Simon Property Group 10-K, 2007-02-28 | Wolfchase Galleria Memphis, TN match: exact | 1,267,109 | 99.3% occupied | acquired 2002 | 94.5% Fee | Macy's, Dillard's, JCPenney, Sears |
As reported by the loan servicer
Loan-level data the CMBS trust files monthly on EDGAR (Form ABS-EE, Exhibit 102, Schedule AL), latest filing per trust. Balance is the scheduled balance at the period end; DSCR is on net cash flow from the most recent borrower financials; appraised value is the latest valuation reported, or the one at securitisation. Several trusts for one mall usually means one loan split into pari-passu notes, each trust reporting its piece. Matched on the property name and state in the exhibit, unreviewed.
| Trust | Period end | Balance | Maturity | DSCR | Appraised | Occupied | Status |
|---|---|---|---|---|---|---|---|
| CSMC 2016-NXSR Commercial Mortgage Trust ABS-EE 2026-09-28 · filing match: exact | 2026-09-11 | $18.8M of $20.0M 2016-10-26 | 2026-11-01 | 1.77x NOI $3.2M | $254.0M 2016-09-26, at securitisation | 69.0% | current, modified Trimont LLC |
| BBCMS Mortgage Trust 2017-C1 ABS-EE 2026-09-29 · filing match: exact | 2026-09-11 | $4.7M of $5.0M 2016-10-26 | 2026-11-01 | 1.77x NOI $3.2M | $254.0M 2016-09-26, at securitisation | 69.0% | late under 30 days, modified Trimont LLC |
- WOLFCHASE GALLERIA (CSMC 2016-NXSR Commercial Mortgage Trust): built 1997; 391,862 sq ft NRA; tenants Malco Theatres, H&M, JD Sports; originator UBSAG
- WOLFCHASE GALLERIA (BBCMS Mortgage Trust 2017-C1): built 1997; 391,862 sq ft NRA; tenants Malco Theatres, H&M, JD Sports; originator UBS AG/MSBNA
Site context
| Housing permits, Shelby County (TN), 2024 | 1,395 units in 5+ unit buildings, 24 in 2–4, 642 single-family; 2023: 980 in 5+Census BPS |
|---|---|
| Other atlas sites nearby | 0 within 10 km, 5 within 25 kmcomputed |
| Retail trade in the county, 2012 to 2023 | 2,910 establishments (-5%); 43,694 jobs (-7%)Census CBP |
| Housing market in the county | typical home value $215,732 (-1% 1 yr, +12% 5 yr); typical rent $1,341/mo (+1% 1 yr), 2026-09Zillow Research |
| Traffic on the busiest road within 600 m (2024) | 97,384 vehicles a day on 40 (Interstate, 8 lanes); 13,827 trucks; 29 counted segmentsFHWA HPMS |
Summary, model-written
Wolfchase Galleria opened as a mall in Memphis and has continued to operate as a shopping center. The record shows it is currently under special servicing of a large loan, indicating financial distress. No further timeline details are provided.
Why. The record attributes the site's distress to a distressed loan or foreclosure, as indicated by the opp_reasons and the special servicing deal in 2026.
Where it stands. The mall is listed as operating, but control is tied to multiple conduits (CMBX.10) holding the loan in special servicing; the owner is not stated.
For a planner
- No explicit planning precedents or policy tools are recorded.
- Open question: potential for reuse or redevelopment under loan workout.
- Need to verify zoning, land use, and any existing entitlements.
- Assess whether any public incentives or distressed property programs could apply.
For a developer
- Site size and parcel boundaries are not provided in the record.
- Control is currently with lenders in special servicing, not a clear owner.
- Entitlement stage and any approved plans are unknown.
- Context layers such as flood risk, transit access, and environmental constraints are not recorded.
- Market signals from surrounding tract data are absent.
What we do not know yet
- Opening date and original anchor tenants are unknown.
- Current ownership and deed details are missing.
- Parcel boundaries, land area, and subdivision information are not recorded.
- Zoning, land-use designations, and any entitlements or approvals are absent.
- Floodplain, transit proximity, and environmental constraints are not documented.
- Surrounding tract demographics, income, and retail market data are missing.
- The loan details (2026 date, $155M amount) may be model-extracted and unverified.
- The record is marked as 'draft' verification, indicating limited source validation.
Generated by nvidia/nemotron-3-super-120b-a12b on NVIDIA API via Hermes CT from the fields, parcels, deals and context layers on this page, with no outside knowledge. It is regenerated when the record changes and has not been checked by a person. How it is made.
Elsewhere on the web
Pages with photos
- Wolfchase Galleria - Memphis, TN | Wolfchas… flickr.com
- Welcome To Wolfchase Galleria® - A Shopping Center In Memphis, TN - A ... simon.com
- Wolfchase Mall 10best.com
- Wolfchase Galleria (Memphis, TN) - Beoordelingen tripadvisor.nl
- Cordova's Wolfchase Galleria mall celebrates 20 years commercialappeal.com
- WOLFCHASE GALLERIA - Updated July 2026 - 121 Photos & 75 Reviews - 2760 ... yelp.com
Search images: Google · Bing · Commons · references: ULI case studies · Google Scholar
Multifamily screen
- distressed loan or foreclosure
Inputs: record fields (size, status) and county Census ACS 2018–2023 figures (growth, rent). How the points work. Not a recommendation.
History and original facts
| County | Shelby County |
|---|---|
| Census division | 6 · East South Central |
| Notes | Record created from a 2024+ transaction, listing or loan report; no retrofit recorded. |
Not yet recorded: acres, GLA, year opened, original developer, what is there now, retrofit year. Know it? Tell us.
Sources
- Return to Lender: Week of Sept. 24, 2026 · 2026-09-24
1 quoted sentence
moved to special servicing ahead of its November 2026 maturity date
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