|Exhibit 99.5 Holders of Record, holding 5% or more of the outstanding balance for Wachovia Commercial Mortgage Securities Inc., Commercial Mortgage Pass-Through Certificates Series 2002-C1 as reflected in the security position listing as of December 31, 2004 provided by DTC.  Class
Name and Address of Holder


Amount Held
% Class
A-1
Northern Trust



13,590,000
10%

801 S. Canal C-IN

Chicago, IL 60607

Union Bank




38,932,000
29%

530 B Street, Suite 242

San Diego, CA 92101

Citibank




8,175,000
6%

3800 Citibank Center B3-15

Tampa, FL 33610

JP Morgan Chase Bank



29,960,000
22%

14201 Dallas Parkway

Dallas, TX 75254

US Bank NA




9,700,000
7%

Attn: Securities Control

1555 N. Rivercenter Dr., Suite 0300

Milwaukee, WI 53212

SSB&T Co.




24,425,000
18%

1776 Heritage Drive

Global Corporate Action Unit JAB5NW

No. Quincy, MA 02171
A-2
The Bank of New York



32,950,000
7%

One Wall Street

New York, NY 10286

Federal Home Loan Mortgage Corp/Retained
160,553,000
37%

Freddie Mac's Treasury Services Unit

1551 Park Run Drive, Mailstop D5A

McLean, VA 22102

JP Morgan Chase Bank



99,750,000
23%

14201 Dallas Parkway

Dallas, TX 75254

SSB&T Co.




82,850,000
19%

1776 Heritage Drive

Global Corporate Action Unit JAB5NW

No. Quincy, MA 02171
B
JP Morgan Chase Bank



21,000,000
79%

14201 Dallas Parkway

Dallas, TX 75254
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|
|Northern Trust



2,000,000
7%

801 S. Canal C-IN

Chicago, IL 60607

US Bank NA




3,402,000
12%

Attn: Securities Control

1555 N. Rivercenter Dr., Suite 0300

Milwaukee, WI 53212
C
The Bank of New York



7,000,000
21%

One Wall Street

New York, NY 10286

JP Morgan Chase Bank



5,200,000
15%

14201 Dallas Parkway

Dallas, TX 75254

Citibank




15,074,000
46%

3800 Citibank Center B3-15

Tampa, FL 33610



Wells Fargo Bank NA



4,500,000
13%

733 Marquette Avenue

Minneapolis, MN 55479
D
The Bank of New York



5,104,000
56%

One Wall Street

New York, NY 10286

Citibank




4,000,000
44%

3800 Citibank Center B3-15

Tampa, FL 33610                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      
|