Updated Oct 29, 2024
Autodesk Renews Lease For 93K SF At One Market Street In San Francisco
1 Market Street San Francisco, California 94105, USA
Building Size
93,000 SF
Asset Type
Office
Closing
Jul 13, 2023
About this deal
AI
Autodesk has renewed its lease for nearly 93,000 square feet of office space at San Francisco's One Market Street complex. The property, located at 1 Market Street, offers a prime location in the heart of San Francisco's market. The lease renewal solidifies Autodesk's commitment to the area and its continued presence in the city.
Summary of transation details
- Property Type: Office
- Transaction Amount: Not disclosed
- Address: 1 Market Street, San Francisco
- Market: San Francisco
- Square Footage: 93,000 SF
Under the renewed lease agreement, Autodesk will continue to occupy nearly 93,000 square feet of office space at One Market Street. The company's CEO, Andrew Anagnost, played a key role in finalizing the deal. This transaction showcases the confidence Autodesk has in the San Francisco office market and its commitment to maintaining a strong presence in the city.
Players
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93