Mark Zuckerberg Of Meta Platforms Inc. Leases 32,000 Square Feet To The Malin In Austin
600 Guadalupe Street
Building Size
32,000 SF
Asset Type
Mixed-use
Closing
Jun 26, 2026
AI
The asset involved in the transaction is a mixed-use property located at 600 Guadalupe Street in Austin, TX, encompassing a total of 32,000 square feet. This lease is part of a strategy employed by Meta Platforms Inc. to sublease excess office space.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: Not disclosed
- Landlord: Mark Zuckerberg - Meta Platforms Inc.
- Tenant: Ciarán McGuigan - The Malin
- Landlord's Representative: Cushman & Wakefield
- Tenant's Representative: HPI
The Malin engaged in the leasing of the property with representation from HPI, highlighting their commitment to establishing a presence in a prime location while Cushman & Wakefield provided services on behalf of the landlord, Meta Platforms Inc. This transaction showcases the continued adaptation within the commercial space market.
Players
Guadalupe Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Lease transactions
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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