Mark Zuckerberg Of Meta Platforms Inc. Leases Office Space To Johann Moonesinghe Of InKind In Austin
400 West 6th Street
Building Size
32,239 SF
Asset Type
Office
Closing
Oct 29, 2026
About this deal
AI
The property asset involved in the transaction is office space located at 400 West 6th Street in Austin, TX. It measures 32,239 square feet and is part of a larger leasing arrangement in which Meta Platforms Inc. previously leased 589,000 square feet but did not occupy the space.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Landlord: Mark Zuckerberg - Meta Platforms Inc.
- Tenant: Johann Moonesinghe - InKind
- Broker: Cushman & Wakefield
This transaction marks a sublease agreement between InKind and Meta Platforms. Meta continues to market the remaining office spaces while a portion has now been committed to the tenant, reducing the available sublease options in downtown Austin’s Sixth and Guadalupe tower.
On the Map
Office
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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