Mark Zuckerberg Of Meta Platforms Inc Renews Lease For 146,000 SF Office In Redmond Washington
10545 Willows Road Northeast & 10525 Willows Road Northeast
Building Size
292,000 SF
Asset Type
Office
Closing
Apr 17, 2026
AI
The lease involves two buildings located at 10545 Willows Road Northeast & 10525 Willows Road Northeast in Redmond, WA, totaling 146,000 square feet. This asset is categorized as office space, currently leased to Meta Platforms Inc., a prominent company in the technology sector.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Square Footage: 146,000
- Lease Date: 04/17/2026
- Market: Redmond, WA
- Tenant: Mark Zuckerberg - Meta Platforms Inc
The lease agreement reflects Meta Platforms Inc.'s commitment to renewing its space at the Willow Creek Corporate Center, which is associated with its Reality Labs division focusing on virtual reality and augmented reality hardware and software development.
Redmond Office Market Snapshot
Boundary boundary · Office · Lease transactions
Loading comparables…
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