By Meghan Hall
Just months after moving into new offices in San Francisco, multinational software company Autodesk is changing its tune. According To a recent regulatory filing, Autodesk is planning to give up its space at 300 Mission St., where it had previously leased 117,000 square feet.
300 Mission Street rises 24 stories and totals 660,000 square feet. It sits at the heart of San Francisco’s South Financial District, which historically, has been a hub and a highly sought-after location for growing tenants.
The building is owned by Paramount Group and was originally built in 1968 by the Bechtel Corporation. It was subsequently renovated between 2007 and 2012, according to the company’s website. Its features include collaborative workspaces and amenities such as a gym, music studio, game room and lounge.
Autodesk’s lease was announced by Paramount Group in the summer of 2019. At the same time, Glassdoor had leased 116,700 square feet, and Maplebear Inc. had taken 28,000 square feet in the building. The three companies had a weighted average initial rent of $92.70 per square foot, and a weighted average lease term of 10.5 years.
According to reporting by The San Francisco Business Times, the company is also closing part of its offices at 3900 Civic Center in San Rafael, although its corporate headquarters at 111 McInnis Parkway will remain for now. As a result of the closures, two employees will be terminated effective March 6th. Autodesk will attempt to sublease both offices.