AUSTIN (Austin Business Journal) — Meta Platforms Inc. will not occupy the office space in the tallest building under construction in Austin, casting a pall over the city’s commercial real estate scene.

The Facebook parent company plans to sublease the 589,000 square feet in the Sixth and Guadalupe high-rise.

On the last day of 2021, Meta (Nasdaq: META) leased all of the office space in the tower, which is rising downtown at 400 W. Sixth St., Austin Business Journal first reported in January.

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