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270 Brannan Street

Updated Jul 31, 2025

Henrique Dubugras & Pedro Franceschi Of Brex Lease 100000 Square Feet Office In San Francisco
LEASEDOffice

Henrique Dubugras & Pedro Franceschi Of Brex Lease 100000 Square Feet Office In San Francisco

270 Brannan Street

Building Size

100,000 SF

Asset Type

Office

Closing

Jul 30, 2025

About this deal

AI

The property asset involved is an office space located at 270 Brannan Street in San Francisco, encompassing a total of 100,000 square feet. The market for this asset is highlighted by its location in San Francisco, a key area for commercial real estate. This lease marks a significant transition for Brex as it returns to a larger office environment after adopting a remote-first policy in 2021.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 270 Brannan Street
  • Market: San Francisco
  • Square Footage: 100,000
  • Tenant: Henrique Dubugras & Pedro Franceschi - Brex
  • Lease Date: 07/30/2025
  • Planned Move-In Date: Mid-November
  • Note: Brex is focusing on hybrid work arrangements.

The key individuals involved in this transaction are Henrique Dubugras and Pedro Franceschi, representing Brex. Their decision to lease this space indicates a strategic shift for the fintech company as they adapt to a hybrid work model, signaling their intent to potentially establish a new operational base.

Players

Brex
BrexTenant

Pedro Franceschi

Brex

Tenant

2 deals

Tenant
Brex
BrexTenant

San Francisco Office Market Snapshot

Boundary boundary · Office · 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

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