Updated Apr 10, 2026
Mike Cannon-Brookes Of Atlassian Renews 125,000 Square Foot Lease At 350 Bush Street San Francisco
350 Bush Street
Building Size
125,000 SF
Asset Type
Office
Closing
Apr 7, 2026
About this deal
AI
The property asset involved in this transaction is an office space located at 350 Bush Street in San Francisco, specifically situated in the North Financial District. The square footage of the office space is 125,000 square feet. Atlassian is the tenant of this commercial property, having renewed its lease, demonstrating its continued commitment to maintaining a presence in the downtown area of San Francisco.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 350 Bush Street
- Market: San Francisco
- Asset Type: Office
- Square Footage: 125,000
- Tenant: Mike Cannon-Brookes - Atlassian
This lease renewal was executed by Mike Cannon-Brookes representing Atlassian, an enterprise software company recognized for products like Jira and Confluence. The agreement reflects Atlassian's strategy to support flexible work arrangements while reinforcing its office presence in the city.
Players
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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