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350 Bush Street

Updated Apr 10, 2026

Mike Cannon-Brookes Of Atlassian Renews 125,000 Square Foot Lease At 350 Bush Street San Francisco
LEASEDOffice

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

Mike Cannon-Brookes

Atlassian

Tenant

1 deal

Tenant

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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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