For years, San Francisco’s office landlords watched tech tenants shrink their footprints, embrace remote work and walk away from long-term leases. Now, one of the companies that once embodied that shift is betting in the opposite direction: Brex, which abandoned its traditional headquarters model during the pandemic, is taking an entire office building off the market for the next decade.
In a lease signed earlier this month, Brex expanded its presence at 270 Brannan St., taking the entire 200,000-square-foot building. The deal, which was negotiated by JLL’s Charlie Hanafin, Chris Roeder and Jak Churton on behalf of landlord Mitsui Fudosan America, builds on the company’s earlier office comeback. After giving up its Financial District headquarters in 2021 and embracing a remote-first approach — with its founders even relocating to Los Angeles — Brex returned to San Francisco in 2025 with a roughly 100,000-square-foot lease at the same property. At the time, some 500 employees were projected to be based in the building.
Brex’s recently expanded commitment gives the company, acquired by Capital One in April, more than three times the space it occupied when it pulled out, and for years to come…