Bill.com has signed an agreement for a new corporate headquarters, according to documents filed with the SEC this week. The newly public software company has leased about 131,801 square feet of office space from US ER America Center 4 LLC for its future executive offices.

The payments software company expects to begin its lease about May 1 and signed for an 11-year occupancy, at the site at 6220 America Center Drive, San Jose, Calif.  Minimum rent was set at roughly $494,254 per month, with a 3-percent increase annually. Bill.com went public in December in an IPO that significantly exceeded expectations. Its offering price of $22 per share compared to an original estimate of $16 to $18 per share.

Last modified on Wednesday, 08 January 2020
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