BigCommerce subleases 65,000 sq ft Austin office from Expedia for new HQ; 6-year term, $8.3M net rent

Commerce.com, Inc.

Sublease with Expedia for ~65,000 sq ft at Domain 11 in Austin, effective Jan 3, 2025.
Net rent approx $8.3M over 6-year term; cash security deposit of ~$0.3M.
Commencement expected Oct 1, 2025; company plans to relocate principal executive office there.
Sublease is part of Nov 2024 restructuring and early lease termination of prior HQ.

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