Updated Feb 9, 2026
Vipul Ved Prakash Of Together AI Leases 150,000 SF Office At 2 Henry Adams Street
2 Henry Adams Street
Building Size
150,000 SF
Asset Type
Office
Closing
Jan 30, 2026
About this deal
AI
The property at 2 Henry Adams Street is an office asset situated in the San Francisco market, encompassing a total square footage of 150,000. The property is located in the Showplace Square neighborhood and is being considered for lease by an AI startup.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 2 Henry Adams Street
- Market: San Francisco
- Square Footage: 150,000
- Tenant: Vipul Ved Prakash - Together AI
- Note: AI startup Together AI, valued at $3.3B, is in advanced talks to lease the space, indicating continued demand for large office spaces from high-value tech firms in San Francisco.
Vipul Ved Prakash represents the tenant Together AI in this leasing transaction. The deal reflects the company's expansion of its AI infrastructure operations, which necessitates a substantial office presence.
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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