Updated Apr 2, 2026
Krithik Puthalath Of Zyphra Leases 44th Floor At Salesforce Tower In San Francisco
415 Mission Street
Building Size
—
Asset Type
Office
Closing
Mar 23, 2026
About this deal
AI
The asset involved in this transaction is an office space located at 415 Mission Street, situated in San Francisco. Zyphra, an AI startup, has subleased the entire 44th floor at Salesforce Tower, contributing to the office market's recovery in the area.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 415 Mission Street
- Market: San Francisco
- Tenant: Krithik Puthalath - Zyphra
Krithik Puthalath represents Zyphra in this transaction. The company has recently relocated from Palo Alto, following a successful Series A funding round backed by IBM and AMD, which has significantly valued the startup at $1 billion. Zyphra is joining leading firms in the AI sector, including OpenAI and Nvidia, contributing to leasing activity that has helped reduce vacancy rates in San Francisco.
Players
San Francisco Office Market Snapshot
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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