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Anthropic Leases Former Slack Headquarters In San Francisco With Salesforce's Backing

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LEASED

California

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Office230,000 SF
Leased 09/01/2023
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Property Image
LEASED

Anthropic Leases Former Slack Headquarters In San Francisco With Salesforce's Backing

500 Howard Street San Francisco, California 94105, USA

See Similar Deals
Office230,000 SF
Leased 09/01/2023
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:230,000 SF
Transaction Type:Lease

Anthropic, an ethical AI company, has leased the former Slack headquarters located at 500 Howard Street in San Francisco. The office space spans 230,000 square feet, making it a significant addition to the city's office market. This lease transaction is backed by Salesforce, with Marc Benioff, the founder of Salesforce, serving as the landlord.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: N/A
  • Address: 500 Howard Street
  • Market: San Francisco
  • Asset Type: SF - 230,000
  • Landlord: Salesforce - Marc Benioff
  • Tenant: Anthropic

This lease agreement signifies the growing presence of ethical AI firms in San Francisco's office market. Anthropic, as an AI company, has chosen to establish its operations in the former Slack headquarters, showcasing the demand for office spaces that cater to the needs of AI-focused companies.

Details

LEASED
IMAGE: Marc Benioff DATE: 09/01/2023 ADDRESS: 500 Howard Street MARKET: San Francisco ASSET TYPE: Office ~ SF: 230,000 LANDLORD: Salesforce - Marc Benioff TENANT: Anthropic NOTE: Anthropic, an ethical AI company, is leasing the former Slack headquarters in San Francisco, backed by Salesforce. This highlights the growth of ethical AI firms in the city's office market.

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Deal Type
Effective Rent (Annual)

$13,183,461.21

Total Lease Value

$131,834,612.08

Net Landlord Cash Flow$13,183,461.21