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500 Howard Street

Dario Amodei Of Anthropic Signs Long-Term Lease For 240,000 Square Feet In San Francisco
LEASEDOffice

Dario Amodei Of Anthropic Signs Long-Term Lease For 240,000 Square Feet In San Francisco

500 Howard Street

Building Size

240,000 SF

Asset Type

Office

Closing

Apr 6, 2026

AI

The property asset involved in this transaction is an office space located at 500 Howard Street, San Francisco. It encompasses a total of 240,000 square feet. The asset is situated in a market that has shown significant growth, evidenced by the recent activities in the area.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not disclosed
  • Address: 500 Howard Street
  • Market: San Francisco
  • Asset Size: 240,000 square feet
  • Tenant: Dario Amodei
  • Company: Anthropic

Dario Amodei represents Anthropic in this lease agreement. This deal marks a transition from a prior sublease with Slack, solidifying Anthropic's long-term commitment to the space as part of their expansion strategy within downtown San Francisco. The company has strategically leased approximately 850,000 square feet over recent years, driven by substantial revenue growth and notable valuation following funding rounds.

Players

Dario Amodei

Anthropic

Tenant

12 deals

Tenant

San Francisco Office Market Snapshot

Boundary boundary · Office · Lease transactions

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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