DivcoWest and Blackstone Real Estate Secure Full Building Lease with AI Leader Anthropic at 300 Howard Street [Yahoo! Finance]
Blackstone Inc. (BX)
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Source: Yahoo! Finance
firm, and Blackstone Real Estate today announced that Anthropic has leased the entirety of 300 Howard, a 466,000 square-foot, 25-story office tower, and 342 Howard, a historic 18,000 square-foot building. The properties are owned and managed by a joint venture between DivcoWest and Blackstone Real Estate. Anthropic's commitment is one of the largest in the city's history. The deal highlights how artificial intelligence companies are driving office demand, accelerating the revitalization of downtown San Francisco, and reinforcing the city's position as the capital of AI and technology innovation. Anthropic, which currently occupies space in two nearby buildings at 500 and 505 Howard, will anchor its presence at 300 Howard within "AI Alley," the growing downtown San Francisco corridor that is rapidly attracting leading AI companies and talent. "Dario and I were born and raised in San Francisco–it's where Anthropic was founded, and where so much of our story has unfolded. With over
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