Salesforce West

Salesforce West
Salesforce West
	Taken from Salesforce Tower in April 2021
	Location within San Francisco Salesforce West (California) Salesforce West (the United States)
General information
Type	Commercial offices
Location	50 Fremont Street; San Francisco, California
Coordinates	37°47′26″N 122°23′50″W / 37.790472°N 122.39725°W
Construction started	1983
Completed	1985
Owner	Salesforce.com
Management	Cushman & Wakefield
Height
Roof	183 m (600 ft)
Technical details
Floor count	43
Floor area	817,412 sq ft (75,940.1 m2)
Lifts/elevators	21
Design and construction
Architect(s)	Skidmore, Owings & Merrill
Structural engineer	Skidmore, Owings & Merrill
Other information
Parking	220
References

Salesforce West, also known by its address 50 Fremont Center, is a 43-story, 183 m (600 ft) high-rise office building completed in 1985 at Fremont and Mission Streets on the boundary of the financial district and SoMa of San Francisco, California. The stepped-back facade design of the building resembles Eliel Saarinen's Tribune Tower design.^[5]

History

50 Fremont Street was developed and owned by Fremont Properties who sold the building in 2000, which was later purchased by Hines Interests Limited Partnership, who in turn sold the property to TIAA-CREF in late 2004.^[6] Hines provided property management for this building until February 12, 2015. The building's design, by Skidmore, Owings & Merrill, includes stepped-back vertical bays at each corner, rising to a building crown that evokes the design of historic Art Deco skyscrapers.^[5]

In January 2012, Salesforce announced that it signed an 18-year lease to occupy 400,000 square feet (37,000 m²) for US$339 million.^[7] In November 2014, Salesforce agreed to purchase the tower from TIAA-CREF.^[8]^[9]

Salesforce completed its purchase of the building for $637.8 million from TIAA-CREF in 2015, according to public records. Salesforce rebranded the property as Salesforce West at 50 Fremont Street, part of their urban campus plan that includes Salesforce East at 350 Mission Street and Salesforce Tower at 415 Mission Street.^{[citation needed]}

As of May 2023, during what the San Francisco Chronicle described as "Downtown San Francisco['s] worst office vacancy crisis on record," 50 Freemont Street had a vacancy rate of 89.9%.^[10]

Tenants

References

^ "Salesforce West". CTBUH Skyscraper Center.
^ "Emporis building ID 118734". Emporis. Archived from the original on September 18, 2020.{{cite web}}: CS1 maint: unfit URL (link)
^ "Salesforce West". SkyscraperPage.
^ Salesforce West at Structurae
^ ^a ^b ^c ^d ^e Andrew Nelson (2021-09-30). "Number 13: Salesforce West at 50 Fremont Center, SoMa, San Francisco". San Francisco YIMBY. Retrieved 2021-10-02.
^ "National Office Partners Limited Partnership Sells 12 Assets" (Press release). Hines. February 2, 2005. Archived from the original on November 24, 2010. Retrieved November 13, 2014.
^ Hoge, Patrick (January 6, 2012). "Salesforce signs huge downtown San Francisco lease". San Francisco Business Times. Retrieved November 13, 2014.
^ "Form 8-K". Securities and Exchange Commission. November 10, 2014. Retrieved November 13, 2014.
^ Weinberg, Cory (November 12, 2014). "Salesforce pays $640 million for 50 Fremont tower in San Francisco". San Francisco Business Times. Retrieved November 13, 2014.
^ Li, Roland; Devulapalli, Sriharsha (2023-05-08). "Downtown S.F. has 18.4 million square feet of empty office space. We mapped every vacancy". San Francisco Chronicle. Retrieved 2023-06-11.
^ Patrick Hoge (May 7, 2012). "Salesforce takes 80,000 square feet more". San Francisco Business Times. Retrieved 4 May 2013.

External links

Official website

[1] "Salesforce West". CTBUH Skyscraper Center.

[2] "Emporis building ID 118734". Emporis. Archived from the original on September 18, 2020.{{cite web}}: CS1 maint: unfit URL (link)

[3] "Salesforce West". SkyscraperPage.

[4] Salesforce West at Structurae

[sfyimby-5] Andrew Nelson (2021-09-30). "Number 13: Salesforce West at 50 Fremont Center, SoMa, San Francisco". San Francisco YIMBY. Retrieved 2021-10-02.

[6] "National Office Partners Limited Partnership Sells 12 Assets" (Press release). Hines. February 2, 2005. Archived from the original on November 24, 2010. Retrieved November 13, 2014.

[7] Hoge, Patrick (January 6, 2012). "Salesforce signs huge downtown San Francisco lease". San Francisco Business Times. Retrieved November 13, 2014.

[8] "Form 8-K". Securities and Exchange Commission. November 10, 2014. Retrieved November 13, 2014.

[9] Weinberg, Cory (November 12, 2014). "Salesforce pays $640 million for 50 Fremont tower in San Francisco". San Francisco Business Times. Retrieved November 13, 2014.

[10] Li, Roland; Devulapalli, Sriharsha (2023-05-08). "Downtown S.F. has 18.4 million square feet of empty office space. We mapped every vacancy". San Francisco Chronicle. Retrieved 2023-06-11.

[11] Patrick Hoge (May 7, 2012). "Salesforce takes 80,000 square feet more". San Francisco Business Times. Retrieved 4 May 2013.

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v t e Tallest buildings in San Francisco
Skyscrapers over 500 feet (150 m)	Salesforce Tower Transamerica Pyramid 181 Fremont 555 California Street 345 California Center Millennium Tower One Rincon Hill The Avery Park Tower at Transbay Salesforce West 101 California Street 575 Market Street Four Embarcadero Center One Embarcadero Center 44 Montgomery One Market Plaza Spear Tower One Sansome Street The Harrison One Front Street First Market Tower McKesson Plaza 425 Market Street 706 Mission Street One Montgomery Tower
Highrises over 400 feet (120 m)	333 Bush Street Hilton San Francisco Union Square Tower I Pacific Gas & Electric Building 50 California Street 555 Mission Street St. Regis Museum Tower 100 Pine Center 45 Fremont Street 333 Market Street 650 California Street 100 First Plaza 340 Fremont Street 399 Fremont Street 500 Folsom One California San Francisco Marriott Marquis Russ Building 140 New Montgomery Jasper MIRA The Infinity II JPMorgan Chase Building The Paramount Providian Financial Building Three Embarcadero Center Two Embarcadero Center Salesforce East 595 Market Street 123 Mission Street 101 Montgomery Embarcadero West 100 Van Ness Avenue LUMINA Fifteen Fifty
Highrises over 300 feet (91 m)	One Maritime Plaza Four Seasons Hotel 415 Natoma Street Westin St. Francis 33 Tehama Street 456 Montgomery Plaza 535 Mission Street Shell Building Park Central Hotel San Francisco 222 Second Street 199 Fremont Street One Market Plaza Steuart Tower Hilton San Francisco Financial District 425 California Street 100 Montgomery Street Grand Hyatt San Francisco Fox Plaza 101 Second Street NEMA 580 California Street 601 California Street The Infinity I Hilton San Francisco Union Square Tower II 450 Sutter Street InterContinental San Francisco Stevenson Place BridgeView 150 California Street 225 Bush Street 505 Montgomery Street Blue Shield of California Building Fairmont San Francisco 180 Montgomery Street KPMG Building Central Plaza The Summit W San Francisco 353 Sacramento Street 555 Market Street Bank of California Building Phillip Burton Federal Building Ritz-Carlton Club and Residences San Francisco Marriott Union Square 88 Kearny Street 388 Market Street Commercial Union Assurance Building Hunter-Dulin Building One Bush Plaza McAllister Tower Apartments 301 Howard Street Mark Hopkins Hotel Mills Tower Central Tower Solaire
Under construction	Oceanwide Center I & II
Planned and proposed	Palace Hotel Residential Tower Treasure Island development 5M Project 524 Howard Street
See also: San Francisco Designated Landmarks, Buildings and structures in San Francisco

History

Tenants

See also

References

External links