50 Fremont Center

50 Fremont Center (also known as Salesforce West) 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 South of Market Area (SOMA) of San Francisco, California.

Salesforce West
Taken from Main and Howard.
Location within San Francisco
50 Fremont Center (California)
50 Fremont Center (the United States)
General information
TypeCommercial offices
Location50 Fremont Street
San Francisco, California
Coordinates37.790472°N 122.39725°W / 37.790472; -122.39725
Construction started1983
Completed1985
OwnerSalesforce.com
ManagementCushman & Wakefield
Height
Roof183 m (600 ft)
Technical details
Floor count43
Floor area817,412 sq ft (75,940.1 m2)
Lifts/elevators21
Design and construction
ArchitectSkidmore, Owings & Merrill
Structural engineerSkidmore, Owings & Merrill
Other information
Parking220
References
[1][2][3][4]

History

50 Fremont Street was developed and owned by Fremont Properties who sold the building in 2000, which was later purchased by Hines, who in turn sold the property to TIAA-CREF in late 2004.[5] Hines Interests Limited Partnership 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.

In January 2012, Salesforce.com announced that it signed an 18-year lease to occupy 400,000 square feet (37,000 m2) for US$339 million .[6] In November 2014, Salesforce agreed to purchase the tower from TIAA-CREF.[7][8]

On February 12, 2015, Salesforce purchased the 50 Fremont office building for $637.8 million from TIAA-CREF, 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. Salesforce West is currently managed by Cushman & Wakefield.

Tenants

See also

References
  1. "50 Fremont Center". CTBUH Skyscraper Center.
  2. 50 Fremont Center at Emporis
  3. "50 Fremont Center". SkyscraperPage.
  4. 50 Fremont Center at Structurae
  5. "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.
  6. Hoge, Patrick (January 6, 2012). "Salesforce signs huge downtown San Francisco lease". San Francisco Business Times. Retrieved November 13, 2014.
  7. "Form 8-K". Securities and Exchange Commission. November 10, 2014. Retrieved November 13, 2014.
  8. Weinberg, Cory (November 12, 2014). "Salesforce pays $640 million for 50 Fremont tower in San Francisco". San Francisco Business Times. Retrieved November 13, 2014.
  9. Patrick Hoge (May 7, 2012). "Salesforce takes 80,000 square feet more". San Francisco Business Times. Retrieved 4 May 2013.
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