Salesforce West, also known by its address 50 Fremont Center, is a 43-story, high-rise

office An office is a space where the employees of an organization perform Business administration, administrative Work (human activity), work in order to support and realize the various goals of the organization. The word "office" may also denote a po ...

building completed in 1985 at Fremont and

Mission Street Mission Street is a north-south arterial thoroughfare in Daly City and San Francisco, California that runs from Daly City's southern border to San Francisco's northeast waterfront. The street and San Francisco's Mission District through which ...

s on the boundary of the

financial district A financial district is usually a central area in a city where financial services firms such as banks, insurance companies, and other related finance corporations have their headquarters offices. In major cities, financial districts often host ...

and

SoMa Soma may refer to: Businesses and brands * SOMA (architects), a New York–based firm of architects * Soma (company), a company that designs eco-friendly water filtration systems * SOMA Fabrications, a builder of bicycle frames and other bicycle ...

San Francisco San Francisco, officially the City and County of San Francisco, is a commercial, Financial District, San Francisco, financial, and Culture of San Francisco, cultural center of Northern California. With a population of 827,526 residents as of ...

California California () is a U.S. state, state in the Western United States that lies on the West Coast of the United States, Pacific Coast. It borders Oregon to the north, Nevada and Arizona to the east, and shares Mexico–United States border, an ...

. The stepped-back facade design of the building resembles

Eliel Saarinen's Tribune Tower design Eliel Saarinen's Tribune Tower design, also called the Saarinen tower, was an unbuilt design for a skyscraper by Finnish architect Eliel Saarinen. It was submitted in 1922 for the architectural competition organized by the ''Chicago Tribune'' for ...

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 Hines Interests Limited Partnership is an American privately held company that invests in and develops real estate. As of 2023, the company has developed, redeveloped or acquired more than 1,600 properties, comprising over 540 million square fe ...

, who in turn sold the property to

TIAA-CREF The Teachers Insurance and Annuity Association of America-College Retirement Equities Fund (TIAA, formerly TIAA-CREF) is an American financial services organization that is a private provider of financial retirement services in the academic, resea ...

in late 2004. 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. In January 2012,

Salesforce Salesforce, Inc. is an American cloud-based software company headquartered in San Francisco, California. It provides applications focused on sales, customer service, marketing automation, e-commerce, analytics, artificial intelligence, and ap ...

announced that it signed an 18-year lease to occupy for million. In November 2014, Salesforce agreed to purchase the tower from TIAA-CREF. 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. As of May 2023, during what the

San Francisco Chronicle The ''San Francisco Chronicle'' is a newspaper serving primarily the San Francisco Bay Area of Northern California. It was founded in 1865 as ''The Daily Dramatic Chronicle'' by teenage brothers Charles de Young and M. H. de Young, Michael H. ...

described as "Downtown San Francisco sworst office vacancy crisis on record," 50 Freemont Street had a vacancy rate of 89.9%.

Tenants

Salesforce.com Salesforce, Inc. is an American cloud-based software company headquartered in San Francisco, California. It provides applications focused on sales, customer service, marketing automation, e-commerce, analytics, artificial intelligence, and appl ...

* Mellon Capital Management *

Baker Tilly Baker Tilly also known as Baker Tilly International is a international consulting and public accounting network based in London, United Kingdom. It is currently the 6th largest CPA advisory firm in the U.S. and 9th largest accounting network i ...

* City National Bank *

Univision Univision () is an American Spanish-language terrestrial television, free-to-air television network owned by TelevisaUnivision. It is the United States' largest provider of Spanish-language content. The network's programming is aimed at the L ...

References

External links

* {{Authority control Office buildings completed in 1985 Skyscraper office buildings in San Francisco Hines Interests Limited Partnership Skidmore, Owings & Merrill buildings Financial District, San Francisco South of Market, San Francisco Leadership in Energy and Environmental Design platinum certified buildings 1985 establishments in California

History

Tenants

See also

References

External links