With the repair and remediation of the fractured beams that resulted in the emergency closure of San Francisco’s new Salesforce Transit Center having been completed ahead of schedule, and a comprehensive inspection of the entire structure having failed to uncover any new concerns, the transit center and its rooftop... Read More »
The repair and remediation of the fractured beams that resulted in the emergency closure of San Francisco’s new Salesforce Transit Center has been completed ahead of schedule and all temporary shoring has been removed. In addition, the installation of an all-new pathway atop the transit center’s roof, replacing the... Read More »
The average asking rent for office space in San Francisco inched up 0.5 percent in the first quarter of 2018 to an all-time high of $71.40 per square foot per year, which is 2.5 percent above the mark at the same time last year. And the net absorption of... Read More »
Having already secured the naming rights to the tallest tower in San Francisco, Salesforce is on the verge of securing the naming rights to the adjacent Transbay Transit Center, Grand Hall, rooftop park, playground and amphitheater. While the 25-year, $110 million deal doesn’t exclude other companies from sponsoring events... Read More »
The approved plans for the future half-acre Mission Plaza at the base of the Transbay/Salesforce Tower feature a grove of 20 redwood trees, a 41-foot-tall sculpture assembled from concrete blocks salvaged from the former terminal on the site and a funicular from the plaza to the new City Park... Read More »
San Francisco-based artist, Jim Campbell, who is known for his work with LEDs, has been commissioned to illuminate the crown of San Francisco’s 1,070-foot-tall Salesforce (a.k.a. Transbay) Tower. Campbell’s installation will consist of four integrated lighting schemes across the top nine “floors” of the tower, the upper two-thirds of... Read More »
While the height of the new Salesforce/Transbay Tower rising at 415 Mission Street has already caught plenty of people by surprise, particularly when unexpectedly seen from afar, keep in mind that the tower’s 150-foot-tall crown, which will represent 14 percent of the 1,070-foot-tall Transbay tower’s total height, has yet... Read More »
With its massive 14-foot thick concrete foundation having been cured and its basement levels constructed, the future Salesforce Tower and tallest building in San Francisco is now rising above ground. The 61-story tower will reach a height of 1,070-feet over the next two years. Salesforce, which is paying $560... Read More »
Salesforce.com will lease just over half of the 1,070-foot-tall Transbay Tower rising at 415 Mission Street, adding 714,000 square feet of space to their collective San Francisco “campus.” The 61-story building will be renamed “Salesforce Tower” and be ready for occupancy in 2017, at which point Salesforce will control... Read More »
“No. You spoke of future nadir. When countered with current, improving prices? You cited a trailing i...” [more]
“Agree the developer will sit on the entitlement for 3 years. If things have significantly improved i...” [more]
“UPDATE: With the benchmark 30-year mortgage rate still hovering around 6.5 percent, despite last wee...” [more]
“How 'bout - get ready for it! - white wallpaper ??...” [more]
“I wouldn't say that mortgage rates are going to rise now, let's say over the course of the next coup...” [more]
“Doesn't surprise me that this is pending after a week on the market. Hayes Valley is a thriving nei...” [more]
“UPDATE: More Height for Market-Rate Tower Closer to Reality...” [more]
“Location on narrow alley street, around the corner from tunnel. Frontage has limited curb appeal. Pa...” [more]
“When you own an asset where the debt you took on to acquire it was fixed at about 3 percent for 30-y...” [more]
“district elections hold people closer to their constituents and make it harder for downtown money to...” [more]