This morning, Salesforce representatives will gather on the 25th floor of 50 Fremont Street to announce that they will lease 714,000 square feet of San Francisco's Transbay Tower. The firm will occupy the building's bottom 30 stories, as well as the tower's top floor. Both Mayor Ed Lee and former Speaker of the House Nancy Pelosi will attend the meeting to celebrate the momentous event. However, the deal doesn't come as too much of a shock, since rumors began swirling last month that Salesforce was in talks to lease a significant chunk of the building. Cesar Pelli's Transbay Tower is the perfect fit for the company, thanks in part to its convenient location across the street from the firm's other new building at 350 Mission Street. With half the tower now leased, construction on the 1.4M square foot skyscraper will progress swiftly, and should wrap up by early 2018.
· Salesforce making Transbay Tower its own with San Francisco's biggest lease ever [SF Biz Journal]
· Will Salesforce be the Future Transbay Tower's First Tenant? [Curbed SF]