Salesforce Takes up 400,000 SF in San Francisco’s Central Business District

Comparable details:

Address:  50 Fremont Street, San Francisco

Landlord:   TIAA-CREF

Tenant:  Salesforce.com

SF Leased:  401,786

Pricing:  unknown

Type:  Office

Term:  Phase-in over a couple of years.

This is a big deal and puts the squeeze on Class A office space in the downtown area.  They are building another brand new 14-acre site in Mission Bay as well.

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