International Law Firm Covington Takes 79,000 SQFT at Salesforce Tower in San Francisco

Salesforce Tower, Boston Properties, Atelier Crenn, Petit Crenn, Bar Crenn, Boutique Crenn, Crenn Dining Group, Retail West

By Vladimir Bosanac

Salesforce Tower, the tallest building in San Francisco and the tallest structure west of Chicago is in the process of gaining another occupant on its tenant roll. Covington, a global law firm with offices in New York, Los Angeles, Dubai, London, Silicon Valley and Washington, to name a few, is leasing just over 79,000 square feet in the building, taking 3.5 floors, according to sources who track leasing information in San Francisco. The firm is relocating its 70+ attorneys from its current offices in San Francisco located at One Front Street, where it occupied nearly 100,000 square feet, and will call Salesforce Tower its home in the city going forward.

Covington was represented in the deal by Savills Studley’s Vice Chairman and Director, Steve Barker. The Salesforce leasing team is represented by the CBRE San Francisco team of John Cecconi, Angus Scott and Andrea Reeder.

Covington’s San Francisco office client roster ranges from start-ups to Fortune 500 companies, according to the firm’s web site. The firm focuses on the life sciences, financial services, securities and technology and digital media sectors but also represents clients from a range of industries on a local, regional and global basis.

The firm also prides itself on its active participation in a number of social issues. In November of 2017, the firm was awarded for the tenth year in a row a perfect score of 100 percent on Human Rights Campaign Foundation’s Corporate Equality Index, a national benchmarking survey and report on corporate policies and practices pertinent to LGBT and workplace equality. Covington is among 609 major U.S. businesses that earned a perfect score this year and will be recognized in HRC’s “Best Places to Work for LGBTQ Equality” list, according to a statement by the firm.

Located in the Transbay District at 415 Mission Street, between Fremont and First Streets, the 61-story Salesforce Tower occupies a full city block and has emerged as the new center economic and business activity in San Francisco. The tower boasts 1.4 million square feet of office space and 7,000 feet of rentable retail space on both the ground and fifth floors. The project was co-developed by Boston Properties and Hines, with Boston Properties owning a 95 percent interest in the project, and Hines owning a 5 percent interest. The architectural team is led by design architect Pelli Clarke Pelli and Kendall Heaton as the architect of record.

In August of 2017, The Registry reported that WeWork was also coming into the tower, leasing three floors, or approximately 75,000 square feet, in the building. As the completion of the build-out nears its final stages, some employees of Salesforce will be entering their new space shortly.

West Coast Commercial Real Estate News