WeWork Is Taking Three Floors in Salesforce Tower & Salesforce Takes Six Additional Floors

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By Vladimir Bosanac

According to sources that track the leasing information in the city of San Francisco, WeWork, the New York-based co-working and shared office space leader, is finalizing the lease negotiations to take three floors in Boston Properties’ & Hines’ Salesforce Tower in San Francisco. News about them taking space in the building has been circling around town for a while now, but today the information had been confirmed. With each floor measuring approximately 25,000 square feet, that would make WeWork’s lease in the tower at approximately 75,000 square feet.

On top of that, Salesforce had decided to take six additional floors in the building, or roughly 1500,000 square feet.

According to the building’s web site, which does not indicate how up to date the information is, the building is broken up into three segments, the Park, floors 1 – 19, the Bay, floors 20 – 39, and the Sky, which is floors 40 – 61. All of the floors in the in the Park section have been leased. In the Bay segment, floors 31 – 39 are vacant, and in the Sky segment, only floor 61, the top floor, has been leased.

Salesforce tower leasing efforts are led by the San Francisco CBRE team of John Cecconi, Angus Scott and Andrea Reeder. They were not available for comment by the time this story had gone to print.

West Coast Commercial Real Estate News