Real Estate/Development
Apr. 15, 2014
Salesforce inks landmark deal to lease half of new 61-story tower
The lease - valued at $560 million over 15 and a half years - begins the first quarter of 2018. By value and square footage, the company's expanded lease is the largest in San Francisco, according to Salesforce.
Daily Journal Staff Writer
Salesforce.com Inc. has agreed to occupy more than half of the new 415 Mission Street Tower in San Francisco, inking a landmark $560 million real estate lease that it claims is the largest in that city's history.
The lease - which runs 15½ years - begins the first quarter of 2018, according to a filing with the Securities and Exchange Commission. As anchor tenant, the cloud-computing giant is sn...
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