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50 Beale Street

FieldValue
name50 Beale Street
imageBlue_Shield_of_California_Building.jpg
captionCorner view (2022)
former_namesBechtel Building
Blue Shield of California Building
location50 Beale Street
San Francisco, California
coordinates
pushpin_mapUnited States San Francisco Central#California#USA
pushpin_label50 Beale Street
completion_date1967
building_typeCommercial offices
roof328 ft
floor_count23
floor_area730136 sqft
architectSkidmore, Owings & Merrill
ownerParamount Group, Inc.
references

Blue Shield of California Building San Francisco, California

50 Beale Street is a 328 ft, 23-floor high-rise office building in the Financial District, San Francisco between Market Street and Mission Street. It is on the list of tallest buildings in San Francisco.

Completed in 1967, the building served as the world headquarters for Bechtel before the company moved to Reston, Virginia. The building has also served as headquarters for Blue Shield of California between 1996 and 2018. In 2006, Blue Shield renewed its lease and acquired naming rights to the building. The building has formerly been known as the Bechtel Building and subsequently the Blue Shield of California Building.

Broadway Partners acquired the building in 2007. A joint venture of The Rockefeller Group and Mitsubishi Estate New York acquired the building in September 2012. The building was sold to Paramount Group, Inc. for approximately million in September 2014.

The building features a 1920 railcar used by Steve Bechtel. The private railcar was the Bechtel family home in the 1920s and was the living quarters of the Bechtels when constructing the Hoover Dam.

Tenants

  • Bechtel
  • Blue Shield of California
  • Glassdoor
  • Instacart
  • VerticalResponse
  • Zenefits
  • San Francisco Health Authority/San Francisco Health Plan

References

References

  1. "Emporis building ID 118861". [[Emporis]].
  2. {{skyscraperpage. 13247
  3. Gregg, Aaron. (June 7, 2018). "Bechtel to move headquarters to Reston after more than a century in San Francisco, bringing 150 jobs". [[The Washington Post]].
  4. Li, Roland. (March 8, 2017). "Blue Shield to move headquarters from San Francisco to Oakland with massive lease". [[American City Business Journals]].
  5. (September 28, 2006). "50 Beale Street to be Renamed Blue Shield of California Building". Blue Shield of California.
  6. Dineen, J.K.. (March 8, 2007). "Broadway Real Estate buys South San Francisco building for $66 million". [[American City Business Journals]].
  7. (September 14, 2012). "Rockefeller JV Acquires San Francisco's 50 Beale St.". Commercial Property Executive.
  8. (September 10, 2014). "The Rockefeller Group Sells 50 Beale for $395MM". The Registry.
  9. "San Francisco, California: WaaTeeKaa Bechtel Museum".
  10. (May 23, 2019). "Glassdoor To Relocate Global Headquarters To San Francisco In 2020".
  11. "Scoop: Instacart grabs big helping of S.F. office space off the shelves". San Francisco Business Times.
Info: Wikipedia Source

This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page.

financial-district,-san-francisco skyscraper-office-buildings-in-san-francisco skidmore,-owings-&-merrill-buildings office-buildings-completed-in-1967
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