50 Beale Street Explained
| 50 Beale Street |
| Former Names: | Bechtel Building
Blue Shield of California Building |
| Location: | 50 Beale Street
San Francisco, California |
| Coordinates: | 37.7912°N -122.3965°W |
| Pushpin Map: | United States San Francisco Central#California#USA |
| Pushpin Label: | 50 Beale Street |
| Completion Date: | 1967 |
| Building Type: | Commercial offices |
| Roof: | 328feet |
| Floor Count: | 23 |
| Floor Area: | 730136square feet |
| Architect: | Skidmore, Owings & Merrill |
| Owner: | Paramount Group, Inc. |
| References: | [1] |
50 Beale Street is a 328feet, 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.[2] The building has also served as headquarters for Blue Shield of California between 1996 and 2018.[3] 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.[4]
Broadway Partners acquired the building in 2007.[5] A joint venture of The Rockefeller Group and Mitsubishi Estate New York acquired the building in September 2012.[6] The building was sold to Paramount Group, Inc. for approximately million in September 2014.[7]
The building features a 1920 railcar used by Steve Bechtel. The private railcar was the Bechtel family home in the 1920's and was the living quarters of the Bechtels when constructing the Hoover Dam.[8]
Tenants
External links
- Web site: https://web.archive.org/web/20140405135131/http://www.rockefellergroup.com/properties/50-beale-street-san-francisco/ . 2014-04-05 . 50 Beale Street . The Rockefeller Group.
Notes and References
- Web site: Emporis building ID 118861 . https://web.archive.org/web/20160306023211/https://www.emporis.com/buildings/118861 . dead . March 6, 2016 . Emporis.
- News: Bechtel to move headquarters to Reston after more than a century in San Francisco, bringing 150 jobs . Aaron . Gregg . . June 7, 2018.
- News: Blue Shield to move headquarters from San Francisco to Oakland with massive lease . Roland . Li . . March 8, 2017.
- 50 Beale Street to be Renamed Blue Shield of California Building . September 28, 2006 . Blue Shield of California.
- News: Broadway Real Estate buys South San Francisco building for $66 million . J.K. . Dineen . . March 8, 2007.
- Web site: Rockefeller JV Acquires San Francisco's 50 Beale St. . September 14, 2012 . Commercial Property Executive . June 27, 2014 . https://web.archive.org/web/20140912212151/http://www.cpexecutive.com/regions/west/rockefeller-jv-acquires-san-franciscos-50-beale-st/1004046558.html . September 12, 2014 . dead .
- The Rockefeller Group Sells 50 Beale for $395MM . September 10, 2014 . The Registry.
- Web site: San Francisco, California: WaaTeeKaa Bechtel Museum . Roadside America . https://web.archive.org/web/20230322105203/https://www.roadsideamerica.com/tip/37621 . 2023-03-22 . 2023-12-10.
- Glassdoor To Relocate Global Headquarters To San Francisco In 2020 . May 23, 2019 . Cision PR Newswire.
- News: Scoop: Instacart grabs big helping of S.F. office space off the shelves . San Francisco Business Times. 2019-04-19.
