50 Beale Street

Commercial offices in San Francisco, California

37°47′28″N 122°23′47″W / 37.7912°N 122.3965°W / 37.7912; -122.3965Completed1967OwnerParamount Group, Inc.HeightRoof328 ft (100 m)Technical detailsFloor count23Floor area730,136 sq ft (67,831.9 m²)Design and constructionArchitect(s)Skidmore, Owings & MerrillReferences^[1]^[2]

50 Beale Street is a 328 ft (100 m), 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.^[3] The building has also served as headquarters for Blue Shield of California between 1996 and 2018.^[4] 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.^[5]

Broadway Partners acquired the building in 2007.^[6] A joint venture of The Rockefeller Group and Mitsubishi Estate New York acquired the building in September 2012.^[7] The building was sold to Paramount Group, Inc. for approximately US$395 million in September 2014.^[8]

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.^[9]

Tenants

Bechtel^[3]
Blue Shield of California^[4]^[5]
Glassdoor^[10]
Instacart^[11]
VerticalResponse
Zenefits
San Francisco Health Authority/San Francisco Health Plan

References

^ "Emporis building ID 118861". Emporis. Archived from the original on March 6, 2016.
^ "50 Beale Street". SkyscraperPage.
^ ^a ^b 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.
^ ^a ^b Li, Roland (March 8, 2017). "Blue Shield to move headquarters from San Francisco to Oakland with massive lease". American City Business Journals.
^ ^a ^b "50 Beale Street to be Renamed Blue Shield of California Building" (Press release). Blue Shield of California. September 28, 2006.
^ Dineen, J.K. (March 8, 2007). "Broadway Real Estate buys South San Francisco building for $66 million". American City Business Journals.
^ "Rockefeller JV Acquires San Francisco's 50 Beale St". Commercial Property Executive. September 14, 2012. Archived from the original on September 12, 2014. Retrieved June 27, 2014.
^ "The Rockefeller Group Sells 50 Beale for $395MM" (Press release). The Registry. September 10, 2014.
^ "San Francisco, California: WaaTeeKaa Bechtel Museum". Roadside America. Archived from the original on 2023-03-22. Retrieved 2023-12-10.
^ "Glassdoor To Relocate Global Headquarters To San Francisco In 2020". Cision PR Newswire (Press release). May 23, 2019.
^ "Scoop: Instacart grabs big helping of S.F. office space off the shelves". San Francisco Business Times. Retrieved 2019-04-19.

External links

"50 Beale Street". The Rockefeller Group. Archived from the original on 2014-04-05.

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v t e Tallest buildings in San Francisco
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Under construction	Oceanwide Center I & II
Planned and proposed	Palace Hotel Residential Tower Treasure Island development 5M Project 524 Howard Street
See also: San Francisco Designated Landmarks, Buildings and structures in San Francisco