Salesforce and WeWork are taking their relationship to the next level: They’re moving in together.
Salesforce Tower, a 1,070-foot-high skyscraper that will be the tallest and most expensive building in San Francisco when it’s completed, has signed on WeWork as a major tenant. The co-working giant will lease three floors for its second headquarters (the other is in New York City), according to Recode. Some space will be designated as WeWork office rentals.
WeWork, a startup that leases trendy, millennial-friendly office space to startups and Fortune 500 companies, has been scooping up real estate after a $4 billion funding infusion from SoftBank. Its $20 billion valuation makes it the most valuable startup in New York.
In April, Salesforce opened the doors of Salesforce Tower to the media for a sneak peak inside.
“It seems like everywhere I am in this city or around the Bay, I can see this tower,” Marc Benioff, founder and CEO of Salesforce, told the crowd at the event.
Take a look inside the new $1.1 billion Salesforce Tower.
Salesforce and its billionaire CEO, Marc Benioff, are riding high these days.
Salesforce celebrated 18 years in business earlier this year. It was No. 8 on Fortune’s 100 Best Companies to Work For in 2017, and the cloud-computing company is on track to become a $100 billion organization in the next three years, according to some analysts.
The near completion of Salesforce Tower is the cherry on top. It rises 61 stories over the city’s Financial District, making it the tallest building west of Chicago that’s capable of being occupied.
Pelli Clarke Pelli Architects
It was originally named Transbay Tower, but the enterprise giant bought the naming rights in a landmark real-estate deal. Salesforce will pay the developer Boston Properties close to $560 million over 15 and a half years to lease 30 floors at the tower, on Mission and Fremont streets.