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50 Beale Street

Coordinates: 37°47′28″N 122°23′47″W / 37.7912°N 122.3965°W / 37.7912; -122.3965
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Blue Shield of California Building
Blue Shield Bldg. is located in San Francisco
Blue Shield Bldg.
Blue Shield Bldg.
Location within San Francisco
Blue Shield Bldg. is located in California
Blue Shield Bldg.
Blue Shield Bldg.
Blue Shield Bldg. (California)
Blue Shield Bldg. is located in the United States
Blue Shield Bldg.
Blue Shield Bldg.
Blue Shield Bldg. (the United States)
Former namesBechtel Building
General information
TypeCommercial offices
Location50 Beale Street
San Francisco, California
Coordinates37°47′28″N 122°23′47″W / 37.7912°N 122.3965°W / 37.7912; -122.3965
Completed1967
OwnerParamount Group, Inc.
Height
Roof328 ft (100 m)
Technical details
Floor count23
Floor area730,136 sq ft (67,831.9 m2)
Design and construction
Architect(s)Skidmore, Owings & Merrill
References
[1][2]

The Blue Shield of California Building is a 328 ft (100 m), 23-floor high-rise office building in the Financial District of San Francisco, California, located at 50 Beale Street between Market Street and Mission Street.

Completed in 1967, the building serves as the world headquarters for the Bechtel Corporation with spill-over across the street to 45 Fremont Center. The building has also served as headquarters for Blue Shield of California since 1996.[3] In 2006, Blue Shield renewed its lease and acquired naming rights to the building. Formerly known as the Bechtel Building, the building was renamed the Blue Shield of California Building.[3]

Broadway Partners acquired the building in 2007.[4] A joint venture of The Rockefeller Group and Mitsubishi Estate New York acquired the building in September 2012.[5] The building was sold to Paramount Group, Inc. for approximately US$395 million in September 2014.[6]

Tenants

See also

References

  1. ^ 50 Beale Street at Emporis
  2. ^ "50 Beale Street". SkyscraperPage.
  3. ^ a b c "50 Beale Street to be Renamed Blue Shield of California Building" (Press release). Blue Shield of California. September 28, 2006.
  4. ^ Dineen, J.K. (March 8, 2007). "Broadway Real Estate buys South San Francisco building for $66 million". San Francisco Business Times.
  5. ^ "Rockefeller JV Acquires San Francisco's 50 Beale St". Commercial Property Executive. September 14, 2012.
  6. ^ "The Rockefeller Group Sells 50 Beale for $395MM" (Press release). The Registry. September 10, 2014.
  7. ^ a b Bates, Dan (July 11, 2011). "Bechtel Renews Office Space at 50 Beale". CoStar.
  8. ^ Abdulkhaliq, Mike (October 3, 2006). "Blue Shield Inks 272,000-SF Lease at 50 Beale". CoStar.