525 Market Street, once known as First Market Tower, is an office skyscraper at the southwest corner of First- and Market Streets in the Financial District of San Francisco, California. The 161 m (528 ft), 39 floor tower was the second largest office building by square footage in the city (after 555 California Street) when completed in 1973.[4] It is owned by the New York State Teachers Retirement System since 1998.[5] It is one of 39 San Francisco high rises reported by the U.S. Geological Survey as potentially vulnerable to a large earthquake, due to a flawed welding technique. [6]

History

In 2020, 49% stake of the building was sold to a Deutsche Bank subsidiary for $682 million.[5]

Tenants

References

  1. ^ "Emporis building ID 118780". Emporis. Archived from the original on March 7, 2016.
  2. ^ "First Market Tower". SkyscraperPage.
  3. ^ First Market Tower at Structurae
  4. ^ "Largest Office Buildings in San Francisco". San Francisco Business Times. 2013-10-18. Retrieved 2013-12-04.
  5. ^ a b c d Andrew Nelson (2021-07-08). "Number 26: First Market Tower at 525 Market Street, SoMa, San Francisco". San Francisco YIMBY. Retrieved 2021-08-16.
  6. ^ "At Risk in a Big Quake: 39 of San Francisco's Top High Rises". The New York Times. 2018-06-14. Retrieved 2021-10-04.
Allikas: https://en.wikipedia.org/wiki/First_Market_Tower
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