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]

525 Market Street
525 Market Street (center)
First Market Tower is located in San Francisco
First Market Tower
Location within San Francisco
Former namesTishhman Building, First Market Tower
General information
TypeCommercial offices
Location525 Market Street
San Francisco, California
Coordinates37°47′26″N 122°23′57″W / 37.7905°N 122.3991°W / 37.7905; -122.3991
Completed1973
Renovated1991
OwnerKnickerbocker Properties
Height
Roof161 m (528 ft)
Top floor39
Technical details
Floor area1,083,000 square feet (100,600 m2)
Design and construction
Architect(s)John Carl Warnecke & Associates
Main contractorCahill Contractors, Inc.
References
[1][2][3]

History

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

Tenants

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References

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  1. ^ "Emporis building ID 118780". Emporis. Archived from the original on March 7, 2016.{{cite web}}: CS1 maint: unfit URL (link)
  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.
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