First Market Tower is a topic of great relevance today, since it has a direct impact on our lives. Throughout history, First Market Tower has been the object of study, debate and controversy, and it is no wonder, since its importance is undeniable. In this article, we will explore various facets of First Market Tower, analyzing its involvement in different aspects of society. From its origin to its projection in the future, including its influence on culture, politics and the economy, we will delve into an in-depth analysis that will allow us to better understand the importance of First Market Tower in today's world.
525 Market Street | |
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Former names | Tishhman Building, First Market Tower |
General information | |
Type | Commercial offices |
Location | 525 Market Street San Francisco, California |
Coordinates | 37°47′26″N 122°23′57″W / 37.7905°N 122.3991°W |
Completed | 1973 |
Renovated | 1991 |
Owner | Knickerbocker Properties |
Height | |
Roof | 161 m (528 ft) |
Top floor | 39 |
Technical details | |
Floor area | 1,083,000 square feet (100,600 m2) |
Design and construction | |
Architect(s) | John Carl Warnecke & Associates |
Main contractor | Cahill Contractors, Inc. |
References | |
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. It is owned by the New York State Teachers Retirement System since 1998. 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.
In 2020, 49% stake of the building was sold to a Deutsche Bank subsidiary for $682 million.