Salesforce Inks San Francisco's Biggest-Ever Office Lease

Transbay Tower to be renamed Salesforce Tower.

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    NEWSLETTERS

    Getty Images
    Salesforce CEO Marc Benioff is seen in this Getty file image.

    Welcome to Salesforce city.

    The cloud computing giant will make its name on the San Francisco skyline, after signing the biggest-ever lease of office space in city history, according to reports.

    Salesforce has inked a deal to occupy 714,000 square feet of the Transbay Tower once the 1,070-foot office building is completed in 2017, according to the San Francisco Business Times. That's half of the building.

    The Transbay Tower, the largest skyscraper west of the Mississippi, will be renamed the Salesforce Tower, the newspaper reported.

    Luminaries such as Mayor Ed Lee and U.S. Rep. Nancy Pelosi were on hand Friday for the announcement.

    Salesforce CEO Marc Benioff touted the lease of 30 floors of office space -- which begins in 2018, and could be worth as much as $560 million over 15 years -- as a landmark achievement for his company, which was founded 15 years ago in San Francisco.