555 Mission Street - History

History

The first version of 555 Mission had only 29 floors. Later, the number of floors was increased from 29 to 33. Both the 555 Mission project and the floor increase were approved in March, 2001. However, because of the office market after the Dot com bust, the developer Tishman Speyer had to stall the project for more than five years for economic conditions to improve. In 2007, six years after the building was approved for construction, work on the tower finally began. The anchor tenant is DLA Piper, which is set to occupy 82,000 sq ft (8,000 m2) on floors 22 to 26 of the tower. In March 2008, law firm Gibson, Dunn & Crutcher agreed to take up 60,000 sq ft (6,000 m2) of office space in the tower. In October 2009, Intellectual Property law firm Novak Druce + Quigg moved into the 34th floor penthouse of the building. As of summer 2008, close to half of the building's office space has been leased, with the possibility of more tenants moving in. Construction activities on the tower ended on September 18, 2008. The building was designed by Kohn Pedersen Fox Associates and Heller Manus Architects and the structural engineers were Middlebrook + Louie.

In June 2012, the building was sold to Union Investment for $446.5 million.

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