After tech giant Salesforce backed off plans to put its corporate headquarters in Mission Bay, near to the site of the new Warriors stadium, speculation ran rampant about what that waterfront land would be used for. Public parks? A nature preserve? A stately pleasure dome?
No, just kidding—it's going to be the headquarters of another giant tech company. What did you expect?
Uber has closed a deal to buy the two plots of land, according to the San Francisco Business Times. The parcels, which encompass 422,980 feet of office space, had been the site of an aborted attempt by Salesforce to house its headquarters it put its headquarters at 415 Mission Street.
Under the terms of the deal, Alexandria Real Estate Equities will own 51 percent of the land and Uber 49 percent. The ride-sharing company will have a fifteen year lease.
The deal also comes with 425 existing parking spaces. Which is ironic, because, "car ownership [is] a thing of the past."