SAN FRANCISCO—Boston Properties, which is becoming one of the city's most active developers, is said to be in negotiations to buy a lot next to the Salt House restaurant which is entitled for a 354,000 square foot office tower.
The San Francisco Business Times cited multiple sources who said the REIT wants to build a tower at the 535 Mission St. site.
Boston Properties also owns the development project at 680 Folsom St. and is a joint venture with Hineson the 1.6 million square foot Transbay Tower. It is looking for a development that can be built out quickly to meet demand in one of the nation's hottest leasing markets.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
