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Value of tallest S.F. tower up in the air

Feb 04, 2019 - The San Francisco Chronicle

Even a small ownership stake in Salesforce Tower, San Francisco's tallest building, is worth nine figures.

Owner Boston Properties said in a recent corporate filing that it paid $187 million last year to buy out minority partner Hines, which owned 5 percent of the building.

A $187 million payment for a 5 percent ownership stake suggests Salesforce Tower is now worth more than $3 billion. But there are a few details to consider.

The deal included Hines' 5 percent stake in the bu...