It is located near several other downtown skyscrapers, including the adjacent Blue Shield of California Building and 45 Fremont Street.

The third version stood significantly shorter than the proposed height limit because the developer stated that it was uneconomical to build any taller on a 19,000 sq ft (1,800 m2)-sized lot.

[6][15] In February 2013, demolition started on the site's existing four-story building, formerly the home of Heald College.

[citation needed][18] In 2021, Internet company Yelp subleased 53,596 sq ft from Salesforce, as part of downsizing its offices and giving up its former headquarters at nearby 140 New Montgomery Street due to the rise of remote work in the COVID-19 pandemic.

[20] On September 6, 2024, a pane of glass fell from the roof level of the building and damaged ground floor windows of the neighboring Millennium Tower.