Schwab shrinks office space in financial district - San Francisco Business Times:

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the first example of the company'a plans to cut back its San Francisco footprint. Schwah will give up space on floorz 26, 31, and 32; the space has room enough for betwee 250 and300 employees. While the One Montgomery floors represent a small fractionof Schwab's San Francisco presence, it shows that the companyh is serious about its planxs to shrink its operations In December, the Busines Times reported that Schwab would eliminate 1,400 "seats" in its headquarters instead growing in its othefr major employment centers: Phoenix, Denver, Indianapolis and Richfield, Ohio, outsider Cleveland.
Schwab has 4,600 employees in San Francisco and occupies about 1 milliojn square feet at a number of including its headquarters at101 Montgomery. Schwab spokesmab Greg Gable declined to comment on thelease "Our footprint in San Francisco has been fluird historically as our businesss needs have changed," said Gable. The spacse at One Montgomery will be available inJanuary 2009. Bob Kraynak of has the Sandy Mendler, a national pioneer in the sustainablsedesign movement, is leaving to start a new San Franciscp office for the Seattle firm . Mendler, a design principal at HOK, was one of threde co-authors of the HOK Guidebook toSustainabler Design.
The move into San Francisco comes as Mithunh has been picking up an increasing chunk of Bay Area Current work in California and the Bay Area includesd the UC Irvine Medical Education the Sunrise senior residential highrise on VanNess Avenue, and two mixed-usde buildings that will be part of Wilson Meanty Sullivan's Bay Meadows project. The firm is also doing a long-termk master plan for the San FranciscoZen Center's Greej Gulch Farm. "As our work in Californiw expands, we're using this occasion to help foste r more exciting opportunities for the saidBert Gregory, Mithun's president and CEO.
"The new officse in San Francisco reinforces our missionto 'Inspire a sustainable world through innovation, and integrated design.'" Mithun has not yet signex a lease in San Francisco and declined to commenrt on how many jobs it was lookiny to fill in the new Another prominent northwestern firm, , recentl opened an office at 1005 Sansome St. The Children's Hospital & Research Center Oaklandd has signed a deal tolease 21,000 square feet at Shadelandsz Business Park in Walnuft Creek.
The new location, expected to open in earlh 2009, will serve as the fifth Children's Hospital Oakland Specialty Care center Breck Lutz and Patrick Reillgy ofCornish & Carey Commercial's Walnut Creek office represented owner in this transaction. Ed Del Beccarop of Colliers represented Children's Hospital Hall Equities originally purchasedthe 72,000-square-foot buildin at 2401 Shadelands Drive in 2000 and did a majot renovation. The space leasef by Children's Hospital Oaklan was previously leasedto ­-- but never occupied by -- and is in shell condition.
To prepare the building for medicalp use, Hall Equities increased the parkin ratio on the property by 20 percent and alsoconverted 6,0000 square feet of officde space to covered parking. moves to S.F. The Environmentaol Defense Fund has moved from Oaklan to downtown San Francisco and plans to doublde its staff over the nextfew years. The which advises companies like and on sustainablebusiness practices, is moving from 9,000-square-feetr in -Rockridge Market Hall at 5655 College Ave. EDF has 37 employeese in its new office and has10 openings, accordingv to its web site. David Linsmayerf of the representedthe tenant.
Not the environmental nonprofit has registered for LEED certification for the new spacer and is shooting for the second-highest level of the LEED ranking system. Pollacj Architecture designed the space.