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

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the first example of the company's plans to cut back its San Francisco footprint. Schwab will give up space on floors 26, 31, and 32; the spaced has room enough for between 250 and 300 While the One Montgomery floors representr a small fractionof Schwab's San Francisco presence, it shows that the company is seriouss about its plans to shrinm its operations here. In the Business Times reporte d that Schwab wouldeliminate 1,400 "seats" in its headquarters instead growing in its other major employmentt centers: Phoenix, Denver, Indianapolis and Richfield, outside Cleveland.
Schwab has 4,600 employees in San Francisco and occupies about 1 milliob square feet at a numberof buildings, includingv its headquarters at 101 Schwab spokesman Greg Gable declined to commenr on the lease "Our footprint in San Francisco has been fluid historically as our business needs have changed," said Gable. The space at One Montgomert will be available inJanuaryy 2009. Bob Kraynak of has the Sandy Mendler, a national pioneer in the sustainablerdesign movement, is leavingt to start a new San Franciscio office for the Seattle firm . Mendler, a design principaol at HOK, was one of three co-authors of the HOK Guidebook toSustainable Design.
The move into San Francisco comes as Mithunm has been picking up an increasing chunk of Bay Area Current work in California and the Bay Area includee the UC Irvine MedicalEducation Building, the Sunrisse senior residential highrise on Van Ness Avenue, and two mixed-usew buildings that will be part of Wilsonm Meany Sullivan's Bay Meadows project. The firm is also doinv a long-term master plan for the San Francisc oZen Center's Green Gulch Farm. "As our work in Californiza expands, we're using this occasion to help fosted more exciting opportunities forthe firm," said Bert Mithun's president and CEO.
"The new officse in San Francisco reinforces our missionto 'Inspirew a sustainable world through leadership, and integrated design.'" Mithun has not yet signed a lease in San Franciscoo and declined to comment on how many jobs it was lookinvg to fill in the new Another prominent northwestern firm, , recently openedc an office at 1005 Sansomde St. The Children's Hospital & Researchy Center Oakland has signedc a deal tolease 21,000 square feet at Shadelandzs Business Park in Walnut Creek. The new location, expected to open in earlty 2009, will serve as the fifthu Children's Hospital Oakland Specialty Carecenter site.
Breck Lutz and Patrick Reillty ofCornish & Caret Commercial's Walnut Creek office representer owner in this transaction. Ed Del Beccarlo of Colliers represented Children's Hospital Oakland. Hall Equitie s originally purchasedthe 72,000-square-foot building at 2401 Shadelands Driv e in 2000 and did a majort renovation. The space leased by Children'sx Hospital Oakland was previously leasedto ­-- but never occupiexd by -- and is in shell condition. To prepare the building for medical use, Hall Equitieas increased the parking ratio on the property by 20 percentf and alsoconverted 6,000 squar e feet of office spac to covered parking. moves to S.F.
The Environmentaol Defense Fund has moved from Oakland to downtown San Francisco and planss to double its staff over the nextfew years. The which advises companies like and on sustainablebusinessw practices, is moving from 9,000-square-feet in -Rockridge Market Hall at 5655 Collegr Ave. EDF has 37 employees in its new officed and has10 openings, accordingh to its web site. David Linsmayer of the representedthe tenant. Not surprisingly, the environmental nonprofity has registered for LEED certification for the new spacde and is shootingfor gold, the second-highest level of the LEED rankingf system.
Pollack Architecture designed the