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Schwab Putting 375,000 SF for Sublease in San Francisco

March 9, 2009

Charles Schwab (SCHW: 18.43 -0.22%) is putting roughly 375,000 SF up for sublease at One Montgomery according to GlobeSt. Schwab occupies some 1,273,000 square feet in the San Francisco Bay Area, with a supermajority of that concentraded in San Francisco.

The 375,000 SF vacancy would represent one of the largest blocks of office space available in San Francisco, and represents roughly 1.7% of the South Financial District, and .8% of the entire Financial CBD alone.

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