AMB Property Corp. Readies for Move to Renovated Pier 1

SAN FRANCISCO-The historic, fully renovated Pier 1 building, which stretches out 700 feet over the Bay, welcomes its new tenants next month. AMB Property Corp. plans to move from 505 Montgomery St. into its new digs on Dec. 8. Other tenants that soon will be calling the two-story, 150,000-sf Pier 1 their home include the Port of San Francisco, Venture Law Group and Weston Presidio Capital, a private equity investment firm.

“Our move to Pier 1 accomplishes two good things for AMB,” says Hamid Moghadam, chairman and CEO of the firm, which served as the project developer. “The first is that we were able to restore a historical building that was important to the San Francisco economy at the turn of the 20th century into a new structure that contributes to the economy in the new century. The second is that AMB’s employees will benefit from improved communication due to the open architecture layout of the space.”

AMB’s office features expansive windows and a wide-open floor plan. Nobody—-not even Moghadam-—will have an office with a door. The cubicle partitions will be low to foster unencumbered views. To provide staff with some privacy, AMB incorporated about 20 conference rooms into its design, as well as a large group gathering place that will serve as a video-conferencing center, cafe, library and casual meeting room.