The Mills Building Receives LEED Gold Certification

Berkadia, Mills Building, San Francisco, Bay Area

Montgomery Street landmark becomes oldest, sustainable building in San Francisco

San Francisco, CA – July 19, 2012 – The Swig Company, owner and manager of The Mills Building, a 22-story office building located at 220 Montgomery Street, announced the building has received LEED Gold certification. Sacramento-based Leading Edge Consulting Services advised The Swig Company on the LEED certification process.

Totaling 626,000 square feet in a 10-story building and adjacent 22-story tower, The Mills Building is believed to be the oldest property in San Francisco to receive LEED Gold certification. The 10-story building fronting Montgomery Street was built in 1892 and is the only surviving example of the Chicago School of Architecture in San Francisco. It was also one of the few buildings downtown to survive the 1906 earthquake. A 22-story tower was completed in 1932.

The property is also one of the longest continuously-owned assets in the city and has been in the portfolio of The Swig Company for more than fifty years.

“The Mills Building has tremendous historical significance in the city of San Francisco but it is also very much a timeless asset with state of the art modern communications systems and amenities that few buildings in this market enjoy. Now it can also claim to be one of the most sustainable buildings in a city which prides itself on being at the forefront of the Green Revolution,” said Jeanne Myerson, CEO of The Swig Company.

The Mills Building is one of the few downtown office buildings with operable windows and houses the only subscription law library on the West Coast (and the only law library in downtown San Francisco). Since 2007, The Mills Building has also received an ENERGY STAR rating, which places it among the highest rated in the city for energy efficiency.

As part of its program seeking LEED Gold certification, the engineering and property management team introduced measures to reduce energy and water consumption, adopted new green cleaning policies and pursued a comprehensive indoor air quality program.

About The Swig Company
The Swig Company, LLC, headquartered in San Francisco, is a private investment company with a 75-year history of investment, re-positioning, development and management of commercial real estate properties in major gateway, coastal markets throughout the United States. The Company’s diversified portfolio includes urban office buildings and multi-family apartments. The Company no longer invests in hotels. The Swig Company pursues a moderate growth strategy and co-invests with like-minded investment partners in supply-constrained urban environments. The Swig Company is the active day-to-day manager for its California portfolio on behalf of its investors, providing investment, pro-active asset management, redevelopment, selective development and professional high quality property management services. For more information, please visit http://www.swigco.com

West Coast Commercial Real Estate News