Colliers International selected to represent the joint venture of TMG Partners and Alcion Ventures in the sale of The Hamm’s Building
SAN FRANCISCO–Colliers International has been retained by the joint venture of TMG Partners and Alcion Ventures as the exclusive listing agent for The Hamm’s Building located at 1550 Bryant Street in the Mission District of San Francisco.
The Hamm’s Building is a 184,706 square foot best-in-class creative office building located at the intersection of San Francisco’s Mission District and Greater SOMA. Originally constructed in 1915 by the Rainier Brewing Company, the Property operated as a brewery from 1915 to 1975, most recently by Hamm’s Brewing Company. In 1985, the Property underwent an extensive renovation and conversion program to an office building and has received numerous subsequent building upgrades In 2012/2013, the current ownership completed an extensive building renovation program including exterior painting and façade restoration, building lobby upgrades, building system upgrades, creative tenant build-outs, complete building common area and way finding upgrades, and renovation of the building penthouse into a stunning common area amenity.
Currently 94.5% occupied, the building contains a diverse mix of technology and traditional tenants and is anchored by two of San Francisco’s most exciting tech companies, Asana and Rdio.
In addition, the building lobby is home to Salumeria Café, a concept of James Beard award-nominated Chef Thomas McNaughton, a deli and larder offering breakfast, lunch, and happy hour for building tenants and outside visitors promoting a casual and collaborative atmosphere within the building.
Colliers International’s Investment Services Group, which includes Tony Crossley, Frank Wheeler, and Erik Hanson, will market the building on behalf of ownership.
“The Hamm’s Building represents the opportunity for an investor to acquire one of San Francisco’s premier creative office buildings,” says Tony Crossley of Colliers International. “Featuring unmatched building amenities, excellent creative office space, 360 degree City views, and iconic charm and status in San Francisco, The Hamm’s Building is a one-of-a-kind asset in the country’s strongest office submarket.”
About Colliers International
Colliers International is a global leader in commercial real estate services, with over 13,500 professionals operating out of more than 482 offices in 62 countries. A subsidiary of FirstService Corporation, Colliers International delivers a full range of services to real estate users, owners and investors worldwide, including global corporate solutions, brokerage, property and asset management, hotel investment sales and consulting, valuation, consulting and appraisal services, mortgage banking and insightful research. The latest annual survey by the Lipsey Company ranked Colliers International as the second-most recognized commercial real estate firm in the world.
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About TMG Partners
TMG Partners, founded in 1984 and headquartered in San Francisco, is a full-service real estate development and management company. TMG has developed more than 20 million square feet of property throughout the San Francisco Bay Area, including Emeryville, Marin City, Novato, Palo Alto, San Bruno, San Jose and San Francisco. One of the most active developers in this area in the last decade, the company has developed a variety of office, retail, residential and industrial properties, ranging from office campus and multi-story properties in urban, infill locations to mixed-use retail and single-story suburban buildings. For detailed information, visit: www.tmgpartners.com