Colliers International has been retained as the exclusive marketing agent for 41 Tehama, a fully entitled residential project designed and approved for 341 units, located in the Transit Center District of San Francisco. The site is owned by Tehama Partners, LLC. Colliers International’s Investment Services Group, which includes Tony Crossley, Frank Wheeler, Tim Maas, and Erik Hanson, will market the site on behalf of ownership.
The project for a 342-foot tower at 41 Tehama Street will go before the Planning Commission today, and if approved will allow one local family-owned real estate company to construct its first building in San Francisco. The Husband-and -wife team behand Frits Realty have owned the site (now just a parking lot and shed) since it was the parking lot for the family’s former garment company. Their first foray into development includes 325 residential units and about 700 square feet of ground floor retail space designed by Arquitectonica (who seem to be everywhere these days), with a landscape connection designed by CMG to the Transbay-planned Oscar Park. Originally proposed as 550-feet, the tower got chopped down after the Transit Center District Plan was approved, and now the project fits within the area’s height limit. With only 241 off-street parking spaces, indoor bike storage, and its Transbay-adjacent location, it’s being touted as a transit-oriented development.
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