Sale of luxury residential units in The Harrison will now be handled by Compass Development. Maximus Real Estate Partners hired the firm late last month to continue sales of the 49-story, 298-unit tower in San Francisco’s Rincon Hill.
Sales at The Harrison have ranged from $566,250 to $7.5M. The units went on sale last April, and 80 of the units have been sold or are under contract, according to the San Francisco Business Times.
The Harrison sales strategy will be managed by Compass Development senior managing director Justin D’Adamo and West Coast managing directors Hana Cha and Morgan Ball. Compass replaces The Mark Co as The Harrison’s broker.
“The Harrison represents what’s new and exciting about San Francisco: modern, sophisticated, and unlike anything in the middle of everything,” D’Adamo said. “We’re excited to expand our presence on the West Coast and continue the sales momentum at this one-of-a-kind development.”
Compass’ first office in the Bay Area opened September 2016. Since then, its sales volume has exceeded $330M. Compass reported the highest residential sale of the year in San Francisco of $21.8M.
Compass Development, the new development marketing and sales division of Compass, has a national pipeline of roughly $2.5B, with projects including Foster + Partners’ 100 East 53rd St. and Tadao Ando’s 152 Elizabeth St. in New York City. Compass Development launched on the West Coast in July 2016.