Condos come to lower Nob Hill
Condos come to lower Nob Hill
Real estate investor Edward Duffy is placing a bet on lower Nob Hill, an area that has been generally immune from the city’s condo boom. Duffy has paid $4.5 million for 832-840 Sutter St., an unentitled site between Leavenworth and Jones streets. The seller was the Zellerbach Family Foundation. Tony Crossley and Frank Wheeler of Colliers International represented the seller. While marketing the property, home to a two-story parking garage with an adjacent surface lot, the Colliers International team hired architect and engineer Charles Bloszies to design a seven-story, 70-unit residential and mixed use project for the area.
Bloszies said his role has been one of “speculative design” thus far and he has not had any contact with Duffy. “We think the site has a perfect residential feel to it.”
J.K. Dineen can be reached at (415) 288-4971 or jkdineen@bizjournals.com
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Mark Choey is Senior Sales Associate, Top Producer and principal of Climb Real Estate Group | Vanguard Properties. Mark specializes primarily in condo and loft sales in SOMA, South Beach, Rincon Hill, and Mission Bay.
Specializing in large buildings and especially new developments like The Infinity where he is the top agent in total sales, Mark has a passion for city living. Mark is the creator of www.SFnewdevelopments.com to help buyers and sellers navigate the dynamic new development condo housing market.
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