SAN FRANCISCO—TMG Partners, one of the Bay Area's largest mixed-use property developers, and Alcion Ventures have executed the sale of The Hamm's Building, a 12-story, 184,706-square-foot office building at 1550 Bryant Street in San Francisco.

The Hamm's Building is delivered 95% leased to a diverse group of tenants, including technology companies such as Rdio, and Asana, companies founded by some of the original backers of Skype and Facebook, respectively; and Salumeria, the creation of James Beard Nominated Chef Thomas McNaughton whose other restaurants include Flour + Water and Central Kitchen. The sale price was not disclosed.

Located in San Francisco's Mission District, the former brewery was originally built for the Rainier Brewing Company in the early 1900's. It gained its namesake as the “Hamm's Building” when it brewed Hamm's Beer from the 1950s-1970s. Once topped with a giant neon Hamm's beer sign, the building is an icon to many San Franciscans. The building sat vacant until a rehab in 1985 transformed the old brewery into an office building.

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David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.