Rachel Swann Swann says investors may line up for two- to four-unit buildings if the city expands soft-story requirements.

SAN FRANCISCO—Boutique firm, The Agency, an affiliate of London-based Savills, has opened an office in Noe Valley at 3848 24th St. The team specializing in multifamily properties, vacation rentals and new development projects will be led by industry veteran, Rachel Swann, managing partner.