Portfolio.

TMG Partners has entitled, developed, acquired
and managed
a diversified portfolio of
23 million square feet, valued at $3.5 billion.

First and Mission
TMG and Northwood acquire trophy Transbay development site out of bankruptcy in off-market transaction

TMG Partners and Northwood Investors acquired the last remaining development site at the Transbay Terminal in a complex transaction structure involving the lender, disputed owner and the bankruptcy court. The site has 225,000 square feet of existing building which will be renovated while TMG finalizes approval for almost 2 million square feet of mixed-use development.

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680 Folsom
TMG sells 525,000 square foot, 85% pre-leased building to Boston Properties

TMG entitled a 100,000 square foot expansion of the 12 story 680 Folsom Street building originally constructed for Pacific Bell in 1964, and conceived a comprehensive rehabilitation program designed by Skidmore, Owings & Merrill LLP and engineered by Tipping Mar.

TMG formed a joint venture in October 2010 with Rockwood Capital to execute the complex rehabilitation, leased 85% of the project to Macy’s.com and Riverbed Technology within months, and obtained a $170 million construction loan from Heleba and Nord banks to commence construction in March 2012. TMG sold the asset to Boston Properties in October 2012 and was retained by Boston Properties as the Development Manager. The project is scheduled for completion in November 2013.

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1550 Bryant
TMG repositions former Hamm’s Brewery building into best in class creative office building

TMG devised a complex strategy to technically meet zoning requirements to convert non-permitted office space to permitted office space and successfully obtained approval for the entire building to be permitted as office space. Implemented a comprehensive renovation plan for the building that included a branding campaign tied to the building’s history and highlighting the unique features of the building. The renovation plan included a new entry and ground floor façade, all new common area finishes throughout the building, including main lobby, restrooms, corridors and elevator lobbies.

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West Tasman Campus
TMG executes multi-building, multi-year sale-leaseback with technology giant Cisco Systems, Inc

As Cisco systematically vacates the buildings over time, TMG will embark on a complete renovation of the campus by rebranding the 1990s-era R&D buildings into a series of Class-A campuses or single tenant buildings. Renovations will include signage, landscaping, building skin, interiors and common areas.

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650 Townsend
TMG repositions, leases and then sells 650 Townsend to Zynga, Inc for its corporate headquarters

In the fall of 2006, TMG formed a joint venture with Farallon Capital Management to purchase and reposition 650 Townsend, a large floor plate office building in San Francisco’s SOMA district. After completing an extensive rehab of the property which included a new lobby and common area improvements, new elevators and other building system upgrades, TMG secured a 270,000 square foot lease with on-line gaming company Zynga, Inc, who made the building its new headquarters. Less than one year later, after increasing its lease to 436,000 square feet, Zynga purchased the entire building from TMG for $228 million.

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1275 Market
TMG purchases, repositions, sells 350,000 square foot complex to Dolby Laboratories in 10 months

TMG Partners and its capital partner DivcoWest purchased this mid-Market area office building from the State Compensation Insurance Fund for $44 million in October 2011 and implemented a capital improvement plan to address numerous building deficiencies. A 16-story seismic upgrade was fully designed and permitted within 3 months and construction commenced in January 2012. The partnership received an unsolicited purchase offer from Dolby Laboratories and closed the $110 million sale in July 2012. The seismic work was completed in August 2012 together with other improvements to the building systems.

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1880 Mission
TMG pre-sells rare newly constructed apartment project in the Mission District to Behringer Harvard

This 202-unit development site was acquired by Avant Housing, a joint venture with TMG, AGI Capital and CalPERS, in late 2010. While the project was entitled and “shovel ready”, our development team went to work with the architectural designers to reconfigure the unit floor plans and common areas to strengthen this new apartment community’s appeal to technology employees in the thriving South of Market. The project is located in the heart of the Mission District near many shops and restaurants and is just one block away from a BART station. Construction will be completed in late spring of 2013.

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900 Folsom
Joint venture entitles and “pre-sells” a 282 unit multi-family project to Essex Property Trust

Acquired in late 2011 by Avant, a joint venture between TMG Partners, AGI Capital and CalPERS, 900 Folsom was planned and entitled with a “sister property”, 260 Fifth Street, at the corner of Fifth and Folsom in San Francisco. The project was presold to Essex Property Trust in June of 2012. Avant was engaged to manage the construction for Essex, scheduled to be completed by early 2014. The nine-story, Type 1 concrete project consists of 282 rental units, onsite parking and ground floor retail.

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260 Fifth
Joint venture entitles and “pre-sells” a 181 unit multi-family project to Essex Property Trust

Acquired in 2007 by Avant, a joint venture between TMG Partners, AGI Capital and CalPERS, the site consisted of a 40,000 square foot building formerly owned by Bill Graham Presents/Live Nation. The project went through design, planning and entitlements with its “sister property”, 900 Folsom Street, at the corner of Fifth and Folsom in San Francisco. The project was presold to Essex Property Trust in June of 2012. Avant was engaged to manage the construction for Essex, scheduled to be completed by early 2014. The nine-story, Type 1 concrete project consists of 181 rental units, onsite parking and ground floor retail.

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155 Fifth
TMG repositions and sells 155 5th Street to Dugoni School of Dentistry

In the fall of 2010, TMG formed a joint venture with Continental Development Corporation to reposition 155 5th Street. Continental Development originally built the building and after a 35-year lease with Wells Fargo, Continental retained TMG to execute a redevelopment plan for the building. TMG conceived a comprehensive rehabilitation of the building including new skin, systems, seismic upgrade, and asbestos abatement. TMG executed a complex re-entitlement of the building for the Dugoni School of Dentistry and sold the building to Dugoni upon completion of the entitlements.

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Landmark at One Market
TMG executes comprehensive rehabilitation and repositioning of San Francisco Landmark building

TMG acquired and rehabilitated the 80-year old, 11-story former headquarters for Southern Pacific Railroad to a modern Class A office building, while preserving its historic architecture.

The project included discretionary approvals to add 60,000 square feet to the building and completely modernize and seismically retrofit the building, a San Francisco landmark, while protecting the historic features and keeping the grand façade intact. The renovation included repair of the exterior, seismic upgrade, installation of state-of-the-art mechanical, electrical, life safety, elevator and telecommunications systems.

The renovation was completed within 24 months of TMG’s acquisition of the structure. Overlooking the newly-refurbished Embarcadero, the Ferry Building and the Bay, the building is now the Bay Area headquarters for Microsoft, Del Monte, The Haas Foundation and Epicentric, and includes regional offices for Autodesk, as well as other companies.

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680 Folsom
TMG sells 525,000 square foot, 85% pre-leased building to Boston Properties

TMG entitled a 100,000 square foot expansion of the 12 story 680 Folsom Street building originally constructed for Pacific Bell in 1964, and conceived a comprehensive rehabilitation program designed by Skidmore, Owings & Merrill LLP and engineered by Tipping Mar.

TMG formed a joint venture in October 2010 with Rockwood Capital to execute the complex rehabilitation, leased 85% of the project to Macy’s.com and Riverbed Technology within months, and obtained a $170 million construction loan from Heleba and Nord banks to commence construction in March 2012. TMG sold the asset to Boston Properties in October 2012 and was retained by Boston Properties as the Development Manager. The project is scheduled for completion in November 2013.

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Mid Point
TMG repositions Ampex corporate campus

The project redeveloped a 1960's era former Ampex manufacturing, assembly, and research campus into a Class A office in a pioneering location.

TMG viewed the site’s weakness — its location between San Francisco and Silicon Valley — as an asset with potential. We envisioned renovating outmoded buildings, installing new site improvements and obtaining entitlements to construct 500,000 square feet of new offices in a state-of-the art technology campus close to employment centers and an educated technology workforce.

TMG developed and leased more than one million square feet of cutting-edge technology offices within 24 months of acquiring the site. TMG demolished obsolete buildings, retrofitted and installed modern systems in renovated buildings and obtained entitlements to develop 500,000 square feet of new office space. Our company coordinated site master planning approvals with Redwood City and the Friendly Acres Neighborhood Association. The campus achieved 100% lease-up within 24 months of acquisition.

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Public Market
Emeryville LEED® ND Platinum development sold to Angelo Gordon and City Center Realty Partners

Located at 5959 Shellmound St. in Emeryville, this 270,000 square foot mixed-use property was initially developed by TMG Partners in the late 1980’s and recapitalized in 2003 with Rockwood Capital. In 2011, TMG and Rockwood undertook significant renovations and leasing at the property to create a thriving walkable and transit oriented property and was awarded a 2010 California Catalyst Communities Pilot Gold Level Designation and US Green Building Council LEED ND Platinum Designation. In November 2012, TMG Partners and Rockwood Capital sold the Public Market Emeryville to Angelo Gordon and City Center Realty Partners.

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SOMA Grand
TMG successfully develops first high-rise condominium project in the Mid-Market neighborhood

The project was positioned to capitalize on the changing demographics of San Francisco’s Midmarket corridor following the opening of the new Westfield Center (including Bloomingdales store) and Federal Building projects, and to provide a unique mix of views, services and value. TMG formed a strategic relationship with Joie de Vivre Hotels to provide luxury services and with Charles Phan, a local celebrity chef, to provide a unique restaurant experience.

These amenities combined with the project’s expansive views and value pricing reflecting the transitional neighborhood, made the project a financial success. The project was chosen as a finalist by the San Francisco Business Times for Best Community Impact.

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1880 Mission
TMG pre-sells rare newly constructed apartment project in the Mission District to Behringer Harvard

This 202-unit development site was acquired by Avant Housing, a joint venture with TMG, AGI Capital and CalPERS, in late 2010. While the project was entitled and “shovel ready”, our development team went to work with the architectural designers to reconfigure the unit floor plans and common areas to strengthen this new apartment community’s appeal to technology employees in the thriving South of Market. The project is located in the heart of the Mission District near many shops and restaurants and is just one block away from a BART station. Construction will be completed in late spring of 2013.

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The Crossing
TMG develops and sells unique Class A residential projects in North San Mateo sub-market

The project was a conversion of a 60-year-old former naval facility to transit-oriented mixed-use development. TMG secured City staff and voter approval for project height limit in excess of the current height limit and ran a successful public campaign to obtain voter approval for the height increase.

The project was positioned to take advantage of under-construction BART station to create a model transit-oriented development featuring hotel(s), restaurants, senior housing and market rate apartments.

The redevelopment of the Navy site has provided the City of San Bruno with a landmark project that has received national attention for both its transit-oriented smart growth characteristics and its potential to redefine the City of San Bruno. The project included approximately 1,100 units of housing, including market rate apartments and senior housing with a below market rate component, retail space and a hotel.

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1000 Van Ness
TMG successfully repositions National Register Landmark Building into a mixed-use complex

TMG entitled and converted the long-vacant historic west coast Cadillac headquarters and showroom into a modern mixed-use complex.

The project was designed to capitalize on a mix of the of historic architecture and state-of-the-art amenities — including the first multi-screen theater developed in San Francisco in 20 years — to create a vibrant mixed-use development of luxury lofts and retail. The new Cineplex building was uniquely designed to provide the structural support for the historic building.

TMG’s completed project includes 14-screen, stadium seating, AMC Theater, 28,000 square foot Crunch! health club, 7,500 square feet of retail space, 14,000 square feet of office space, 50 luxury loft condominiums and a 450-car garage. TMG obtained 20% Federal Historic rehabilitation tax credits for the project and sold the commercial components to a REIT. TMG also created a coalition of support for the project from the City, historic preservation and the neighboring community to assist in obtaining project approvals that included an Environmental Impact Report and Certificate of Appropriateness to modify the landmark building.

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Hamilton
TMG entitles and redevelops 900 acre former military base in Marin County into mixed-use project

TMG successfully converts a former military base to civilian use after a previous developer plan was overturned in a voter referendum.

TMG collaborates with the City and previous development opponents to Master Plan a new community addressing local concerns, preserving historic buildings, reducing density and ensuring design quality. TMG approved project encompasses 300 acres of redevelopment including 400,000 square feet of commercial development, 900 residential units and 150,000 square feet of retail. Hamilton as a new community — not just a subdivision — successfully overcomes the stigma of living on a former military base.

The community includes office, retail, hotel and five distinct residential neighborhoods, including senior housing, entry level townhomes, family homes ranging in size and amenities, and luxury hillside homes. Winner San Francisco Business Times Mixed-Use Deal of the Year, 1988. Featured in Sunset Magazine.

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Marin City
TMG redevelops controversial former flea market site in Southern Marin into mixed-use project

TMG structured a unique partnership of non-profits, including BRIDGE Housing of San Francisco, community groups and the County of Marin to develop a master plan and programs for the community that overcame political opposition by featuring affordable homes, first-source hiring, job training, childcare, transit hub, freeway interchange improvements, seismic improvements and community service facilities, including parks and a library.

The Marin City USA project transformed an underutilized property into a vibrant, revenue-generating community, winning the American Planning Association Advocacy Planning Award for exceptional coordination and benefits to the local community. Funding for the project was obtained from Security Pacific, Bank, CalPERS, the U.S. Department of Transportation, Caltrans, the Marin Community Foundation, the County of Marin, the Marin County Redevelopment Agency and Union Bank.

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First and Mission
San Francisco
2,000,000 sq. ft. Mixed

680 Folsom
San Francisco
525,000 sq. ft. Office

1550 Bryant Street
San Francisco
184,000 sq. ft. Office

West Tasman Campus
San Jose
810,000 sq. ft. Office/R&D

650 Townsend
San Francisco
770,000 sq. ft. Office

1275 Market
San Francisco
350,000 sq. ft. Office

1880 Mission
San Francisco
202 units Residential

900 Folsom
San Francisco
282 units Residential

260 Fifth
San Francisco
181 units Residential

155 Fifth
San Francisco
350,000 sq. ft. Office

Landmark at One Market
San Francisco
400,000 sq. ft. Office

680 Folsom
San Francisco
525,000 sq. ft. Office

Mid Point
Redwood City
1,000,000 sq. ft. Office

Public Market
Emeryville
270,000 sq. ft. Retail/Other

SOMA Grand
San Francisco
245 units Residential

1880 Mission
San Francisco
202 units Residential

The Crossing
San Bruno
485 units Residential

1000 Van Ness
San Francisco
450,000 sq. ft. Retail/Other

Hamilton
Novato
900 acres Retail/Other

Marin City
Marin County
Retail/Other

A diversified portfolio of 23 million square feet.

TMG Partners is a market leader with expertise in building rehabilitation, asset repositioning, ground up development, entitlement and re-zoning and historic renovation. TMG’s project experience ranges from Class A office redevelopment on the San Francisco waterfront to cutting edge technology campuses in Silicon Valley, military base conversions, transit oriented mixed-use developments, and thousands of multi-family units, from workforce housing to luxury condominiums. Our broad Bay Area experience together with our sub-market knowledge gives us the local advantage. TMG has been the most active developer in San Francisco’s SOMA district for 25 years with 18 projects totaling 5.5 million square feet of office, retail and housing. In Silicon Valley, TMG has been active since 1984, completing 16 transactions totaling 5 million square feet.