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It’s the way we think
that sets us apart.

TMG Partners has been in the business of developing award-winning, financially-successful, community-based real estate for 39 years. As much as we have accomplished over the last three decades, we believe it is the way we THINK about our region, the risks we manage, the critical timing of our projects and the value we create that sets us apart.

Localism

Real Estate is
a local business.

No, really.

The San Francisco Bay Area is an extremely diverse real estate marketplace with countless micro-business climates teeming with possibility. But you have to be here—and know here—to make the most of the opportunities all around us. Having been exclusively committed to the Bay Area for over three decades, we have developed a keen local intuition which gives us a unique advantage in recognizing both the opportunities and risks in this complex market.

Regionalism

We Think
Mega

If we try to solve our land use problems by focusing only on the nine Bay Area counties, we will fail.

Michael CovarrubiasChairman & CEO

As the Bay Area’s economy has grown over the last three decades, so too has its challenges—particularly related to transportation, housing, affordability and climate change. To plan for growth of 4 million more people in the next third of a century, TMG is thinking bigger, beyond our nine Bay Area counties, and working on longer term strategies to create greater connectivity across our entire megaregion.

Timing

It’s got to work at low tide as well as high tide.

Some of our best deals are the ones we didn’t do.

Matt FieldChief Investment Officer

Almost anyone can make money in a positive economic climate. But it takes discipline, depth of market knowledge and experience in all major product types to know when to buy and when to sell. The most profitable deals can be the ones you decide just don’t make sense or are outbid by an “out of town” competitor. Because we are active in our markets on a daily basis, TMG Partners has managed a portfolio through 39 years of market cycles that works in all phases and has withstood the sands of time.

Vision

huh?

Once it’s obvious, it’s too late.

Cathy GreenwoldSenior Advisor

If you wait for the statistical proof to confirm real estate opportunities, you’re looking backwards. TMG Partners has cultivated an approach to studying the business landscape that reveals market opportunities before they become obvious. Our contrarian investment strategy balances optimism and caution with the intent of turning forward-looking investments into no-brainers.

Returns

Redefining IRR

Our measure for success goes beyond profit.

Lynn TolinChief Operating Officer

Most investment professionals have a clear understanding of IRR: Internal Rate of Return, a purely financial measurement of performance. At TMG we use a different definition. For us, IRR means balancing Integrity, Relationships and Results. We measure every aspect of our business through this lens to ensure our partners, communities, tenants and buyers are treated with the highest degree of respect and responsibility while we consistently deliver superior financial performance.

Think

Localism

Regionalism

Timing

Vision

Returns

Close

Close

Drew Thomas

Partner

Drew Thomas, Partner, joined TMG in 2011 and is responsible for the development and acquisition of urban infill, value-add commercial real estate investments throughout the San Francisco Bay Area. Drew has over fourteen years of commercial real estate experience, including acquisitions, finance, sales, leasing, and development.

While with TMG, Drew has managed the acquisition, development, refurbishment and leasing of approximately 1.3 million square feet of research and development office space in four South Bay projects totaling 13 properties spanning Sunnyvale, North San Jose and Fremont. In addition, he has lead the historic renovation and releasing of the 200,000 square foot Breuner Building in Uptown Oakland. In total, he has directed in excess of $80 million in capital improvement investments, leased over 620,000 square feet and played a major role in acquisitions and dispositions totaling $460 million.

Prior to TMG: Drew was the managing Associate for Boston Properties’ finance / capital markets group responsible for acquisitions, dispositions, property financings and lease and development underwriting. During his tenure, he directly led the firm’s efforts on over $1.4 billion of transactions, while also managing the firm’s three-person analyst team responsible for portfolio-wide quantitative asset management. Drew began his career in investment banking with Morgan Stanley in New York, NY and subsequently spent six years in various financial and business development capacities with several firms throughout the Bay Area peninsula.

He earned an M.B.A. in finance from the Carroll Graduate School of Management at Boston College and graduated magna cum laude with a B.S. in Psychology from Washington & Lee University.

Affiliations

Urban Land Institute, Member

Partners.

Michael A. Covarrubias
Chairman and
Co-Chief Executive Officer

Matt Field
Co-Chief Executive Officer

Lynn Tolin
Executive Vice President & Chief Operating Officer

Kevin McLean
Chief Financial Officer

Scott C. Verges
General Counsel
Executive Vice President

Benjamin Kochalski
Regional Partner

Daniel E. Siri
Managing Director of Tax

Denise Pinkston
Managing Director of Land Use and Policy

Ken Dupee
Managing Director of Development

Peter Weltchek
Managing Director of Finance

Cathy Greenwold
Senior Advisor