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 40 years. As much as we have accomplished over the last four 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 four 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 & Co-CEO

As the Bay Area’s economy has grown over the last four 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 FieldCo-CEO

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 40 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 &
Executive Vice President

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

 

News & Awards.

TMG Partners has won awards for many projects
including honors for “Best Mixed Use,”
“Best Office,” and “Best Historic Rehabilitation”.
In the News. Press Releases. Awards.
Concept image of new building.
Silicon Valley Business Journal
Developer TMG Partners buys 7-building office campus in Santa
by Matthew Niksa

San Francisco-based developer TMG Partners on Thursday said that it had closed on the purchase of The Quad, a seven-building office campus in Santa Clara.

The 410,106-square-foot property located at the intersection of Tasman Drive and Bunker Hill Lane consists of two-story buildings that were recently renovated by JP Morgan.

The Quad is 50-percent occupied by long-term anchor tenant Silicon Valley Bank, whose Global Commerce Bank branch is headquartered at the site. Other tenants include hosting company GoDaddy, IT service management company Perspecta and acoustics and audio technology supplier Knowles, which recently signed a 23,000-square-foot lease at The Quad. The property is 73-percent occupied, according to a Thursday news release.

TMG, which represented itself in the transaction, on Thursday declined to disclose a purchase price for The Quad. Real estate investment banking company Eastdil Secured represented the seller, JP Morgan, in the deal.

"TMG Partners was attracted to this property because of its stable long-term cash flow, the Santa Clara location, our understanding of the need to provide office space for the many different size requirements of today's tenants, as well as the existing suite of amenities," said Ben Kochalski, TMG's South Bay regional partner.

"We will continue to add amenities and improvements with the confidence we will attract more businesses looking to headquarter in this location," he said.

The Quad's existing upgrades include a large outdoor courtyard and bocce ball and food truck courts.

The property is located three blocks west of Levi's Stadium and near two massive projects: Kylli's proposed 49-acre Mission Point mixed-use development, located across from The Quad, and Related Santa Clara, an up-to-9.2-million-square-foot mixed-use project, located four blocks east of the office campus. The site TMG purchased is also entitled for an additional 150,000 square feet, providing a build-to-suit opportunity for a prospective tenant, the release said.

TMG and San Jose-based Valley Oak Partners are also assisting real estate investment trust Boston Properties in the development of a 1.1-million-square-foot office campus at 440 W. Julian St. in downtown San Jose called Platform 16. The project broke ground on its first phase in early March. TMG last October landed a $220 million investment from an unnamed institutional investor to spend on Bay Area real estate.