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
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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.
TMG Partners
Joint Venture of TMG Partners and Sares Regis Signs Three Retail Leases at Fremont's Capitol Square
by TMG Partners

Five Leases Signed in 12 months despite Covid Pandemic 

FREMONT -- (Sept. 20, 2021) –TMG Partners and Sares Regis Group of Northern California, two of the San Francisco Bay Area’s largest mixed-use property developers, announced today three retail leases at Capitol Square, their joint venture development situated in the center of Fremont’s new Downtown District.  The three tenants will join SLIVER Pizzeria and RawASF, signaling a return of retail leasing in Fremont following a year of industry impact by the COVID-19 pandemic.    

 Locale at State Street Towers       Image courtesy of Lockehouse Retail Group

“The draw to Capitol Square from two local family-owned businesses as well as a national retailer underscores the growth, diversity, and sophistication of Fremont,” said David Cropper of TMG Partners and Dave Hopkins of Sares Regis in a joint statement. “They are sure to reinforce the success of RawASF and Sliver Pizza, and will add to the increasing vibrancy around Locale.”

“The recent leases of Din Ding, Banter Bookstore, and Deka Lash reflect the growing interest in Capitol Square and the momentum that's building in Downtown Fremont,” stated Fremont Mayor Lily Mei.  “These three diverse businesses will be excellent additions to the project and gravitate people to Downtown from throughout the community.”
 

Din Ding Dumpling House , family-owned business, took 2,950 square feet where they will serve handmade noodles and dumplings such as XLB (xiaolongbao) and potstickers, and braised beef noodle soup. This Fremont location will serve as a return to market for the family business after their original location was indefinitely closed following a neighboring fire.

An exciting beauty company founded in 2011 that specializes in eyelash extensions, Deka Lash  has leased 1,357 square feet which adds to their 100 studio locations across the US and Canada with a product line specially formulated for Deka lashes.

Local parent, community volunteer, and former attorney, Amy Holmes Davis founded Banter Bookshop out of a personal lifelong love of books Now in the 1,418-square-foot store, she will sell a curated selection of new books and gifts, host events, and support the residents of Fremont and beyond by creating a space for local literary interests and community. Banter Bookshop will carry books for all ages and across all genres: fiction, nonfiction, business, travel, cookbooks, young adult, and children’s books.

Set at the corner of Capitol Avenue and State Street, Capitol Square is an anchor for the “Downtown Heart” of Fremont. It is also immediately across from the new Fremont Community Event Center, scheduled for completion October 2021, and which will become the center of community activity, serving as a new destination for traditional community center functions such as community meetings, receptions, local business events, and economic development conferences. The Community Center design features a grass space at the center of the site which will provide unique flexibility for programming of community events and activities, including active games/sports, food trucks, concerts, maker fairs, markets, and more. 

RawASF, a plant-based, all-natural smoothie and acai bowls shop, is now open for business. SLIVER Pizzeria has completed its design process and has its architecture plans application in with the city for building permits.

Lockehouse Retail Group’s Aaron Dan, Chris Homs and Tim Willet led all leasing efforts for the Capitol Square owners while Coldwell Banker Commercial’s Faz Binesh advised Banter Bookshop and Cornish & Carey’s Josh Shumsky advised Deka Lash. 

About TMG Partners

TMG Partners, founded in 1984 and headquartered in San Francisco, is a full-service real estate development and management company. One of the most active developers in the Bay Area Region, TMG has a portfolio of more than 30 million square feet across Oakland, San Francisco, San Jose, and other Bay Area cities that includes a variety of office, retail, residential, and industrial properties, ranging from office campus and multi-story properties in urban-infill locations to mixed-use and single-story suburban buildings. For detailed information, visit TMG Partners. 

About Sares Regis Group of Northern California

Sares Regis Group of Northern California and its affiliates, Regis Homes Bay Area and Regis Contractors Bay Area, are regional companies based in San Mateo, California. As leading developers and managers of commercial and residential real estate in the western United States, the companies have more than 6.5 million square feet of commercial properties valued at $500 million and over 2,800 residential units under development. Since its inception, the company has acquired or developed approximately 46 million square feet of commercial properties and 20,000 multifamily and residential housing units.

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