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.
TMG Partners
Mayor Newsom Announces Zynga Establishes New Global Headquarters in San Francisco
Press Release

Zynga employees to relocate to 270,000 square foot space at 699 Eighth Street, a TMG Partners Development

Mayor Gavin Newsom today formally announced that Zynga, one of the world's fastest growing technology companies, has signed a lease to relocate and expand its San Francisco headquarters to 699 Eighth Street. Zynga has signed a seven-year lease to occupy 270,000 square feet in Townsend Center, a 650,000 square foot property owned by TMG Partners. This new leasehold in the Showplace Square neighborhood will include a company café and fitness and wellness center. The new lease will also allow for future growth. Move in will begin in Spring 2011.

Zynga has grown from 398 employees in September 2009 to 1,200 employees in September 2010. In addition, the company has 13 studios around the world including offices in Sunnyvale, Los Gatos, Los Angeles, Austin, Boston, Baltimore, Bangalore, Beijing, Tokyo and Frankfurt.

"Zynga has seen remarkable growth in the last two years, and their decision to continue this growth in San Francisco affirms our City's status as a hub for innovation and gives an enormous boost to our local economy," said Mayor Newsom. "I'm proud of the City's partnership with Zynga to help them continue to flourish and keep and grow jobs in San Francisco."

"As a 15-year San Francisco resident, I value the City's unique ability to attract the combination of top creative and tech talent that enables innovation," said Mark Pincus, founder and CEO. "Our new headquarters will capture our culture of collaboration, creativity and fun. I want to thank the Mayor for being an outstanding partner in making our new headquarters become a reality."

"We are thrilled to welcome Zynga, the worldwide leader in online social gaming and one of the most exciting companies in the Bay Area, to their new home at 699 Eighth Street," said Michael Covarrubias, chairman and CEO of TMG Partners, who purchased 650 Townsend in 2006. "Their tenancy confirms South of Market as the most dynamic spot for new media companies in San Francisco today."

About Zynga
Zynga is the world's largest social game developer. More than 215 million monthly active users play its games. Zynga's games include FarmVille, Treasure Isle, Zynga Poker, Mafia Wars, YoVille, Café World, FishVille, PetVille and FrontierVille. Zynga games are available on Facebook, MySpace and the iPhone. Through Zynga.org, Zynga players have raised more than $3 million for world social causes. Zynga is headquartered in San Francisco. For more information, go to http://www.zynga.com.