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 exterior and interior.
Globe Street
Oakland’s Forward Thinking Leads to Business Hub Moniker
by Lisa Brown

Telegraph Tower, developed by TMG Partners and endorsed by mayor Libby Schaaf as a key element of Uptown Oakland's development, provides 875,000 square feet of next-generation office space.

OAKLAND, CA—Telegraph Tower, developed by TMG Partners and endorsed by mayor Libby Schaaf as a key element of Uptown Oakland’s development, provides 875,000 square feet of next generation office space with large floorplates, high ceilings, the latest technology and building amenities. Solomon Cordwell Buenz is both the architect and interior designer on the development.

The architectural design of the 28-story tower located at 2201 Valley St. is straddled between Oakland’s industrial past and the city’s future as a growing business hub. Its angular image is framed by an industrial-inspired patinaed metal seam that runs throughout the building. Private roof terraces on the sixth, 18th and 28th floors provide west-facing views of the San Francisco Bay.

“Telegraph Tower represents a new design approach to urban office towers. We were really influenced by the uniqueness of Oakland as a place, from the varying scales of the existing urban fabric to the rich materiality of its industrial past, to the vibrancy of its amazing arts scene,” said Chris Pemberton, president of Solomon Cordwell Buenz. “It was important to us to create a building that feels like a continuation of the city’s story.”

The interior floorplates of Telegraph Tower offer up to 37,000 square feet of office space with wide column-free spans and 11 ½-foot-tall glass exposures.

Collaboration and wellness are key to the design. The building features a 10,000-square-foot fitness and wellness center, a community theater, street-level retail, a cafe and gallery space. A mind-blowing 33 balconies provide each level with outdoor space.

“Telegraph Tower leads the next generation of office buildings for Oakland with its emphasis on expansive open floorplates, some of the highest ceilings of any Bay Area office building and a large proportion of outdoor space,” said Michael Covarrubias, chairman and CEO of TMG Partners. “We took every lesson we have learned about what companies want today and designed Telegraph Tower as a workplace environment that is entirely focused on delivering the right employee experience.”

Ground-breaking for Telegraph Tower is slated for mid-2020.

“This office building is one of our bigger projects in Oakland, supported by huge trusses and located on the BART line,” Strachan Forgan, principal of Solomon Cordwell Buenz, tells GlobeSt.com. “One of the most noteworthy parts of this design is that the lower level parking garage has the same exterior materials as the upper level office space in a shadow box design. But this puzzle parking can easily be removed if the need for parking is lessened in the future.”

Puzzle parking systems utilize existing space in the best possible way. The automated parking systems are provided by a number of manufacturers, with Klaus Parking being one of the largest.

With its Parking Automats, one vacant space on the entry level allows for horizontal and vertical shifting of all platforms. At the press of a button, the system automatically moves the platforms into the desired position. An access/exit lane must be available on the middle level to comply with local regulations, GlobeSt.com learns.