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.
Globe St
Proposal Responds To Neighborhood Priorities
by Lisa Brown

SAN FRANCISCO—A revised preliminary project assessment for a mixed-use project, 88 Bluxome Street, (formerly known as 645 5th St.) in the SoMa neighborhood has been submitted by Alexandria Real Estate Equities Inc. and TMG Partners to the San Francisco city planning department. The 2.6-acre site is located on the same block on which the Central Subway station will be constructed at 4th and Brannan streets.

“It is important to us to support the SoMa community through this new development. We are proud that our 88 Bluxome Street project will address multiple community priorities, while providing cutting-edge space,” said Stephen A. Richardson, chief operating officer and San Francisco regional market director of Alexandria. “This project also further enhances Alexandria’s visible pipeline of key future value-creation development projects.”

The revised project assessment calls for the project to be anchored by commercial office, retail and production, distribution and repair (PDR) space to support the Central SoMa plan’s main goal of job creation along the city’s newest transit line. The proposed project includes a broad mix of uses and responds to a number of community priorities for the immediate neighborhood and the greater San Francisco area. It will provide a community recreation center, a child care center and a community garden, as well as a land dedication of a portion of the site to the city for construction of a 100% affordable housing project.

“Alexandria and TMG are excited to propose a project that meets the objectives of the central SoMa plan and provides a site for affordable housing and community recreation at a time when such sites are in critical shortage. We have been working in SoMa for almost 30 years and recognize the need for projects to balance economic and community development,” said Matt Field, chief investment officer of TMG Partners.

Alexandria’s entitlement, design and development expertise and experience have enabled the company to operate approximately 3.7 million rentable square feet (including current development projects) of office/laboratory space in the Bay Area. Alexandria’s San Francisco asset base, located in the Mission Bay/SoMa, South San Francisco and Palo Alto/Stanford Research Park submarkets, is 100% leased largely to investment-grade tenants as well as technology tenants.

Field tells GlobeSt.com: “We think this is an ideal mix of uses for the area. The combination of commercial uses, office, retail and PDR, with community-focused uses, affordable housing, community recreation, and day care, can take full advantage of the new Central Subway station located in the same block.”