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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

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.

March 22, 2018

San Francisco Business Times

Real Estate Deals of the Year: 1330 Broadway Leases and Renovation

Blanca Torres

Why it won: After years of passing on Oakland, TMG Partners made its first deal in the city by snatching up 1330 Broadway in an off-market, $80 million deal in 2015.

The building was then a dated, Class B property begging for a facelift. TMG recognized the potential of the building and kicked off a $30 million renovation, which finished in 2017.

Built in 1958, 1330 Broadway is considered a prime example of the International Style of architecture, known for its simple design, lack of ornamentation and use of glass, concrete and steel.

Tenants took notice with three big names signing leases in the past year: Oracle, ARUP and Clovis Oncology.

With historic buildings, “you can do a light lift or a heavy lift,” TMG Development Director David Cropper said. “You’ve got to spend a lot of money to move a building to Class A from Class B.”

1330 Broadway Renovation and Leases

Address: 1330 Broadway, Oakland

Size: 315,000 square feet building with leases in 2017 of more than 64,000 square feet

Cost: $30 million renovation

Developer: TMG Partners

Landlord brokers: John Dolby and Dane Hooks, Cushman & Wakefield

Tenant brokers: Phil Arnautou and Luke Wilson of Colliers (Oracle). John Dolbyand Greg Fogg of Cushman & Wakefield (Arup). Gregg Walker and Grant Yeatman of JLL (Clovis Oncology)

Contractor: Hillhouse Construction Co.

Architect: Studio TMT

“New amenities, new finishes, and a location on top of transit all create an appealing package.”

— Adam Chall, partner, TMG