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.
The Registry
The Sobrato Organization + Advisor TMG Partners Announce 111K Lease with Meraki at 500 Terry Francois in San Francisco

The Sobrato Organization, Silicon Valley's premier developer of facilities for high technology companies, and its advisor TMG Partners, one of the San Francisco Bay Area's largest mixed-use property developers, announced the signing of an 111,761-square-foot lease at 500 Terry Francois, Mission Bay in San Francisco with Meraki, Inc.

Meraki, a cloud networking company currently located at 660 Alabama Street, will move into the 4th and 5th floors in mid-2013 with a 10-year lease term. Warren Wixen and Jenny Haeg represented the tenant and Mike Brown, Bart O'Connor, Jack Troedson, and Donnette Clarens of Cornish & Carey Commercial Newmark represented the owners.

Mission Bay is a 303-acre development planned for 6,000 housing units, 4.4 million square feet dedicated to office and life science use, 41 acres of parks and open space, the UCSF research campus andhospital, as well as rapidly increasing amenities to service this growing community.

"Meraki's office relocation further validates the arrival of Mission Bay, which is home to both high tech and emerging sciences," said John A. Sobrato, chairman of The Sobrato Organization. "With all the development activities at Mission Bay, coupled with the projected sites of Pier 70, Seawall 237 where the Giants are creating a new mixed-use project and the new Arena, Mission Bay is not only on transit lines, but more importantly on the path of progress."

Meraki is the leader in cloud networking, offering its customers enterprise-class networking solutions that use cloud-based technologies to make them easier to manage and lower cost. The rapid proliferation of mobile devices and web applications has fueled explosive growth for Meraki - the company, which was founded in 2006, has more than doubled in size this year to over 330 employees. Meraki plans to continue this rapid growth into 2013.

"Meraki is a young, innovative company, and our choice in office location is critical to enabling our rapid growth while preserving our unique culture," said Sanjit Biswas, co-founder and CEO of Meraki. "In Mission Bay, we have found an ideal home for this next phase of growth as a company."

The San Francisco office market remains very active with limited large blocks of space available for tenants with near term occupancy requirements. 500 Terry Francois is ideally located to public transit, with a shuttle service, parking, and access to Interstate 280. The305,000-square-foot LEED Silver building offers unobstructed bay views from large efficient floor plates with amenities such as gym, showers, bike storage and a state-of-the-art raised floor system that provides tenants with increased layout flexibility while maximizing floor to ceiling height.

500 Terry Francois has over 193,000 square feet of remaining space available for lease.