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
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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 and Invesco Real Estate Acquire 600 Battery Street in San Francisco
TMG Partners and Invesco Real Estate Acquire 600 Battery Street in San Francisco

SAN FRANCISCO - (January 30, 2019) –TMG Partners (TMG), one of the Bay Area’s largest mixed-use property developers, and Invesco Real Estate, a global real estate investment manager, announced the acquisition of 600 Battery Street, an approximately 120,000-square-foot historic building in Jackson Square.

TMG and Invesco Real Estate were attracted to the building for its approximately 40,000-square-foot floorplates and a contemporary aesthetic with tall, exposed concrete ceilings, polished floors, and high- quality interior improvements, all highly desirable to today’s tenants. The property has a roof deck with views of the Bay Bridge, Coit Tower, and the Transamerica Pyramid. The property is one of a very few large blocks of space that will come available when the lease in the building expires in mid-2020.

“It’s a rare opportunity to acquire a property whose history you know this well,” said TMG Partners’ CIO Matt Field. “The building is an ideal combination of a rare large block of contiguous creative space in a historic building -- and with which we have a relationship with the tenant who has occupied the space for so long. We look forward to a second opportunity to own this amazing asset.”

TMG completed the original renovation on the property in 1998 and sold the building to the current seller, a joint venture of M&J Wilkow and the National Real Estate Advisors LLC. The tenant in the building is the same tenant which TMG leased the building to 20 years ago.

The building was built in two phases between 1927 and 1938, and was completely renovated to Class A standards in 2000 when the current tenant took occupancy. The property benefits from the neighborhood mix of outdoor spaces, such as the adjacent Sydney Walton Park, great restaurants including Kokarri and Roka Akor, and social institutions such as The Battery.

Mike Taquino and Kyle Kovac of CBRE represented the seller in the transaction.

About TMG Partners
TMG Partners, founded in 1984 and headquartered in San Francisco, is a full-service real estate development and management company. TMG has developed more than 30 million square feet of property throughout the San Francisco Bay Area, including Emeryville, Marin City, Mountain View, Novato, San Bruno, San Jose and San Francisco. One of the most active developers in this area, the company has developed a variety of office, retail, residential and industrial properties, ranging from office campus and multi-story properties in urban, infill locations to mixed-use retail and single-story suburban buildings. For detailed information, visit www.TMGPartners.com.

About Invesco Real Estate
Invesco Real Estate is a global leader in the real estate investment management business with $64.1 billion in real estate assets under management, 491 employees and 21 regional offices across the U.S., Europe and Asia (as of 09/30/18). Invesco Real Estate has been actively investing in core, value-add and opportunistic real estate strategies since 1992. Invesco Real Estate is a business name of Invesco Advisers, Inc., an indirect, wholly owned subsidiary of Invesco Ltd. Invesco Ltd. is an independent investment management firm dedicated to delivering an investment experience that helps people get more out of life. NYSE: IVZ; www.invesco.com.