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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.

August 26, 2016

The Registry

TMG Partners Closes on 2201 Broadway in Oakland for $77MM

(EDITOR’S NOTE: According to sources familiar with the transaction, the sale price was $77 million, or just over $388 per square foot. TMG Partners and their representatives declined to provide details of the sale.)

Adds 198,000 Square Feet of Office Space to Portfolio

SAN FRANCISCO (August 26, 2016) – TMG Partners, one of the San Francisco Bay Area’s largest mixed-use property developers, today announced the purchase of 2201 Broadway, an eight-story 198,000-square-foot office building in Oakland, Calif. The second office acquisition in Oakland for TMG Partners, 2201 Broadway follows their acquisition of the 300,000-sqaure-foot 1330 Broadway in November of 2015.

Located in the heart of Uptown, 2201 Broadway is one of Oakland’s finest examples of art deco architecture. With numerous restaurants, art galleries, and shops in the Uptown district, over one billion dollars of new and proposed residential development is also occurring.

“We are pleased to expand our presence in Oakland,” said David Cropper, TMG Partners Director of Development. “Tenant demand from both local and global prospects is surging, with companies increasingly seeking the benefits of locating in a city with a rich urban fabric. Oakland’s Uptown is truly a mixed-use neighborhood with restaurants, retail, art and entertainment as well as housing and office space. 2201 Broadway, in addition to being blocks away from BART, benefits from its large floor plates and art deco façade. We believe it will be a standout address for technology and other office tenants.”

“This is our third investment using our discretionary separate account,” said Matt Field, TMG Partners Chief Investment Officer. “This entity allows us to move quickly and to exercise sole discretion to close on new transactions. We continue to pursue additional value-add investments with this venture.”

TMG was represented by Michael Taquino, Dan Cressman and Kyle Kovac of Newmark Cornish & Carey.