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.

Developer Adds Nicole Diggs as Managing Director, Asset Management; Parker Larson and Russell Cooper Join as Partner 

TMG Partners
TMG PARTNERS EXPANDS SENIOR TEAM

Developer Adds Nicole Diggs as Managing Director, Asset Management; Parker Larson and Russell Cooper Join as Partner 

SAN FRANCISCO (April 13, 2026) –TMG Partners, one of the San Francisco Bay Area’s largest mixed-use property developers, today announced the expansion of the senior team to include Nicole Diggs to Managing Director in Asset Management, as well as Parker Larson and Russell Cooper as Partner. 

Nicole “Nickie” Diggs will lead strategic oversight, financial planning, leasing, risk management and long-term value optimization as the Managing Director of Asset Management. Her strong track record includes having managed a portfolio of more than five million square feet at a value of more than $2.5 billion at PGIM, as well as experience at PCCP and development at Wareham Development. 

With the acceleration in investment across the Bay Area – most notably in property renovations or full reimaginings driven by evolving R&D and office requirements and the transformation of retail into experiential, mixed-use environments – TMG is strategically adding to our team to address these demands in our expanded portfolio,” said Ben Kochalski, President and CIO of TMG Partners. “Nickie will be critical to leading the seamless strategic asset management of TMG properties, as well as those we manage for our joint venture partners. Concurrently, Parker and Russ each bring decades of experience in investment and development across a broad swath of property types and challenges that aligns with our short- and long-term strategy.”  

Parker Larson joins TMG as Partner and will focus on relationship development, entitlement and construction coordination, and acquisitions and repositioning efforts. Prior to TMG, he held leadership positions at Trammell Crow Company and Southern Land Company, where he helped source, capitalize, develop, and lease over $1 billion of industrial, multifamily, and office projects, including a multi-year, 50+ acre assemblage effort in Silicon Valley that yielded over 15 million square feet of entitlements.

Also joining as Partner, Russell “Russ” Cooper will focus on acquisitions and development in the Bay Area, executing on skills honed over more than 20 years of experience in real estate. Most recently, he was with Spear Street Capital, leveraging extensive relationships with brokers, lenders, and market participants across the Western United States. Prior to that, Russ held roles with Shorenstein, Eastdil and Hines. 

About TMG Partners

TMG Partners, founded in 1984 and headquartered in San Francisco, is one of the Bay Area’s largest and most active mixed-use property development and management companies. TMG has more than 33 million square feet across every major city in the Region, including Oakland, San Francisco, Marin, and San Jose. The $6.8B portfolio includes a broad spectrum of office, retail, residential, and industrial properties, ranging from office campus and multi-story properties in urban-infill locations to mixed-use and single-story suburban buildings. Throughout its four decades of leadership in civic organizations, TMG has invested in the Bay Area’s growth and cyclical reinvention across housing, office, and retail. For detailed information, visit TMG Partners.