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.
Engineering News Record
TMG Partners Follow Sustainable Plan on New $100M Samsung Campus
by Greg Aragon

As Silicon Valley grows its tenant portfolio of high-tech companies, local cities, developers and architects are preparing to meet the demand for more space and sustainable buildings. A case in point is the city of Mountain View, where San Francisco-based TMG Partners is constructing a $100-million build-to-suit research and development center for Samsung Information Systems America (SISA) Inc.

Last July, the city enacted a new general plan which allows for projects with a floor-area ratio of 1.0 to proceed if they meet certain criteria.

"You have to have a strong connection to transit, you have to be very sustainable and you have to have a lot of community benefits," says Ken Dupee, a partner with TMG. "We designed this project specifically to comply with those criteria and that's why it's been approved and we are going forward with it."

Designed by San Francisco-based Studios Architecture, the 385,000-sq-ft project includes two, six-story research and development buildings and two, five-story parking structures with 550 spaces each. The new 8.9-acre campus, to be built by Milpitas-based Devcon Construction, takes the place of four 1970s structures and is scheduled to break ground this summer.

David Sabalvaro, a principal with Studios Architecture, says this represents a new generation of developer-based projects, where instead of putting up "the simplest buildings they can, and then leasing them," TMG is trying to specifically address Mountain View's planning concepts.

He says this project is the first "high-density" building the city is allowing under its new general plan.

"This is two to three times more dense than previously approved projects in Mountain View," says Sabalvaro, who is also principal in charge of the Samsung campus. "It is taller, has less footprint and you can get more people on the site."

But higher density also comes with downsides, like more commuting and traffic around the project, Sabalvaro says. This is where sustainable features come into play.

The campus, which is shooting for LEED Platinum, will utilize sustainable features such as natural daylighting, sunshading, photovoltaic panels, high-efficient glass and a 5-zone thermodynamic heating and cooling system that reduces and eliminates reheat energy and increases system efficiency.

The project also offsets 41% of its site for park-like open spaces, is within 2,000 ft of light rail, will offer bicycle storage and changing rooms and will create a new shuttle system to and from the campus to Downtown Mountain View and the local Caltrain Station.

"There are a number of companies in Mountain View that provide shuttles to the train, but we are taking it one step further and as part of our community benefit, we are going to form a transportation management agency, which is a non-profit public benefit corporation," Dupee says.

Scheduled to complete at the end of 2014, the project is on an aggressive schedule to meet Samsung's move-in date.

"We've had to do things quite quickly," Dupee says. "We went from a letter-of-intent last spring to a finished design, with full EIR, all the approvals, and 7-0 votes in the planning commission and in City Council supporting the project, all in just 13 months."