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 names Matt Concannon partner
Multihousing Pro
TMG Partners names Matt Concannon partner
by Editors

TMG Partners (TMG), one of the Bay Area’s largest mixed-use property developers, today announces Matt Concannon has joined the firm as Partner.

“Matt will immediately be involved in our complex developments, particularly utilizing his construction experience,” said TMG Partners Chairman and CEO Michael Covarrubias. “His strengths in understanding the local entitlement nuances of San Francisco, Oakland, and the South Bay align directly with TMG’s ongoing strategy for growth across the Bay Area Region.”

Matt was most recently Vice President, LEED AP, with Project Management Advisors (PMA) where he honed his real estate experience of more than 15 years in development, entitlements, design, construction, and financial analysis on a portfolio of projects totaling more than $4 billion.

At PMA, he drove business operations, corporate governance, and business development. Relationship-driven, he navigated institutional investors and a large healthcare REIT, and his experience includes delivering projects ranging from ground-up campus developments to complex urban highrise properties. He has also managed tenant improvement, redevelopment, and capital improvement projects across industrial, office, retail and multifamily.

Prior to PMA, Matt was a Project Manager at Jones Lang LaSalle, and before that was a Financial Analyst with Standard Pacific, a Lennar Corporation. He began his career at CBRE, and is a member of ULI, SPUR, CoreNet, the Real Estate Investment society, and Pacific Twelve Conference. Matt holds a Bachelor of Science in Business Administration with a concentration in Real Estate from San Diego State University.

TMG Partners has been active for over 35 years with more than 70 development projects in the Bay Area Region, including a strong footprint in the South Bay. Of note, TMG is developing the one-million-square-foot Platform 16 office project near Diridon Station in Downtown San Jose in a venture with Boston Properties. Most recently, the firm launched leasing efforts for Telegraph Tower, a fully-entitled, next generation office development at 2200 Telegraph Avenue, which is at the corner of Telegraph and West Grand Avenues in the heart of the Oakland’s Uptown neighborhood. Groundbreaking for the tower is slated for mid-2020.