Skip to Main Content

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.

July 26, 2019

San Francisco Business Times

Women who lead in commercial real estate: TMG's Denise Pinkston

by Christine Kilpatrick

Denise Pinkston, a partner with San Francisco-based developer TMG Partners, sees Oakland as next year's hottest development market.

What current project are you most excited about and why? The Oakland Planning Commission approved our major Oakland office project, 2201 Valley Street, a building located in the Oakland uptown area, featuring local arts installations and gallery/performance spaces. This project celebrates the best of the Bay — in walking distance from direct BART connections to the entire East Bay, San Francisco and soon San Jose.

I am also excited to continue to advance the California housing policy conversation to produce, preserve and protect more homes and accessory dwelling units in order to stem the alarming increase in homelessness.

Do you see TMG focusing more on ground-up office developments or doing more mixed-use projects in the near future? TMG is doing both ground-up and renovation projects, and has always focused on mixed-use projects near transit. We respond to the unique conditions of each local market and site demands.

Which East Bay market do you think will be hottest in the latter half of 2019 and into 2020? Downtown Oakland has seen a remarkable influx of finance, development activity, thousands of units of housing, and new ground-up office development.

What kind of presence does TMG plan on having in the South Bay going forward? TMG has been deeply involved in Silicon Valley since our inception and we are significantly increasing our presence in the South Bay. We have projects throughout the region, including our 1,000,000-plus-square-foot Platform 16 project at Diridon Station. We have also hired a new regional partner, Ben Kochalski, to further cover the region for us.