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.

2021

TMG Partners
TMG Partners Closes $220 Million Separate Account for $625 Million of New Investments
by TMG Partners
Fund to Target Office, R&D, Life Science, Residential, and Mixed-Use
Read More
San Francisco Business Times
It's official — Twitter's Oakland expansion is a done deal
by Laura Waxmann
TMG Partners and KKR announced the execution of a lease transaction under which Twitter will lease 66,000 square feet on four full floors at 1330 Broadway in Downtown Oakland, C
Read More
Real Estate Business
TMG Partners, Goldman Sachs Acquire 445,967 SF Office Campus in Mountain View, California
by Amy Works
MOUNTAIN VIEW, CALIF. — TMG Partners and the real estate business within Goldman Sachs Asset Management have purchased an office campus located at 350-380 Ellis St. in Mountain View.
Read More
Globe Street
Denise Pinkston Honored as a GlobeSt.com 2021 Woman of Influence
by Natalie Dolce
GlobeSt.com and GlobeSt. Real Estate Forum recently revealed their top picks for 2021 Woman of Influence professionals in the category of development professional.
Read More
San Francisco Business Times
Real Estate Deals: 6x6 deal gives mid-Market a taste of Sweden
by Alex Barrera
The long-vacant retail center sees new life thanks to Ikea. 
Read More
San Francisco Business Times
Real Estate Deals: 510 Townsend, 505 Brannan sale
by Adriana Morga
The sale was a bright spot in a pandemic-induced down year for the San Francisco office market. 
Read More
San Francisco Business Times
TMG's Big Oakland Victory
by Laura Waxmann
How the developer landed 300 Lakeside and the PG&E HQ
Read More
San Francisco Business Times
Real Estate Deals: How TMG's Matt Field pulled off three of 2020's biggest deals
by Laura Waxmann
It wasn't easy, he says. His boss says the president of TMG takes everything he does to extremes.
Read More
The Registry
Sliver Pizzeria Takes 3,500 SQFT at Fremont’s TMG & Sares Regis Capitol Square Development
by The Registry
Anchor Lease Adding to RawASF Signals Retail Rebound at Joint Venture Development of TMG Partners and Sares Regis.
Read More
Silicon Valley Business Journal
Boston Properties puts two Bay Area office projects on hold amid uncertainty over demand
by Matthew Niksa
TMG Partners and Valley Oak Partners — which sold the Platform 16 site to Boston Properties and the CPPIB for nearly $135 million last February — are assisting in the project's development. 
Read More

2020

San Francisco Business Times
TMG Partners acquires future Oakland PG&E headquarters
by Laura Waxmann
San Francisco developer TMG Partners announced Friday that it has closed on the building that will become PG&E's new Oakland headquarters at 300 Lakeside Drive.
Read More
Multi-Housing News
Top 10 Multifamily Projects Under Construction in the Bay Area
by Lucia Morosanu
California was one of the first states to impose stay-at-home orders and social distancing rules on construction sites, forcing developers to push back completion dates.
Read More
The New York Times
IKEA's Shopping Centers Arm Buys San Francisco Mall in Its First US Real Estate Deal
by Reuters
STOCKHOLM — IKEA's shopping centers business has made its first U.S real estate acquisition, buying the 6X6 mall in San Francisco, after telling Reuters in May it was engaged in several negotiation
Read More
San Francisco Business Times
TMG Partners Recognized as a Top Bay Area Corporate Philanthropist
by Ahalya Srikant
This List includes for-profit companies and nonprofit health care organizations that made contributions to Bay Area-based charitable organizations in the following counties: Alameda, Contra Costa,
Read More
Bisnow
PG&E Leaves San Francisco After 115 Years
by Dean Boerner
Utility company Pacific Gas & Electric will end a century-plus run in San Francisco by moving across the Bay to Oakland.
Read More
Globe Street
California's Laws Tackle the Housing Crisis
by Lisa Brown
In 2017, California legalized the conversion of existing buildings on single-family lots to ADUs and on January 1, 2020, the law expanded to allow every single-family homeowner to add both an
Read More
Commercial Property Executive
Top 10 LEED-Certified Buildings in California in 2019
By Anca Gagiuc
A roundup of noteworthy LEED Platinum-certified projects in the Bay Area.
Read More
The Registry
TMG Partners Featured in The Registry's Q Magazine
by The Registry
TMG Partners and Michael Covarrubias were recently featured in the quarterly edition of The Registry's Q Magazine.
Read More
The Registry
California Already Created the Tools for Us to Tackle the Housing Crisis
by Denise Pinkston
Spread the Word: California Already Created the Tools for Us to Tackle the Housing Crisis Right at Home. Let’s Start Using Them. 
Read More
Silicon Valley Business Journal
Developer TMG Partners buys 7-building office campus in Santa
by Matthew Niksa
San Francisco-based developer TMG Partners on Thursday said that it had closed on the purchase of The Quad, a seven-building office campus in Santa Clara.
Read More

2021

TMG PARTNERS AND KKR SIGN LEASE WITH FIVETRAN FOR 80,000 SQUARE FEET AT 1221 BROADWAY
Read More

2020

TMG Partners to Enter into Lease with Purchase Option for new PG&E Headquarters in Oakland
Read More

2019

TMG Partners Announces Next Generation Office Tower to Rise in Uptown Oakland
Read More
TMG Partners Announces Matt Field Promoted to President
Read More
TMG Partners and Invesco Real Estate Acquire 600 Battery Street in San Francisco
Read More
TMG Partners Wins Unanimous Approval to Develop 750,000-SF Creative Office in Uptown Oakland
Read More

2018

TMG Partners and Grosvenor Americas to Redevelop CPMC Presidio Heights Campus
Read More
TMG Partners and KKR Acquire 1221 City Center in Downtown Oakland
Read More
TMG Partners Leases 68,000 Square Feet To WeWork At 2201 Broadway in Oakland
Read More

2023

San Francisco Business Times
600 Battery Street Wins San Francisco Business Times 2023 Real Estate Deals of the Year Award
Read More
NAIOP
600 Battery Street Wins NAIOP Best of the Bay Award!
Read More

2020

San Francisco Business Times
TMG Partners Recognized as a Top Bay Area Corporate Philanthropist
Read More

2019

San Francisco Business Times
TMG COO Lynn Tolin Named Most Influential Woman in Bay Area Business
Read More
Bisnow
Lynn Tolin Recognized as Bay Area Power Woman
Read More
San Francisco Business Times
Lifetime Achievement: TMG Partners’ CEO doesn’t shy from complex deals and hard-to-solve problems
Read More
San Francisco Business Times
Real Estate Deals of the Year: WeWork Lease in Oakland
Read More

2018

Jobs and Housing Coalition
Denise Pinkston Honored with 2018 Legacy Event Award
Read More
San Francisco Business Times
Real Estate Deals of the Year: 1330 Broadway Leases and Renovation
Read More
San Francisco Business Times
Real Estate Deals of the Year: Tennis Club Land Sale
Read More

2017

San Francisco Business Times
Meet the Bay Area's top 10 developers in 2017: #9 - TMG Partners
Read More
San Francisco Business Times
TMG Partners Earns SFBT Corporate Philanthropy Award
Read More

2016

San Francisco Business Times
Most Influential Women in Bay Area Business, Denise Pinkston
Read More
San Francisco Business Times
Superlative: First and Mission Land Sale
Read More

2013

San Francisco Business Times
See the Bay Area Real Estate Deals of the Year 2013 winners
Read More
San Francisco Business Times Real Estate Deals of the Year
Winner — Office Sale/San Francisco: 1275 Market Street
Read More
San Francisco Business Times Real Estate Deals of the Year
Winner — Retail/Lease or Sale: Emeryville Public Market
Read More
San Francisco Business Times Real Estate Deals of the Year
Finalist — Office Sale/San Francisco: 680 Folsom Street
Read More

2012

San Francisco Business Times Real Estate Deals of the Year
Finalist / Best Bargain: Alcion Bayside
Read More
San Francisco Business Times Real Estate Deals of the Year
Winner Best Office Sale, San Francisco: 155 Fifth St.
Read More
San Francisco Business Times Book of Lists
Largest Office Leases in the Bay Area — TMG Partners is #1
Read More

2011

Certificate of Special Congressional Recognition
Honoring TMG Partners for receiving the Emeryville Chamber of Commerce Vision Award
Read More

2010

California Department of Housing and Community Development
The California Department of Housing and Community Development Honors Emeryville Market Place, and Bay Front Transit Village as California Catalyst Communities and Models for Sustainability
Read More
StopWaste.org
TMG Partners' Emeryville Public Market Awarded a 2010 Stop Waste Efficiency Award
Read More
California Department of Housing and Community Development
Emeryville Marketplace: California Catalyst Community
Read More

2009

San Francisco Business Times Book of Lists
Largest Commercial Developers in the Bay Area — TMG Partners is #1
Read More
Green Building Certification Institute
Sean Donnelly, Project Manager with TMG Partners, is awarded LEED Accredited Professional status
Read More

2008

San Francisco Business Times Real Estate Deals
Finalist — 650 Townsend
Read More
San Francisco Business Times Book of Lists
Largest Commercial Developers in the Bay Area — TMG Partners is #1
Read More

2007

San Francisco Business Times Book of Lists
Largest Commercial Developers in the Bay Area — TMG Partners is #1
Read More
Rentv.com
East Bay project awarded Green Business Certification
Read More
PG&E and Alameda County Environmental Health Services
Emerville Public Market certified green
Read More

2006

Silicon Valley Business Journal Book of Lists
“Bay Area Commercial Developers” – TMG ranked #1
Read More
San Francisco Business Times Book of Lists
Most Active Commercial Developers in the Bay Area
Read More
San Francisco Business Times Book of Lists
Most Active Commercial Developers in the Bay Area
Read More
California’s Leading Commercial Developers — Real Estate Resource
TMG Partners Ranked 5th as California Real Estate Developers
Read More

2005

San Francisco Business Times Book of Lists
Largest Commercial Developers in the Bay Area — TMG ranked #1
Read More

2004

San Francisco Business Times Book of Lists
Most Active Commercial Developers in the Bay Area
Read More

2003

San Francisco Business Times Real Estate Deals
Finalist, Office Lease Suburban — US Treasury Department Atrium Building, Emeryville
Read More
San Francisco Business Times Real Estate Deals
Finalist, Mixed-Use San Francisco/Peninsula — The Crossing, San Bruno
Read More

2002

San Francisco Business Times Book of Lists
Largest Commercial Developers in the Bay Area
Read More

2001

San Francisco Business Times Book of Lists
Largest Commercial Developers in the Bay Area
Read More

2000

Urban Land Institute
Gold Nugget Award — Emeryville Lofts
Read More
San Francisco Business Times
Winner Downtown Office Development — One Market
Read More

1999

San Francisco Business Times
Downtown Office Development Deal of the Year — The Landmark at One Market
Read More

1998

San Francisco Business Times
Winner, Mixed Use Deal of the Year — Hamilton Field
Read More
San Francisco Business Times
Finalist, Rehab Deal of the Year — Mid Point Technology Park
Read More

1997

San Francisco Business Times Book of Lists
Largest Commercial Developers in the Bay Area — TMG ranked #2
Read More