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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.

March 5, 2012

The Wall Street Journal

Zynga to Spend $228 Million on San Francisco Property

by Shayndi Raice

Social-game maker Zynga Inc. said it will pay $228 million to purchase its 670,000-square-foot San Francisco headquarters, according to a regulatory filing Monday.

Zynga, the maker of popular Facebook games like FarmVille and Mafia Wars, has approximately 1,700 employees in the city. It has ample cash from its initial public offering in December, which raised $1 billion.

Zynga began leasing its headquarters in September 2010 from the San Francisco real-estate firm TMG Partners. It renovated the offices and moved in employees in phases starting last summer.

The offices, in a trendy San Francisco neighborhood, have their own coffee shop—under a gourmet brand called Blue Bottle—that serves free freshly brewed coffee to employees all day.

Zynga's concrete 6-floor structure has a concourse and roof parking. It houses a large Winnebago in the lobby, a basketball game machine and a candy room with buckets full of snacks for employees with a sweet tooth.

The company plans to build a collaborative community space in a second, currently unused lobby that is twice the size of the current lobby, said a person familiar with the matter.

Zynga plans to close the deal in the second quarter of 2012, according to the filing. The company leases about 65% of the space right now, with the rest rented out to third parties, according to the filing. It has already deposited $25 million into an escrow account.

Zynga said it expects to incur costs related to taxes and brokerage fees that will take the total price of the deal above the $228 million.