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.
TMG to overhaul Emeryville project
San Francisco Business Times
TMG to overhaul Emeryville project
by Blanca Torres

TMG Partners is renovating about 60,000 square feet of the Public Market in Emeryville to prepare for a major overhaul of the existing 14-acre retail and office complex into a pedestrian-oriented neighborhood.

The 200,000-square-foot Public Market, at 5959 Shellmound St., is known for its international food court, but also includes office space, a movie theater and other retail space.

"The location has meaning to people because it is a unique destination in Emeryville," said Denise Pinkston, a TMG partner.

"We are dialing down the aspects of the center that feel like the 1980s to make it feel more like a neighborhood and make it feel like a unique place."

TMG's broader project will involve refurbishing and constructing about 1.5 million square feet of office, retail and residential space.

The first component of the new space is a 190-unit, five-story apartment building at 64th Street and Christie Avenue that TMG expects to start later this year.

The developer began construction work this month that involves redesigning the food court, changing signage, improving the landscaping, realigning entryways and reformatting some of the retail spaces, including a 30,000-square-foot spot formerly occupied by Borders Books & Music.

The developer recently signed an 18,000-square-foot lease with Guitar Center to occupy part of that space and leases for the remaining space are in the works, said Craig Semmelmeyer, a broker with Main Street PropertiesbizWatch who represented TMG in the lease and is working on the re-branding efforts. The food court, with 18 food stalls, is already a popular dining destination for nearby office workers. The redesign will add two to four new stalls, Semmelmeyer said, and the landlord is looking at mixing up the offerings.

"We would like to capture what's happening with the microfood phenomenon," he said. "The stall is somewhere between the food truck and full-fledged restaurant, and a lot of people are interested in that."

Emeryville's Public Market was modeled after large public markets typically housed in industrial or warehouse type buildings, so the re-branding effort will take from those origins as well as bring a new modern flair to the project.

"We are improving the public market today so that it can be the focal point for the future development," Semmelmeyer said.

"We would like to capture what's happening with the microfood phenomenon," he said. "The stall is somewhere between the food truck and full-fledged restaurant, and a lot of people are interested in that."

Emeryville's Public Market was modeled after large public markets typically housed in industrial or warehouse type buildings, so the re-branding effort will take from those origins as well as bring a new modern flair to the project.

"We are improving the public market today so that it can be the focal point for the future development," Semmelmeyer said.