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.
Sobrato and TMG Team Up in $91 Mil San Francisco Office Buy
RENTV.com
Sobrato and TMG Team Up in $91 Mil San Francisco Office Buy
by Allen Wolfsheimer

In a major NoCal acquisition, The Sobrato Organization, in partnership with TMG Partners, paid $91 mil for 500 Terry Francois, a six-story, 291k sf ($313/sf) Class A office property located on the waterfront in San Francisco's Mission Bay, within walking distance to AT&T Park. The building was sold by The Lionstone Group, out of Houston.

500 Terry Francois will be Sobrato's first acquisition in San Francisco and represents the first formal association between Sobrato, best known as a developer of facilities for high tech companies, and TMG, one of the region's largest developers of mixed-use properties.

The building was developed in 2008 by Lowe Enterprises and was acquired by CB Richard Ellis Investors, on behalf of their Strategic Partners U.S. IV fund, prior to completion. It features state-of-the-art conference rooms, a full-service 4k sf fitness facility and retail space -- all in a campus-like setting in the heart of a burgeoning new section of San Francisco south of the Financial District, an area considered the current hotbed for the biotech industry.

500 Terry Francois offers floorplates ranging from 32k sf - 61k sf, 10'-12' ceilings, a raised floor system for greater flexibility of workstation locations and HVAC distribution, and floor-to-ceiling windows providing dramatic views of the San Francisco skyline and Bay Bridge. In 2009, 500 Terry Francois was awarded the LEED Silver Certification for Core & Shell from the United States Green Building Council (USGBC).

Commenting on the acquisition, John M. Sobrato, CEO of The Sobrato Organization, pointed out that his company believes the trend of Silicon Valley tenants wanting to have a major presence in San Francisco will continue. "That is the primary reason we wanted to expand our holdings to San Francisco."

A Colliers International team that included Frank Wheeler, along with Tim Maas, Tony Crossley and Erik Hanson represented Lionstone in the transaction. TMG will oversee the leasing, management and advisory services for the property and has retained Donnette Clarens, Mike Brown and Jack Troedson of Cornish & Carey Commercial Newmark Knight Frank to handle the marketing assignment. They tell us that 500 Terry Francois represents a rare opportunity for a single tenant to lease a large block of premium space in the city.

The Sobrato Organization has developed many of Silicon Valley's largest campuses, such as Apple's 856k sf HQ in Cupertino, Nvidia's 500k sf HQ in Santa Clara, and Siebel System's 450k sf former HQ in San Mateo, now occupied by Oracle.

TMG has developed more than 18 msf of property throughout the San Francisco Bay Area, including Emeryville, Marin City, Novato, Palo Alto, San Bruno, San Jose and San Francisco. The company earlier purchased 208 Utah from Lionstone in the fourth quarter of 2010.