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 Partners Breaks Ground on Samsung R&D Institute America Campus
Press Release
TMG Partners Breaks Ground on Samsung R&D Institute America Campus
First LEED Platinum Office Campus in Mountain View

SAN FRANCISCO, (October 16, 2013) - TMG Partners, one of the San Francisco Bay Area’s largest mixed-use property developers, today breaks ground on the headquarters for tenant Samsung R&D Institute America, a Samsung Electronics U.S. R&D Institute (SRA). The campus is the first LEED Platinum office campus in Mountain View, and one of only a handful of projects in the Silicon Valley to seek this highest rating from the U.S. Green Building Council. The groundbreaking ceremony to celebrate the start of this landmark project takes place at 665 Clyde Avenue at 10:30 a.m. 

“What we will deliver for our tenant Samsung R&D Institute America is cutting-edge environmental sustainability for their headquarters,” said Michael Covarrubias, chairman and CEO of TMG Partners, “This environment will be the best and highest complement to the state-of-the-art research and development conducted by Samsung.”

The 385,000 square foot Samsung campus includes two six-story buildings and two five- and six-level photovoltaic covered parking structures. The buildings’ core and shell design are LEED Platinum and the interior tenant improvements will be LEED Gold.

John Inks, the Mayor of Mountain View welcomes Samsung to the City: “The City of Mountain View is proud to be the home to a number of world’s technology companies, including Samsung.  We are pleased to welcome their new headquarters campus to Mountain View.  The Samsung campus will be the first LEED Platinum campus constructed in Mountain View and will set a high standard of sustainability.”

“We are pleased to be partnering with TMG to bring our research and development organization to the city of Mountain View,” said Daniel Eum, President of SRA.  “Our new state-of-the-art R&D institute will provide an outstanding environment to support our plans for strategic growth and attracting the very best employees.  This expansion, in addition to Samsung Semiconductor Inc.’s (SSI) new San Jose campus, builds upon Samsung’s 35 year history in the Bay Area and reinforces our commitment to the valley.”

The design will utilize sustainable features such as natural day-lighting, sun-shading, photovoltaic panels, high-efficiency glass and a five-zone thermodynamic heating and cooling system that reduces and eliminates re-heat energy and increases system efficiency.  The project provides for up to a 20% reduction in auto trips; a reduction of water use by up to 30%; allocating up to 49% of site area for park-like open space; reducing waste by up to 50%; and using less overall energy than the 118,000 square foot, four-building industrial campus that previously occupied the site.  The site is within 2,000 feet of the VTA light rail and will offer bicycle storage, an onsite bike fleet and changing rooms.  The project is founding a non-profit privately funded Transportation Management Association to run the project shuttle system to and from the campus to Downtown Mountain View.

"There are a number of companies in Mountain View that provide shuttles to the train, but we are taking it one step further,” said TMG Partners project manager, Ken Dupee.  “As part of our community benefit, we are forming a Transportation Management Association with other Mountain View employers, a non-profit public benefit corporation to address traffic issues in Mountain View.”

The design and construction team includes Studios Architecture as lead project architect, The Guzzardo Partnership as landscape designer, and Devcon Construction as general contractor.