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.
Urban Land Institute
Urban Land Institute Names 2015 Global Awards for Excellence Winners
by Martin Schell

SAN FRANCISCO (October 6, 2015)—Ten real estate developments have been selected as winners of the 2015 Urban Land Institute (ULI) Global Awards for Excellence, widely recognized as one of the land use industry’s most prestigious award programs. This year’s winners—five in North America, three in Europe, and two in Asia—were honored today at the ULI Fall Meeting in San Francisco.

The awards competition, now in its 37th year, recognizes real estate projects that achieve a high standard of excellence in design, construction, economics, planning, and management. The program, open to all and not limited to ULI members, is viewed as the centerpiece of ULI’s efforts to identify and promote best practices in all types of real estate development.

“Each of this year’s finalists and winners demonstrate how innovation and design intersect with development performance,” said jury chair Michael Covarrubias, chairman and chief executive officer of TMG Partners in San Francisco, California. “The diversity of these projects is a reflection of the land use industry’s interdisciplinary nature, illustrating the variety of ways to stabilize a neighborhood, improve the streetscape, and create meaningful experiences for communities worldwide.”

The winners (developers and designers in parentheses) are:

§  12th Avenue Arts, Seattle, Washington, United States (Developer: Capitol Hill Housing; Designer: SMR Architects)

§  Beaugrenelle, Paris, Ile de France, France (Developers: APSYS, SemPariSeine; Designer: Valode & Pistre Architects)

§  City Market at O, Washington DC, United States (Developer: Roadside Development; Designer: Shalom Baranes Associates et al)

§  Denver Union Station, Denver, Colorado, United States (Developer: Union Station Neighborhood Company (an equal partnership between East West Partners and Continuum Partners), Trammell Crow Company, and Union Station Alliance; Designer: AECOM, Skidmore, Owings & Merrill, and Hargreaves Associates)

§  Devon Energy Center, Oklahoma City, Oklahoma, United States (Developer: Devon World Headquarters LLC; Designer: Pickard Chilton)

§  Jing An Kerry Centre, Puxi District, Shanghai, China (Developer: Kerry Properties; Designer: Kohn Pedersen Fox Associates)

§  King’s Cross Station, London, United Kingdom (Developer: Network Rail; Designers: McAslan & Partners)

§  Sino-Ocean Taikoo Li Chengdu, Chengdu, Sichuan Province, China (Developer: Swire Properties & Sino-Ocean Land; Designer: The Oval partnership Ltd)

§  St. Joseph’s Campus, Oakland, California, United States (Developer: BRIDGE Housing Corporation; Designer: Van Meter Williams Pollack LLP)

§  Swedbank Headquarters, Sundbyberg, Stockholm, Sweden (Developer: Humlegården Fastigheter AB; Designer: 3XN)

The Awards for Excellence program is based on ULI’s guiding principle that the achievement of excellence in land use practice should be recognized and rewarded. ULI’s Global Awards for Excellence recognize the full development process of a project, not just its architecture or design. The criteria for the awards include leadership, contribution to the community, innovations, public/private partnerships, environmental protection and enhancement, response to societal needs, and financial viability. Throughout the program’s history, all types of projects have been recognized for their excellence, including office, residential, recreational, urban/mixed use, industrial/office park, commercial/retail, new community, rehabilitation, and public projects and programs.

In addition to jury chairman Covarrubias, other 2015 awards jury members include: jury vice chair M. Leanne Lachman, president, Lachman Associates, New York, New York; Terrall Vern Budge, principal, Loci, Salt Lake City, Utah; Dr. Sujata S. Govada, managing director, UDP International, Wan Chai, Hong Kong; Jason Hellendrung, principal, Sasaki Associates, Watertown, Massachusetts; Sophie Henley-Price, managing director, STUDIOS, Paris, France; Lance K. Josal, chief executive officer, Callison RTKL, Dallas, Texas; Jeff Kingsbury, managing principal, Greenstreet Ltd., Indianapolis, Indiana; Jacinta McCann, executive vice president, AECOM, San Francisco, California; Steve Navarro, executive vice president, CBRE, Greenville, South Carolina; and Trini M. Rodriguez, principal, ParkerRodriguez Inc., Alexandria, Virginia.