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.
The Mercury News
Tech mega-campus getting underway in downtown San Jose
by George Avalos

Platform 16 office complex site being cleared for construction start this year

 

SAN JOSE — A tech mega-campus has entered its early stages of construction, now that equipment has begun to bulldoze some old buildings and clear the site for a development start by no later than this fall.

Known as Platform 16, the tech campus that’s planned near the corner of Autumn Parkway and West Julian Street in downtown San Jose would total 1.1 million square feet of offices and represent a striking new addition to the Diridon Station and SAP Center area.

Construction equipment and piles of debris and rubble were visible this week and last at the site, which is bounded by Autumn Parkway, West Julian Street, North Autumn Street, and a railroad line.

Among the potential amenities: Platform 16 is just south of a Target store that’s part of the bustling San Jose Market Center, and is within walking distance of San Pedro Square and Little Italy.

The property also is on the edge of neighborhoods where Google has collected numerous properties for a future transit-oriented development near the Diridon train station and SAP Center.

The developers of the site are a veteran group of realty firms: Boston Properties, TMG Partners, and Valley Oak Partners. CBRE brokers Sherman Chan, Mark Schmidt, Mike Charters, and Will Schmidt are seeking tenants for the site.

As many as 7,000 people could work at the new tech campus, once all three buildings in the development are complete, according to CBRE, a commercial real estate firm.

“We’ve begun demolition of the old obsolete buildings and are prepping the site for construction in late summer or early fall,” said Chan, a senior vice president with CBRE.

In what appears to be an effort to make the development pedestrian friendly and to integrate the complex with the nearby neighborhoods, two interior courtyards will be connected by walkways to adjacent streets. Potentially, that could give the campus a less isolated feel. 

The project developers and CBRE brokers also noted the buildings themselves will feature a series of terraces as a way to make the complex more attractive to potential tenants.

“The 16 outdoor terraces, integrated with every level of the buildings, provide unobstructed views out and allow daylight into the building courtyards and interiors of the large open floor plates,” according to a CBRE web site for the Platform 16 complex.