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”.

2020

San Francisco Business Times
Central South of Market is in transition, moving out of its industrial past to a sustainable, transit-oriented neighborhood.
San Francisco Business Times
The San Francisco Planning Commission on Thursday unanimously approved the redevelopment of the five-acre California Pacific Medical Center campus at 3700 California St.
Globe Street
Telegraph Tower, developed by TMG Partners and endorsed by mayor Libby Schaaf as a key element of Uptown Oakland's development, provides 875,000 square feet of next-generation office space.
Curbed
SF developer wants a piece of Silicon Valley in The Town
Fram3
OAKLAND, CALIFORNIA – Long overshadowed by the glimmer of multi-faceted San Francisco, Oakland is rightfully coming into its own as a major cultural destination in northe
Urban Land
In the past three years, the California Legislature has passed more than a dozen housing reforms addressing a swath of issues, including tenant protections, rent gouging, production of accessory dw
Silicon Valley Business Journal
One of the biggest projects set to break ground in downtown San Jose this year will be Platform 16.

2019

Multihousing Pro
TMG Partners (TMG), one of the Bay Area’s largest mixed-use property developers, and i
San Francisco Business Times
Sometime next summer, TMG Partners plans to start construction on a 27-story, 875,000-squ
ABC 7
FREMONT, Calif. (KGO) -- It is one of the largest cities in the Bay Area, but it has no downtown business district.
Commonwealth Club
On October 8, California Governor Gavin Newsom signed into law the nation’s most far-reaching bills, which are designed to prevent homelessness, protect tenants from being evicted and make it
Multihousing Pro
TMG Partners (TMG), one of the Bay Area’s largest mixed-use property developers, today announces Matt Concannon has joined the firm as Partner.
San Francisco Business Times
San Francisco's TMG Partners has secured a $220 million injection of cash from an institu
San Francisco Business Times
TMG Partners is putting space in an unbuilt office tower in Oakland on the market for lease. 
Bisnow
The project that hauled in San Francisco's largest office lease so far this year now has approvals.
San Francisco Business Times
Denise Pinkston, a partner with San Francisco-based developer TMG Partners, sees Oakland as next year's hottest development market.
The Mercury News
Platform 16 office complex site being cleared for construction start this year
San Francisco Business Times
This List includes office leases signed from Jan. 1, 2018 through Dec. 31, 2018, in Oakland. Leases are ranked by square feet leased.
San Francisco Business Times
Developer TMG Partners has promoted top executive Matt Field to president.
San Francisco Business Times
Michael Covarrubias likes to say that he got into real estate “by accident,” at the urging of a co

2018

TMG Partners Sells 1330 Broadway in Downtown Oakland to KKR
TMG Partners and Valley Oak Partners Secure Entitlements for Platform 16 Office Campus in San Jose

2023

2020

2019

2018

2017

2016

2013

San Francisco Business Times Real Estate Deals of the Year
San Francisco Business Times Real Estate Deals of the Year
San Francisco Business Times Real Estate Deals of the Year

2012

San Francisco Business Times Real Estate Deals of the Year
San Francisco Business Times Real Estate Deals of the Year

2011

2010

California Department of Housing and Community Development

2009

2008

San Francisco Business Times Real Estate Deals

2007

PG&E and Alameda County Environmental Health Services

2006

Silicon Valley Business Journal Book of Lists
San Francisco Business Times Book of Lists
San Francisco Business Times Book of Lists
California’s Leading Commercial Developers — Real Estate Resource

2005

2004

San Francisco Business Times Book of Lists

2003

2002

San Francisco Business Times Book of Lists

2001

San Francisco Business Times Book of Lists

2000

1999

1998

1997