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”.

2017

TMG Partners
As part of TMG's ongoing philanthropic commitment to the Bay Area, the company has announced a volunteer partnership with the nonprofit organization GLIDE, in San Francisco's Tenderloi
The Registry
The San Francisco Planning Department has provided a Preliminary Project Assessment (PPA) letter containing feedback to the $300 million hospital building-to-housing community project proposed by t
San Francisco Business Times
Global consulting firm Arup plans to open its first Oakland office as more multinational companies look to expand in the East Bay.
The Mercury News
SAN JOSE — Google’s ambition to build an enormous San Jose village of tech offices is becoming a magnet for more planned development: Two realty firms said Friday they have proposed a m
San Francisco Business Times
OAKLAND — Oracle has signed a lease in downtown Oakland that enables the tech giant to expand its offices in the East Bay city and bolster its recruiting efforts, developers and brokers said

2016

San Francisco Business Times
Covarrubias joined TMG Partners in 1988 and took the helm in 1995.
Commercial Property Executive
Following the purchase of the 1330 Broadway office building at the end of
Press Release
TMG Partners, one of the San Francisco Bay Area’s largest mixed-use property developers, and Fortress Investment Group, a highly diversified global investment firm with $72 billion in assets
San Francisco Business Times
Developers plan to break ground next week on the S
Multi-Housing News
Bay area mixed-use property developer TMG Partners has announced the sale of 250 West Tasman Drive, a 99,550-square-foot building at Champion Station.
Globe St
SAN FRANCISCO—A revised preliminary proje
Urban Land Institute
WASHINGTON (March 17, 2016) – The Urban Land Institute (ULI), one of the world’s leading authorities on land use and urban planning, appointed a group of 15 nationally rec
Bay Area Council Weekly Flash
On Wednesday (March 9) Bay Area Council Senior Vice President Matt Regan championed the benefits of second or accessory dwelling units (ADUs) to the Senate Committee on Transportation and Housing a

2015

Bay Area Council Weekly Flash
Salesforce Chairman and CEO Marc Benioff and Duty Free Shoppers Group Founder Chuck Feeney were the guests of honor at the Bay Area Council’s 70th Anniversary Annual Dinner and 2015 Bay Area
Business Wire
Exclusive Placement Agent Park Madison Partners Sources Discretionary Capital from Large International Institution
Urban Land Institute
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
Globe St
The frenzied pace of San Francisco’s commercial real estate market doesn’t show any signs of cooling off anytime soon.

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