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.
Press Release
TMG PARTNERS AND KKR SIGN LEASE WITH FIVETRAN FOR 80,000 SQUARE FEET AT 1221 BROADWAY
TMG Partners

Oakland (May 28, 2021) –TMG Partners, one of the Bay Area’s largest mixed-use property developers, and KKR announced today the execution of a lease transaction for 80,000 square feet with Fivetran, Inc, a fast-growing automated data integration company at 1221 Broadway in Downtown Oakland.

“As the leasing markets re-emerge from a year dominated by Covid-19 concerns, the Oakland office market has maintained strong tenant demand from companies both growing their footprint in Oakland and looking to move to Oakland for its strong workforce, plentiful diningand entertainment options, as well as housing options,” said TMG’s Director of Development David Cropper. “Together with KKR, we are proud to welcome this pioneering company to 1221 Broadway as we complete a significant renovation.”

The project is a 24-story, 535,000-square-foot office building and is located at the intersection of Broadway and 12th Street. TMG is simultaneously undertaking a significant renovation, including the lobby, elevators, and common areas together with the addition of a fitness center and bike barn. With the Fivetran lease, 1221 Broadway is 90% leased with existing tenants, including Clorox, Union Bank, Wells Fargo Bank, and Parsons Brinkerhoff.

“We are excited to return to the office after over a year of working from home. We conducted an internal employee survey, as well as focus groups, to understand if and how employees wanted to come back to the office, and we designed a new office to support the hybrid model that our team told us they wanted,” said George Fraser, Fivetran CEO. “Our new office will be another employee benefit that makes Fivetran a great place to work and grow your career.”

The building has previously achieved a LEED Platinum rating by the US Green Building Council and features panoramic Oakland skyline and Bay views, onsite retail amenities, and ample parking, as well as bike lockers and showers. 

TMG and KKR were represented by CBRE’s Scott Greenwood and Trent Holsman. Fivetran was represented by CBRE’s Daniel Bisabri and Raise’s Blake Stanley. Kyla Brennan, EVP and Head of Project Management from Raise will also act as Fivetran’s construction Project Manager.

About TMG Partners

TMG Partners, founded in 1984 and headquartered in San Francisco, is a full-service real estate development and management company. One of the most active developers in the Bay Area Region, TMG has a portfolio of more than 30 million square feet across Oakland, San Francisco, San Jose, and other Bay Area cities that includes a variety of office, retail, residential, and industrial properties, ranging from office campus and multi-story properties in urban-infilllocations to mixed-use and single-story suburban buildings. For detailed information, visit TMG Partners.

About KKR

KKR is a leading global investment firm that offers alternative asset management and capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of The Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR’s website at www.kkr.com and on Twitter @KKR_Co.

About Fivetran

Fivetran, the leader in automated data integration, delivers ready-to-use connectors that automatically adapt as schemas and APIs change, ensuring consistent, reliable access to data. Fivetran improves the accuracy of data-driven decisions by continuously synchronizing data from source applications to any destination, allowing analysts to work with the freshest possible data. To accelerate analytics, Fivetran automates in-warehouse transformations and programmatically manages ready-to-query schemas. Fivetran is headquartered in Oakland, California, with offices around the globe. For more information, visit fivetran.com.

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