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

Portfolio.

San Jose

1.1 million sq. ft. Office

Platform 16

Downtown San Jose 1.1 million square foot office development

TMG Partners, in a venture with Valley Oak Partners, a San Jose-based real estate investment firm, purchased a 5.43 acre land assemblage located within the Diridon Station Area Plan in Downtown San Jose. TMG, as manager of the venture, planned and secured the entitlement approvals from the City to develop just over one million square feet of Class A commercial office. Following the purchase and entitlement approvals, TMG and VOP formed an agreement with Boston Properties, one of the largest publicly-traded REITs in the U.S., to co-develop the site.

The planned three-building campus, known as Platform 16, is adjacent to Google's planned eight million square foot transit village and near Diridon Station, the largest multi-modal transportation hub in the Bay Area consisting of CalTrain, VTA light-rail, the ACE train, and the planned BART (2026) extension and California High Speed Rail line.

Designed by world-renowned architect Kohn Pedersen Fox Associates, the three-building project, consisting of 157,000 square feet, 345,000 square feet, and 490,000 square feet buildings respectively, will feature large floorplates ranging from 25,000 to 90,000 square feet, 15-foot floor-to-floor heights, 16 large outdoor terraces and multiple indoor and outdoor workspaces, as well as on-site amenities, including a large fitness and wellness facility and conference center.

The property is easily viewed and accessed from Highway 87, the main thoroughfare through the City, and is adjacent to the San Jose International Airport. Sited to take advantage of views towards Downtown San Jose, the project has immediate pedestrian and bicycle access to the Guadeloupe River Park, is a ten-minute walk to the restaurants at San Pedro Square and the financial center of San Jose, and a short walk to the SAP Center and Diridon Station.