TMG Partners has won awards for many projects
including honors for “Best Mixed Use,”
“Best Office,” and “Best Historic Rehabilitation”.
The Public Market Emeryville, a prominent retail and office complex, has been bought by a group of realty investors, an indication that the Bay Area's retail sector is doing well.
The 270,000-square-foot Emeryville complex, located on Shellmound Street near the Interstate 80 and Powell Street interchange, was bought by San Francisco-based City Center Realty Partners and New York City-based Angelo Gordon.
The purchase came after an extensive renovation engineered by San Francisco-based TMG Partners and Rockwood Capital, the group that sold the retail and office complex.
One of the biggest challenges the center faced was the abrupt exit of one of its prime retailers, Borders Books. The bookstore imploded in the recession and vacated numerous store sites, including Emeryville. TMG filled the vacancy with Urban Outfitters and Guitar Center.