TMG Partners has won awards for many projects
including honors for “Best Mixed Use,”
“Best Office,” and “Best Historic Rehabilitation”.
Developer TMG Partners has promoted top executive Matt Field to president.
“In his capacity as chief investment officer, Matt successfully executed his strategic direction on individual developments which strengthened the overall portfolio,” Covarrubias said in a statement. “As president, Matt’s responsibilities will include guidance on all TMG properties and transactions across the region.”
The company recently opened a Silicon Valley office with the hiring of Ben Kochalski, a former John Buck Co. executive who spearheaded the development of Park Tower in San Francisco. Park Tower was leased by Facebook last year in the largest deal in the city’s history.
Field joined TMG 26 years ago and has managed buying and selling properties, overseeing $3.5 billion in deals since 2003, according to the firm. Field has also spearheaded ground-up development.
TMG — which had 4.5 million square feet in its Bay Area development pipeline as of 2018 — has active projects throughout the region. Its pipeline includes:
- A planned 1.1 million-square-foot office campus near San Jose's Diridon Station and search giant Google's future campus in the heart of the city. The site at 440 W. Julian St. is known as Platform 16. TMG is working with San Jose-based Valley Oak Partners and Boston Properties on the proposal.
- A 450-foot-tall, 750,000-square-foot office tower in Uptown at 2201 Valley St., which was recently approved in Oakland.
- The proposed 88 Bluxome St. project, which would replace the San Francisco Tennis Club in Central SoMa. Pinterest has pre-leased 490,000 square feet in the 1 million-square-foot project, which is a joint venture with Alexandria Real Estate Equities.
- The redevelopment of the California Pacific Medical Center at 3700 California St. into 273 homes. Grosvenor America is working with TMG on the proposed Presidio Heights project.