TMG

$18.2 Million Apartment Complex in Chico Sold by TMG

Retrieved on: 
Thursday, February 7, 2019
Construction & Property, Commercial Building & Real Estate, Residential Building & Real Estate, Geography of California, California, TMG, Chico, California, Los Angeles

The Mogharebi Group (TMG) has completed the sale of Paradise Apartments in Chico, a 164-unit community, located on West Sacramento Avenue.

Key Points: 
  • The Mogharebi Group (TMG) has completed the sale of Paradise Apartments in Chico, a 164-unit community, located on West Sacramento Avenue.
  • The property sold with multiple offers for $18,200,000 that equates to $110,976 per unit or $143 per square foot.
  • Otto Ozen, Alex Mogharebi, and Bryan LaBar of TMG represented the seller, a Los Angeles based investment group, and the Los Angeles based buyer.
  • THE MOGHAREBI GROUP (TMG) headquartered in Costa Mesa, California, is the premiere multi-family real estate services and investment firm.

Boston Properties Acquires Rights to Platform 16 Development Site at Diridon Station in San Jose, CA

Retrieved on: 
Tuesday, January 29, 2019
REIT, Urban planning, Construction & Property, Commercial Building & Real Estate, Sam Liccardo, Boston Properties, TMG

"Im pleased that Boston Properties and TMG Partners will be co-developing this significant project and thank them for their investment in our city," said San Jose Mayor Sam Liccardo.

Key Points: 
  • "Im pleased that Boston Properties and TMG Partners will be co-developing this significant project and thank them for their investment in our city," said San Jose Mayor Sam Liccardo.
  • Boston Properties expects to begin demolition and site improvements in the spring of 2019 allowing for a groundbreaking in mid-summer.
  • We are delighted to collaborate with TMG Partners to bring this project to life, said Bob Pester, Executive Vice President for Boston Properties.
  • Boston Properties and TMG Partners previously collaborated on the widely acclaimed 680 Folsom Street project in San Francisco.

Motionloft Selected For Tokyo Government Program

Retrieved on: 
Tuesday, September 4, 2018
Japan, Metro, TMG, World

SAN FRANCISCO, Sept. 4, 2018 /PRNewswire/ --Motionloft has been selected as one of 13 companies across the globe as a participant in the Tokyo government program.

Key Points: 
  • SAN FRANCISCO, Sept. 4, 2018 /PRNewswire/ --Motionloft has been selected as one of 13 companies across the globe as a participant in the Tokyo government program.
  • The Tokyo Metropolitan Government (TMG) is working to attract foreign businesses that possess advanced technologies related to the Fourth Industrial Revolution and to promote the transfer of ground-breaking foreign technology to Japanese companies.
  • Motionloft utilizes sensors to capture the movements of people and vehicles, analyze their behavior and provide results in real time.
  • Inclusion in TMG's program gives Motionloft access to government projects and important resources in Tokyo, and is a demonstration of Motionloft's value and commitment to Japan," said Joyce Reitman, CEO of Motionloft.