KKR Real Estate Finance Trust and TMG Lease Office Space to OpenAI
KKR Real Estate Finance Trust and TMG Partners announced the lease at 350-380 Ellis, a Class A campus in Mountain View, California, to OpenAI. The five-building Class A property is strategically located in the heart of Silicon Valley and is owned by KREF and capital accounts advised by KKR. In 2024, TMG was selected to reposition the campus into a future-ready workplace designed to meet the needs of leading global technology companies. TMG led the transformation of the campus, modernizing the asset into an institutional-quality, highly connected and future-ready workplace designed to support scale, flexibility and long-term tenant needs. The comprehensive redesign integrates the five buildings into a seamless environment, upgrades core infrastructure and introduces collaboration- and wellness-focused amenities throughout, including a new front entry arrival experience, new indoor/outdoor cafe, rooftop decks and a revitalized secure 2.0-acre outdoor amenity zone featuring flexible, open-air workspace.
