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Samsung Buys 385k SF Mountain View HQ

TMG Partners, in partnership with Farallon Capital Management, just sold the 8.5-acre campus to the electronics giant. The newly constructed 385k SF facility includes two, six-story Class-A office buildings and two garages, in addition to one acre of open space. The project achieved the LEED Platinum certification rating for Core and Shell. TMG and Farallon leased the property to Samsung in 2012, prior to obtaining entitlements, as a build­-to-suit with a 15-year lease term, which provided Samsung a purchase option after completion. Samsung exercised the option and now owns the property. TMG's Samsung project included founding the Mountain View Transportation Management Association and leading the launch of the new MVgo shuttle system that provides free last mile rides to Mountain View employment campuses and Caltrain.