# Amidi Group

> Amidi Group is a privately held family business founded by Rahim and Saeed Amidi in 1980. It combines commercial and residential real estate, serviced offices, industrial distribution and early-stage technology investing, with brands including TENTEN, Hollywood Production Center and Plug and Play.

- **Founded:** 1980
- **Headquarters:** Redwood City, United States
- **Founders:** Rahim Amidi (Co-founder and principal manager), Saeed Amidi (Co-founder and principal manager; founder and CEO of Plug and Play)
- **Products:** Real estate development and management, Hollywood Production Center, Plug and Play, TENTEN Wilshire, Chemtex
- **Notable:** Company-reported holdings exceed one million square feet of real estate and $2 billion in managed assets; undated website statements, not a valuation or audited financial result., Family acquired 165 University Avenue in December 1986; the property later housed Google, PayPal and Logitech., Launched the Sunnyvale Plug and Play campus in 2006.

## Products & services

- **Real estate development and management** — Commercial, mixed-use and residential property ownership, development and operation. The company reports more than one million square feet across its holdings; the website figure is undated.
- **Hollywood Production Center** — Furnished private offices and production-oriented workspace with bundled operational services; its current website lists six campuses in Hollywood, Glendale and Burbank.
- **Plug and Play** — Startup acceleration, corporate innovation and venture investing. Program participation and equity investment are distinct; Amidi states that startup participation requires no equity.
- **TENTEN Wilshire** — Live-work apartments, furnished and unfurnished options, business facilities and shared leisure amenities in downtown Los Angeles.
- **Chemtex** — Distribution of raw plastic resins internationally; founded in 1979 according to the group’s company history.
- **ALPS** — American Liquid Packaging Systems, a bottled-water business with international operations.
- **Medallion Rug Gallery** — Retail and importing business for handmade and antique rugs, established by the Amidi family in Palo Alto.

## Achievements

- Company-reported holdings exceed one million square feet of real estate and $2 billion in managed assets; undated website statements, not a valuation or audited financial result.
- Family acquired 165 University Avenue in December 1986; the property later housed Google, PayPal and Logitech.
- Launched the Sunnyvale Plug and Play campus in 2006.
- Completed 1027 Wilshire in 2021, adding 376 live-work units according to RENTV.

## Latest updates

- **2026-05** — In a TeqTalk interview recorded during Plug and Play’s Silicon Valley May Summit, Saeed discussed AI Centers of Excellence and collaboration among corporations, universities and governments. This concerns Plug and Play, not a disclosed parent-company financing.
- **—** — In its 2025 financial-services report, Plug and Play described over 60 locations and initial venture investments ranging from $25,000 to $3 million. Figures belong to the platform.
- **2021-09** — RENTV reported completion of Amidi Group’s 376-unit 1027 Wilshire expansion.

## Links

- Website: https://amidigroup.com/
- LinkedIn: https://www.linkedin.com/company/amidi-group-llc

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Profile page: https://yespress.io/amidi-group
Published by YesPress — https://yespress.io
Last updated: 2026-10-27