NEW YORK CITY—Hudson Yards has landed another marquee tenant and, in this case, the occupier also has become an investor in the complex.

Global investment firm KKR& Co. has acquired approximately 343,000 square feet of space—or the top 10 office floors—at 30 Hudson Yards. The firm has reached an agreement with the building's developers, Related and Oxford Properties Group to relocate its corporate headquarters offices from 9 W. 57th St. to the office tower property in 2020. No financial terms of the transaction were disclosed.

The 90-story tower, which is under construction, already is earmarked as the future headquarters of Time Warner. In January 2014 Time Warneracquired approximately 1.5 million square feet of space at the 2.6-million-square-foot building for its 5,000-plus employees. The relocation will consolidate HBO, CNN, Turner Broadcasting and the Warner Brothers divisions as well as Time Warner's corporate offices. Earlier this month, Related announced it was taking six floors at 30 Hudson Yards.

Henry Kravis, co-founder and co-CEO of KKR, says “This move will allow our teams to work together in a dynamic setting that promotes innovation and forward thinking. Related and Oxford are creating a tremendous amount of energy at Hudson Yards, and KKR is pleased to be a part of it.”

This summer,Boies, Schiller & Flexner announced it would relocate its New York City offices to 55 Hudson Yards. Other notable transactions at the expansive 28-acre development include Coach Inc.'s purchase of more than 600,000 square feet of space at 10 Hudson Yards. Also, L'Oréal USA, German software engineering firm SAP and, most recently, social media-first digital agency VaynerMediahave announced plans to locate at 10 Hudson Yards when that building opens in early 2016.

“Having one of the most prominent and forward thinking global investment firms in the world invest in and relocate to Hudson Yards is a testament to the vision and success of the new neighborhood and commercial district emerging on Manhattan's West Side,” states Related Companies chairman Stephen M. Ross. “Hudson Yards has already attracted global leaders in media, fashion, beauty, tech, law and finance, and the current interest in our commercial office towers continues to far outpace our current availability.”

Blake Hutcheson, CEO of Oxford Properties Group, says the firm is confident that the KKR commitment at 30 Hudson Yards will add to the momentum that already exists for the Hudson Yards development. “This is a win/win situation,” he says in a prepared statement. Related and Oxford were represented in the KKR deal by Robert Alexander of CBRE and Stephen Winter of Related.

The Hudson Yards site at full build-out will include 17 million square feet of commercial and residential space, more than 100 shops and restaurants, including New York City's first Neiman Marcus, approximately 5,000 residences, cultural space, 14-acres of public open space, a new 750-seat public school and a 200-room Equinox branded luxury hotel.