July 31, 2017 Comments Off on Google Adds 52 Sunnyvale Properties for More Than $820M Views: 817 Bay Area, California News

Google Adds 52 Sunnyvale Properties for More Than $820M

Google is quietly buying properties in Silicon Valley, as it looks to continue its monumental expansion trajectory. The giant tech company has reportedly purchased 52 properties in Sunnyvale, CA, for $820 million.

The properties total roughly 2.3 million square on 13 different streets in Moffett Park, near Google’s Mountain View headquarters and office towers it leases. Plans for redeveloping the sites have not yet surfaced, though the existing collection of dozens of aging research, office and industrial buildings could house up to 11,000 employees.

That massive land grab is in addition to the land assemblage underway in downtown San Jose, near the Diridon transit station in what’s envisioned to become Google Village. The space expansion in the Silicon Valley is intended to keep pace with growth. Google’s workforce, which now exceeds 72,000, is expected to continue adding employees.

Read more at San Jose Mercury News


Get CRE News in 150 words


Submit Your Nominations

Share on FacebookTweet about this on TwitterShare on LinkedInEmail this to someone

Tags: , , ,

Comments are closed.