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Google Invests $1 Billion on Real Estate in Mountain View

Google Invests $1 Billion on Real Estate in Mountain View

Enterprise & IT Nov 27,2018 0

Google has closed a $1 billion deal for a 51.8-acre business park next to its Mountain View, California, headquarters.

The acquisition of the Shoreline Technology Park in Mountain View covers a larger area than the company’s existing headquarters, according to the Mercury News, which reported the deal.

A Google representative confirmed the $1 billion purchase price for the office park but didn’t comment beyond that.

Google has recently grabbed more office space in nearby Sunnyvale, where the company has placed its cloud-computing division. Google’s plans for a $67 million land purchase in San Jose.

Earlier this year, Google purchased Manhattan’s Chelsea Market for $2.4 billion to expand in New York (Chelsea Market in Manhattan).

Tags: Google
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