| News - Friday, October 28, 2011
Google pays $100 million for offices
by Daniel DeBolt
If Google is aiming to use every property in North Bayshore it added a huge piece to the puzzle last week, paying $100 million to buy a campus across the street from its main headquarters.
With the purchase of the 240,000-square-foot so-called "Landmark at Shoreline" campus, Google's footprint in North Bayshore is even more staggering. Google has quietly purchased 15 properties in Mountain View this year, mostly around its headquarters, and appears to be buying almost every piece of property in the area that comes up for sale. Google now appears to own or lease more than three quarters of North Bayshore and all of the area's larger and more modern office complexes except for that of Microsoft, which has recently decided to expand into Sunnyvale.
The Landmark at Shoreline is by far the largest purchase in recent memory for Google. The 18-acre campus on Landings Drive is occupied by several companies, including a portion of Toyota North America and is across Charleston Road from Google's main buildings at 1600 Amphitheatre Parkway. It could hold 960 workers. A Google spokesperson could not say when Google would make use of the buildings.
"As we continue to hire it's important to find space for our new employees," said David Radcliffe, vice president of real estate and workplace services for Google in a statement. "The Landmark is strategically situated adjacent to our offices and we look forward to incorporating it into our campus."
Google's other purchases this year include 835 Alta Avenue, 2700 Garcia Avenue, 1300 and 1340 Space Park Way, 1280 La Avenida Avenue, 2751 Marine Way, 1157 San Antonio Road and 1600, 1674, and 1764 Shoreline Boulevard.
Email Daniel DeBolt at ddebolt@mv-voice.com |
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