Sunday, October 23, 2011

Google Pays $100M for New California Office

Dubai Business News — The Googleplex is spreading with Google’s $100 million purchase of a 240,000 square-foot office center in Mountain View, Calif.

The acquisition, reported in the Mercury News and confirmed by Google, is Google’s largest property purchase in Silicon Valley this year. The property, called The Landmark at Shoreline, will house about 960 workers.

Google, which added 2,600 employees in its most-recent quarter, bringing its total workforce up to 30,000, has spent $225 million in 2011 alone buying 15 properties in Mountain View, according to the Mercury News. Last year, Google also bought a 2.9 million square-foot office building in New York City.

Reports from Mashable.com.

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