SUNNYVALE — Google has bought roughly four dozen properties in Sunnyvale with a combined value of around $800 million, setting the stage for what may be another major expansion of the tech titan’s Silicon Valley operations.
The properties are located on 13 different streets in a Sunnyvale business area known as Moffett Park, and the move comes as Google also explores a plan to build a massive tech campus in downtown San Jose.
The buildings Google has bought provide combined space of at least 2.3 million square feet, according to this news organization’s review of numerous property brochures and flyers for all of the properties. Google would not disclose its plans for the properties.
This is interesting – do we know how many of those properties were occupied? I drive that stretch of 237 quite often and marvel at the amount of “for lease” commercial real estate. There are vacant buildings up and down great america and north first as well. I’ve often wondered what would happen to traffic if all unoccupied buildings in that area were at 100% occupancy…
Will all these buildings used by Google? I started worrying about an office space surplus. When the next tech slowdown happens, you maybe able to buy offices at discount.
Apple and Facebook are building massive new offices. Google is buying and already bought RWC.
Other than these 3, other companies in SV is pretty subdued