Google has widened a Sunnyvale expansion that has dazzled experts and observers, extending its growth spurt in the Moffett Park district through the purchase of a nondescript building at what’s deemed to be a high price.
Blue Angels LLC, an entity with direct ties to Google, and with offices at the tech giant’s headquarters, paid $18.9 million on Sept. 14 for a low-slung industrial building at 1190 Borregas Ave. in Sunnyvale. The building totals just under 33,000 square feet and the price works out to $576 a square foot.
“You really don’t see anybody else paying this much, except for Google,” said Chad Leiker, a first vice president with Kidder Mathews, a commercial real estate brokerage.