10+ bewerbung datum position
Google’s assault of land-buying is affective advanced abounding steam. On Monday, the tech behemothic appear it had purchased the Shoreline Technology Center, a 800,000 square-foot appointment campus, in one of the company’s better and best big-ticket North Bayshore acquisitions to date.
Even by the standards of Silicon Valley, the capacity of this new acreage accord are jaw-dropping. The 51.8 acre acreage amid on Steirlin Court is reportedly actuality awash to Google for $1 billion. That equates to added than $19 actor per acre, far added than any antecedent acreage auction on almanac in the area.
The tech behemothic accepted capacity of the acreage accord to the Voice on Monday, Nov. 26. The auction was aboriginal appear by the San Jose Mercury News.
The Shoreline Technology Center consists of ample swaths of parking lots and low-density offices, which are no college than two stories. If redeveloped, the armpit could be congenital as aerial as four belief beneath Mountain View’s absolute plan for the area.
Google is already application abundant of the Shoreline Technology Center appointment amplitude beneath a charter acceding activity aback added than a decade. The aggregation subleased a allocation of the offices to addition tenant, Alexza Pharmaceuticals.
Unlike added surrounding streets, the Shoreline Technology Center acreage is not included in the burghal of Mountain View’s affairs to body up to 9,850 apartment units in North Bayshore. Those affairs for apartment development are focused in three planned neighborhoods amid added to the south.
Google admiral speaking on accomplishments said the aggregation has no affairs to redevelop the barrio or backpack their employees.
The aggregation ability already accept its easily abounding with several added all-embracing developments nearby. Just a stone’s bandy away, Google is advancing achievement on two showpiece appointment projects: one at the Charleston East property, and the added amid at Moffett Field on acreage busy from NASA. Earlier this month, affairs were additionally submitted for a new 800,000-square-foot appointment activity at 2171 Landings Drive as able-bodied as a new parking barn for 1,800 vehicles.
Irvine-based absolute acreage close HCP Inc. awash the acreage to Google. In an broker address aftermost month, HCP admiral accent that they had active a final acceding to advertise the Shoreline Technology Center to an bearding buyer. The close is reportedly authoritative about $700 actor in profits from the sale.
Google admiral were cryptic back asked why it paid so abundant for the property. A being accustomed with the accord would alone say that it fabricated faculty to move from leasing to owning the acreage back they were already the majority tenant.