Google recently purchased some premium real estate close to its headquarters in Mountain View, California and it looks like the outfit is trying to expanding its office setup on the East Coast. According to Vornado Realty Trust the tech company has signed a lease for an 180,000 square foot industrial space in New York at 85 10th Avenue that used to be a Nabisco factory.
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Google reportedly purchased six office buildings from Starwood Capital Group LLC and Blackstone Group LP for $585 million, according to Bloomberg. The facilities are located at the Pacific Shores Center office park in Redwood City, California and are about 11 miles away from the search giant’s Mountain View headquarters.
Real estate Stories May 8, 2012
According to a report by Jason Stern at MuscleWeek, the iconic Gold’s Gym in Venice, Los Angeles is set to close in 2014 after 45 years of operation. This would normally not be reported; however, Stern confirmed with the gym’s former owner, Ed Connors, that “Google has bought the building and the surrounding real estate and Los Angeles DUI attorney businesses with grand designs on walling off the streets and creating a SoCal campus to rival its Mountain View ‘university’.”
The worst-kept secret at Gold’s Gym in Venice is that the gym is closing its doors for good when its lease expires on June 30, 2014… Publicly, the gym management continues to emphasize (perhaps ‘misrepresent’ is a better word choice) that Gold’s Gym isn’t going anywhere, but for those in the know, it has become painfully clear that the clock is ticking down to zero…The result: Google Plus. Gold’s Minus.
Google has not confirmed its plans, but there were rumors last year that the company purchased the building home to the landmark Gold’s Gym location. expand full story