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Google just paid $ 1B for new property in Silicon Valley



Google has just spent $ 1 billion to acquire more properties in Silicon Valley, the second largest property purchase in the United States this year.

In addition to the $ 1 billion large office park that the search engine giant bought in Mountain View, California, Google has invested at least $ 2.83 billion in property acquisitions in San Jose, Sunnyvale and Mountain View in the over the past two years, according to the Mercury News, which first reported the news.

Google could not be contacted immediately to comment on the report.

The property, located a few blocks from the Googleplex headquarters, brings the total ownership of Google land in the area to 41.8 acres, with 12 buildings.

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Google has also expanded beyond the realm of Silicon Valley: earlier this month, it prepared to increase its real estate in New York City, adding enough space for some 12,000 new employees.

In February, the technology company spent $ 2.4 billion to acquire Chelsea Market, an office complex, food court and tourist attraction, the largest property purchase in the United States this year.


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