Google Expands Real Estate Presence
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Google, the search engine that plans to be all things computer, is expanding into real estate. Not the Zillow way or online, but they are purchasing up real estate to house the expanded workforce they are hiring. They have purchased the Silicon Graphics building in Mountain View and are spending over 319 million in total on real estate.
The purchase includes Google’s existing headquarters at 1600 Amphitheatre Parkway and nearby property that is home to Silicon Graphics Inc., a computer imaging company that is in bankruptcy protection.
Both locations are in Mountain View in the Silicon Valley area about 40 miles south of San Francisco.
The company disclosed the planned purchase in a regulatory filing. “We’re pleased to expand our Mountain View campus to accommodate our growing employee population,” Google spokesman Barry Schnitt said in an e-mailed statement. He declined to comment further. via CNN Money.
Am I the only one that finds it odd that the ONLY place that looks to be seriously warming is ...
It seems there are numbers posted about how much it could cost the US in home sales from people holding ...
The only people holding off will be those that are financially secure and can manage to hold off. How ...
What an awesome way to generate traffic for a story. Were they trying to time that for Sweeps Week? ...
That's awful. I wonder if using that tactic , if a building can be sold or used as collateral. ...
Good point about people possibly holding off now. The 4.5 percent interest rate could be a self-fulfilling prophecy. 
wow this is a wonderful creation...............i would like to be there once even in my life time........... 
Absolutely agree with Jon, excellent site and very imformative. Keep reporting to us please! 
I will say that had I never been to that site and seen Dean's many deals that he documented and ...
Great Real Estate
post ... very interesting. 
Comment by Don on 17 June 2006:
Your blog about Google getting into real estate by buying real estate lead me to ponder again an earlier discussion. Will Google get into the Realtors business? What at are your thoughts on whether they will or will not? Many Realtors think that they might. There appears to be a growing feeling that companies such as Google, Yahoo and Craigslist may get into the real estate brokerage business and change the industry forever.
For an interesting thread on this discussion go to http://www.realblogging.com and check out the posts under the category TRENDS.