Google nabs six office buildings in California

Google has grabbed a bunch of new real estate in Redwood City, California, according to Bloomberg, which spoke to a couple of people "with knowledge of the matter". According to the two sources, the Internet giant nabbed half a dozen office buildings for a total of $585 million, all of them located about 11 miles from the company's Mountain View office. This information falls in line with Google's newly filed quarterly report, which included a brief mention of purchasing property for the aforementioned amount.

The properties were said to have been bought from Blackstone Group LP and Starwood Capital Group LLC. This joins a recent office-lease agreement Google signed committing itself to approximately $1 billion for the next 14 years. Though the sources don't have much to say about the newest property acquisition, the company's recent quarterly report filing lends some clues.

In the report, Google said that it will be "aggressively" hiring more workers for the rest of this year, and that as part of its larger strategies acquisitions will continue to happen. This is in addition to the large number of workers Google has already brought aboard this year.

As for the properties it bought, Google is said to have gotten a 38,000sqft fitness center with a pool, gym and spa, as well as 934,000sqft of office space. The buildings are said to be part of the Pacific Shores Center office park, according to Bloomberg.

SOURCE: Bloomberg