Last night I was notified of a SEC Filing showing Google has entered into an agreement to purchase their headquarters (The GooglePlex) for $319 million. Of the $319 million, $10 million was already placed into escrow on June 9. Google is technically buying 1600 Amphitheatre Parkway and 1200-1500 Crittenden Lane, Mountain View, California, about 978,066 square feet of land. In addition to the $319 million price tag, Google has to pay $315,000 per month to the city; $140,000 per month for ground lease and $175,000 per month for rent with rent increases of 4 percent to 7 percent. More details also in an AP article.
Meet Your Favorite Search Engine Watch Contributors
Many of SEW's leading expert contributors will be at ClickZ Live, the new online and digital marketing event kicking off in New York (March 31-April 3). Hear from the likes of: Thom Craver, Josh Braaten, Lisa Barone, Simon Heseltine, Josh McCoy, Lisa Raehsler, Greg Jarboe, Dan Cristo, Joseph Kerschbaum, John Gagnon, Eric Enge and more!