RSS

Google Buying NY Office Building For $1.9 Billion

05 Dec

Google’s already a tenant in the building, but this move isn’t a simple “why rent when you can buy?” scenario.  Google only occupies perhaps 500,000 square feet, and Peter Grant, who was first to confirm the deal, noted, “The deal for the massive 2.9-million-square-foot property at 111 Eighth Avenue is the biggest for a single building in the U.S. this year.”

via Google Buying NY Office Building For $1.9 Billion | WebProNews.

Advertisements
 
Leave a comment

Posted by on December 5, 2010 in economy, investing, money

 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

 
%d bloggers like this: