Google has officially confirmed their $585 million purchase of six office buildings at the Pacific Shoes Center in Redwood City. They have also confirmed their intentions to occupy said buildings. But even with the ink still drying on their Redwood City purchase, the tech giant is continuing their dizzying pace of real estate acquisitions.
A Google subsidiary, Planetary Ventures, just leased NASA's Moffett Field for 60 years, during which time they will pay roughly 1.16 billion dollars. The deal gives them control of a few hangars which officials say they intend to refurbish and use for research into new space exploration technology.
They also have plans to expand into San Francisco, where they have recently purchased an 8 story building on the Embarcadero.
One of the reasons that Google is likely expanding into so many different parts of the Bay Area is to resolve the commuting problems that their employees face getting to and from their Mountain View headquarters. The Redwood City location is adjacent to the Port of Redwood City, where Google has long been toying with the idea of getting a commuter ferry running, and having real estate in San Francisco will make things a lot easier on their many employees who already live there.
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