Archive

Google could hire 30,000 in Bay Area based on tech titan’s development spree | TribLIVE.com
U.S./World

Google could hire 30,000 in Bay Area based on tech titan’s development spree

MOUNTAIN VIEW, Calif. — Google has been on an astonishing real estate spree in the last several years, buying or leasing dozens of buildings across a wide swath of the south Bay Area in California.

What’s even more astonishing: It’s been adding space even though it has not filled buildings it has, giving the company the flexibility to expand its large Bay Area workforce by nearly 30,000 workers.

“I’ve never seen anything like this sort of expansion from any one company,” said Phil Mahoney, a broker with commercial realty firm Cornish & Carey.

The office space boom has been going on for a few years. The San Jose Mercury News was the first to report that Google had established its first Silicon Valley presence outside its Mountain View home base in 2011, when it signed a mammoth lease in Sunnyvale. Google has bought a slew of older office buildings, potentially to tear them down and build first-class office space for its workers.

But its acquisition spree seems to have intensified. In one of the most recent deals, Google leased an entire office project that’s still under construction in Sunnyvale. That totaled 1.9 million square feet, and commercial real estate experts say they can’t recall an office lease larger than that in California in at least 15 years. Separately, Google recently bought a six-building office complex in Redwood City totaling 934,000 square feet. Google provided no dollar amount for the deals. Both transactions were initially reported by the Silicon Valley Business Journal.

Google intends to occupy both projects, said Meghan Casserly, a Google spokeswoman.

Some real estate industry insiders familiar with Google’s hiring plans say the tech titan intends to hire 5,000 workers in the Bay Area a year for at least the next five years. Google does not disclose the size of its Bay Area workforce, but it had 55,000 employees globally as of Sept. 30.


TribLIVE commenting policy

You are solely responsible for your comments and by using TribLive.com you agree to our Terms of Service.

We moderate comments. Our goal is to provide substantive commentary for a general readership. By screening submissions, we provide a space where readers can share intelligent and informed commentary that enhances the quality of our news and information.

While most comments will be posted if they are on-topic and not abusive, moderating decisions are subjective. We will make them as carefully and consistently as we can. Because of the volume of reader comments, we cannot review individual moderation decisions with readers.

We value thoughtful comments representing a range of views that make their point quickly and politely. We make an effort to protect discussions from repeated comments either by the same reader or different readers

We follow the same standards for taste as the daily newspaper. A few things we won't tolerate: personal attacks, obscenity, vulgarity, profanity (including expletives and letters followed by dashes), commercial promotion, impersonations, incoherence, proselytizing and SHOUTING. Don't include URLs to Web sites.

We do not edit comments. They are either approved or deleted. We reserve the right to edit a comment that is quoted or excerpted in an article. In this case, we may fix spelling and punctuation.

We welcome strong opinions and criticism of our work, but we don't want comments to become bogged down with discussions of our policies and we will moderate accordingly.

We appreciate it when readers and people quoted in articles or blog posts point out errors of fact or emphasis and will investigate all assertions. But these suggestions should be sent via e-mail. To avoid distracting other readers, we won't publish comments that suggest a correction. Instead, corrections will be made in a blog post or in an article.