Home Commercial Google Anticipates $500MM in Exit Costs Related to Consolidating Office Space in the First Quarter of 2023
CommercialINDUSTRY news

Google Anticipates $500MM in Exit Costs Related to Consolidating Office Space in the First Quarter of 2023

Share
Google, Alphabet Inc, Meta, Amazon, Microsoft, Puget Sound, San Francisco, Kidder Mathews, Seattle, Bay Area
Courtesy of Pawel Czerwinski on Unsplash
Share

By Kate Snyder As tech companies look to decrease their office footprints, Google’s parent company, Alphabet, Inc., announced that it anticipates absorbing about half a billion dollars in exit costs related to the firm’s planned office space reductions in the first quarter of 2023, according to its recently released fourth quarter earnings report.  “We are […]

Thank you for your interest in The Registry. If you'd like to read further, you must Subscribe or Log In below to read the rest of this content.

Share

Partner Content

2026 Northern California CRE Rising Stars

NorCal rising stars 2026

Partner Content


Recent Posts

Related Articles

Prologis Files Plans for 514,000 SQFT Data Center on Charcot Avenue in North San Jose

Prologis wants to tear down five aging North San Jose industrial buildings...

Essex Property Trust Lands $275MM Bank of America-Led Term Loan to Retire Commercial Paper

Essex Property Trust has lined up $275 million of unsecured bank debt...

Wells Fargo Sees Higher Rate Floor Squeezing Bay Area Housing as AI Buildout Powers Data Centers

Wells Fargo's latest economic outlook argues that a structurally higher floor under...

AI Mega-IPOs Push Bay Area Exit Value Past $300B, Quadrupling All of 2025

The San Francisco Bay Area captured more than $300 billion in expansion-stage...