By Meghan Hall
Google is no stranger to large Bay Area real estate transactions and has kicked off 2020 with plans for another big expansion. The tech giant has leased 222,000 square feet at an under-construction complex in Mountain View. The space that Google has leased takes up the entire office portion of the mixed-use development, called Ameswell Mountain View.
The Mercury News was the first to report on the transaction, and Google has the option to buy the office asset down the line should they choose.
The project, which will also include a 255-key hotel, is being developed by Palo Alto, Calif.-based Broadreach Capital Partners. The project was awarded to the developer in 2016 by the Mountain View City Council, and includes about ten acres. The office building will include a roof deck and outdoor courtyard, while the luxury hotel will include 5,300 square feet of event space, a swimming pool and beer garden. The project is expected to wrap construction this year.
Broadreach also developed 1625 Plymouth in Mountain View. Designed by WRNS and completed in 2018, the Class AA+ office was built-to-suit for Google, who pre-leased 100 percent of the space. For the project, Broadreach procured $150 million in financing through HFF and the New York State Teachers Retirement System (NYSTRS).
Google’s holdings in Mountain View are already extensive. In April of 2019, Google paid $250 million to lease three buildings at 900 Alta Ave., 1053 Joaquin Road and 1489 Charleston Road. John Arrillaga and Richard Peery—two known Bay Area developers—were the sellers. Google also acquired a smaller, 34,606 square foot building on Clyde Ct. in May of last year, and paid $26.1 million for the property. Shortly following its Clyde Court acquisition, Google acquired two additional properties on Shoreline Avenue for $76 million.