Google reportedly has paid an estimated price of $591.8 million for the Milk Studios office building in Manhattan's Meatpacking District. The seller was Jamestown Properties, which purchased the asset in 2013 for $284 million.
The sales price was not disclosed; however, it is estimated to be $591 million, reported Commercial Real Estate Direct.
The property is located at 450 West 15th St. and totals 325,000 square feet.
The tech giant already owns or rents nearly all the property between West 15th and West 16th streets from Eighth Avenue to the middle of the Hudson River on Pier 57. Google owns 111 Eighth Ave., the city's fourth-largest office building, with 2.9 million square feet, according to Crain’s.
The newly purchased building is connected by a bridge to Chelsea Market, which Google already owns, having paid $2.4 billion for it in 2018.