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Sign in Sign up for a FREE subscriptionGoogle makes second largest Bay Area transaction
Google has plans to acquire $1 billion worth of assets and land in northern Sunnyvale, Calif., from Verizon Communications and its affiliates, reported media outlets.
It is considered the largest Bay Area transaction this year.
Verizon acquired the properties on First Avenue, Java Drive, Bordeaux Drive and North Mathilda Avenue as part of its $4.48 billion purchase of Yahoo in 2017.
The high-priced acquisition follows the firm’s 2018 purchase, an office and research park in Mountain View in November. This purchase was the second-largest property purchase in the United States in 2018, following Google’s $2.4 billion purchase of
