Google Expands in San Francisco with Building, Lease
FILE- In this April 17, 2007 file photo, exhibitors of the Google company work on laptop computers in front of an illuminated sign of the Google logo at the industrial fair Hannover Messe in Hanover, Germany. Google is starting to accept requests from Europeans who want to erase unflattering information from the results produced by the world's dominant search engine. The demands can be submitted on a Web page that Google opened late Thursday, May 29, 2014, in response to a landmark ruling issued two weeks ago by Europe's highest court. (AP Photo/Jens Meyer, File)
Monday, Jul 14, 2014 Updated at 11:33 AM PDT
Google is expanding in San Francisco, leasing office space on Market Street and buying an eight-story building on the Embarcadero, reports say.
Google already has about 350,000 square feet in San Francisco on Spear Street but will be expanding, according to the San Jose Mercury News.
"We are excited to expand in San Francisco, and we will continue to work hard to be a good neighbor in the communities where we work and live," a Google spokesperson said in a statement. Google declined to discuss details or prices for the lease and purchase, but Bloomberg reports a $65 million price tag for the Embarcadero building.
The San Francisco expansion, a lease at One Market Street, and the eight-story building at 188 Embarcadero, is likely because many young Google employees tend to want to live in San Francisco even while working at Google headquarters in Mountain View, Calif.
About 12,000 employees work in Mountain View, but many take Google buses to commute
from San Francisco. (About 2,500
work in Google San Francisco office, according to the San Francisco Business Times.)
It's possible Google is tired of the Google bus controversy
and wants to place workers where they want to live, rather than deal with more protests and negative press.