GOOGLE INDUSTRIAL MARKET NEWS NOW
- Market Report
GOOGLE INDUSTRIAL MARKET NEWS NOW
- Market Report
Description
INDUSTRIAL PROPERTY SHOWCASE
| GOOGLE – ACQUIRING LAND HOLDINGS IN CALIFORNIA AND TEXAS |
Google California Land Acquisitions
Known California Land / Property Acquisitions by Google (or Alphabet Entities)
- Gilroy, Rossi Lane (~40 acres, agricultural land)
• Use: Tree nursery / green buffer for landscaping campuses.
• Paid: ~$2.1 million.
• Zoning: Large-scale agricultural.
• Status: Owned; not developed as industrial/office. - Sunnyvale, NetApp Buildings & Land (East Java Drive, Geneva Drive, etc.)
• Use: Office buildings + land (existing built property) and some vacant land. Likely expansion or campus consolidation.
• Paid: ~$210 million for several buildings + land. - Playa Vista, Los Angeles (~12 acres)
• Use: Vacant land near YouTube Space LA; acquisition likely for expansion / office campus adjacencies.
• Paid: ~$120 million. - Britannia Shoreline Technology Park, Mountain View (~795,000 SF / office campus)
• Use: Office campus (11-building complex), mostly occupied; Google acquired it to consolidate office space.
• Paid: ~$1 billion. - Mountain View / Adjacent business park (~51.8 acres)
• Status / Use: Large business-park purchase near Mountain View HQ (office campus / expansion land).
• Key details: Reported as a ~51.8-acre business park purchase valued at approx. $1B in combined acquisitions near HQ (part of Google’s major Bay Area land buys).
• Confidence: High (major media / trade press). - San Jose / Downtown parcels (aggregate ~80+ acres over time)
• Status / Use: Multiple downtown San Jose parcels acquired for planned campus expansion — sites remain largely undeveloped or in phased plans.
• Key details: Over recent years Google acquired many downtown parcels (totaling roughly 80 acres in some reports) tied to its South Bay campus ambitions; some ground disturbance/clearing occurred and remediation/settlement activity has been reported. - Goleta / Santa Barbara County (~7.6 acres)
• Status / Use: Purchase reported (land near Goleta) — acquired after pulling back from other developments; use uncertain/strategic holding, as part of Google’s portfolio holdings.
Short take on California Holdings
- These large-parcel land holdings show institutional, long-range land acquisition strategies by Google: some parcels are immediate operational projects (data centers), others are strategic holdings (nurseries, campus adjacency) that may never convert to standard industrial.
Google Texas Land Acquisitions
Texas — Large Parcel / Data Center & Campus Investments
- Midlothian / Ellis County, TX — multiple large parcels (Midlothian campus / previous 375-acre phase)
• Status / Use: Established data center campus; ongoing expansion projects in the Dallas-Fort Worth area.
• Key details: Google has built and expanded a major data-center campus in Midlothian (multi-phase, multi-hundred-acre investments and multi-hundred-million-dollar projects). - Ellis County / Red Oak area — ~165 acres (reported site acquisitions)
• Status / Use: Large-tract purchase reported for additional data-center development (utility/site work underway).
• Key details: Reports indicate purchases of ~165 acres for another major data-center build; county approvals and utility infrastructure work reported in local outlets. - Dallas / North Texas region — ongoing land buys and $1B+ investment
• Status / Use: Multiple site purchases and expansions for both data centers and cloud region infrastructure.
• Key details: Google announced $1B+ investments and has added sites/capacity across the Dallas–Fort Worth metroplex (including Red Oak / Midlothian / Fort Worth assets).
Links
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Call Marie Cappello, Broker at (760) 507-1222
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