Tech giant Google March 20, has closed a deal to purchase a whole complex of buildings in Central new York. Chelsea Market was owned investment company Jamestown, and Google has long since made plans for the acquisition of this area. The amount of the transaction amounted to $2.4 billion.
Google today is one of the leaders in the number of leased and acquired in the heart of new York city real estate. The current headquarters in 2010 cost the company $1.77 billion. Bought now a complex of buildings in Chelsea Market is across the street from the Central office of Google. With the conclusion of the last deal the tech giant has almost 110 thousand square meters in the heart of Chelsea.
The new owner has not announced plans to change the structure of the buildings and their intended purpose. Invest company Jamestown will continue to monitor the operation of the restaurants, shops and a number of other institutions located on the territory of the Chelsea Market.
At the same time, the experts of the real estate sector point out that, according to zoning regulations of new York city, Google has the right to increase the number of floors of the complex, adding up to 8 floors. Given the scale of the company and our growing staff, such steps can be expected in the next five years, experts say.
Jamestown Properties, which owns the rights to the brand Chelsea Market, announced that it plans to open in Europe and America are similar in structure complexes. At this time, the company looks for its relevant needs of the place and area.
This deal was one of the most expensive real estate acquisitions in the history of new York.
