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To: 10K a day who wrote (61)3/13/2008 10:15:13 AM
From: Sr K  Respond to of 248
 
I Googled, and then EDITed it. It was Google.

sanjose.bizjournals.com

Friday, June 16, 2006

Google Inc. said on June 14 it will pay $319 million to buy the property containing its headquarters.

Mountain View-based Google said the portion of land comprises about 978,000 square feet and includes 1600 Amphitheatre Parkway and 1200 to 1500 Crittenden Lane.

Google has been subleasing office space at the property from Silicon Graphics Inc., which filed for Chapter 11 bankruptcy protection in May.

The purchase is subject to city approval and court approval of SGI's bankruptcy. If SGI's bankruptcy goes through, Google expects the transaction to close no later than the end of June.

Google will also have to pay $140,000 each month to Mountain View under a ground lease for the Amphitheatre Parkway property, as well as $175,000 a month for the Crittenden Lane property.