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Internet search giant Google has leased thousands of feet more of office space in Sunnyvale to support its latest expansion.
The company has leased four buildings in Sunnyvale, enough office space for an estimated 2,900 additional employees.
Known together as the Ariba Campus, the four buildings were in high demand from other technology companies in the area, however Google was the first to move. Terms of the lease were not disclosed.
“As we continue to grow, it’s important to find space for our future employees close to our headquarters,” said David Radcliffe, Vice President of real estate and workplace services for Google.
“That’s why we’ve leased space at Moffett Park’s Technology Corners.”
Earlier this year the company announced that it was to build its own campus near Charleston Road and Shoreline Boulevard in Sunnyvale. The new facility is to boast 595,000 square feet of office space.
According to Google the new campus will feature both sustainable and architecturally innovated buildings.
Google’s new leases come as the company initiates a major expansion move which could see the hiring of 6,000 more employees worldwide.
In the second quarter of this year Google reported USD 2.5 billion in profits and USD 9 billion in revenue.
Other technology companies are also currently looking to build on their existing office space.
Facebook has recently moved to Oracle’s old headquarters and Apple recently announced it is to build an ambitious new development shaped like a spaceship to bring almost all its employees under one roof.
“Tech will continue to expand globally,” Erik Davidson, a Wells Fargo economist and Deputy Chief Investment Officer for the company’s private bank told the San Jose Mercury News.
“Technology is one of the better arrows the Bay Area economy has in its quiver right now.”