The Montevetro building is in the Grand Canal Dock district of Dublin and it contains 210,000 sq ft of office space, which Google plans to use to help facilitate its ongoing European expansion plans.
See examples of other office spaces available for rent in Dublin here
Hundreds of employees of the search engine and software company are already working out of office space in Dublin but the workforce is likely to be swelled still further in months to come.
Construction of the 15-storey Montevetro was only recently completed and might not have been finished at all if Ireland’s National Asset Management Agency (NAMA) hadn’t stepped in to acquire impaired loans taken on by the relevant developers.
The sale of the site to Google is being viewed as a vindication of the establishment of NAMA, which was formed in response to the dramatic downturn of the Irish economy in 2008. The deal is also being welcomed as the largest of its kind in the capital in several years.
“The successful completion of the Montevetro development and its sale again reflect the positive potential of NAMA to support the commercial property market in Ireland without compromising its objective of recovering monies owed to the taxpayer,” said the organisation’s chairman Frank Daly.
Google is among the most active office-buying businesses in the world at present, with office deals recently agreed on both coasts of the US and in several other European locations.
Back in September, the commercial real estate analyst Savills suggested that there were some encouraging trends emerging within the Dublin office space market and noted that letting activity continued at healthy levels throughout the third quarter of 2010.
Editor’s notes: The Montrevetro building was completed successfully in 2011 and was renamed ‘Google Docks’ when the organisation moved in. At 220 feet tall, the building was the tallest in Dublin on completion and retained that title until the 259-foot Capital Dock building was completed at Sir John Rogerson’s Quay & Britain Quay in 2018.
In 2014, it was announced that the Google Docks building would be joined by a curving three-pronged steel and transparent glass footbridge to Google’s two office buildings across Barrow Street named Gordon House and Gasworks House.
As of May 2023, Google didn’t list a particular Dublin office address on its website but indicated that its EU HQ is located across various buildings in the Dublin Silicon Docks area.