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California  + Bay Area  + Office  | 

Google Buying Three NetApp Buildings for $319M

Google acquired a trio of properties in Sunnyvale, CA for nearly $319 million, bringing its acquisition spree to more than $1 billion. The Mountain View, CA-based search giant is buying buildings from NetApp that total roughly 381,000 square feet.

The assets include 495 E. Java Dr., a 127,000-square-foot building (pictured), 475 E. Java Dr., a 133,000-square-foot building and 1330 Geneva Dr., a 121,000-square-foot building. According to SEC filings, Sunnyvale-based NetApp will lease back at least one of the buildings for a limited term.

The sales are slated to close in two stages, one by early 2018 and the other by Q4 2018.

In July, Google acquired about 45 Sunnyvale properties for a combined valued of roughly $800 million. Google, in partnership with Trammell Crow, also has been actively acquiring properties in downtown San Jose, near the Diridon train station, to develop an eight-million to 10-million-square-foot Google Village.

For comments, questions or concerns, please contact Dennis Kaiser

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About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

  • ◦Sale/Acquisition
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