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Google’s Latest Deal Boosts San Jose Acquisitions to Nearly $400M

Though Google’s latest property acquisition in downtown San Jose isn’t a blockbuster in terms of dollar value, the addition is another step towards its vision of creating a transit village. Public records show the tech titan paid $2.7 million for a site at 56 S. Autumn St. currently housing a glass products supplier.

The latest addition brings the total Google and affiliated entities has spent buying properties to $386.8 million over a nearly three-year span, according to research compiled by the Mercury-News. Development ally, Trammell Crow Company, as well as TC Agoge Associates, have been involved in acquisitions, too.

The pick-up is near Google’s proposed transit-oriented development in downtown encompassing a mix of office, residential, retail, restaurant and open space. The area near the train station and the SAP Center is envisioned to house 25,000 workers, including up to 20,000 Google employees.

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About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as 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, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

  • ◦Development
  • ◦Sale/Acquisition