SAN FRANCISCO, Nov. 26 (Xinhua) -- Top internet company Google has struck a 1 billion-U.S.-dollar deal for a big industry park near its headquarters in California, the largest property purchase in the Bay Area this year, The Mercury News reported Monday.
The newly acquired site is bigger than Google's existing Googleplex headquarters in Mountain View, northern California. The park will occupy a total of 0.21 square km in space with 12 buildings.
The deal is seen as another ambitious real estate expansion by the world's largest internet search company in Silicon Valley as it has bought more office space earlier this year in Sunnyvale, a city in Santa Clara County, California.
The local newspaper said Google's mega-acquisition is the second largest property purchase in the United States this year. The company has bought a property in Manhattan, New York for 2.4 billion dollars.
Earlier this month, Google agreed to buy more than 40,467 square meters from San Jose city for 110 million dollars for its expansion.
Apart from the mega property acquisition, Google leased about 27,871 square meters of room for more than 1,500 of its employees in downtown San Francisco in early November, making it the third largest tech tenant in the city.
