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Google to Expand San Francisco Office Space in Two Deals

Google Inc., owner of the world’s biggest search engine, bought a San Francisco office building and agreed to lease space at a nearby tower as it expands its real estate presence in the city.

Google purchased 188 The Embarcadero from Ares Management LP and USAA Investment Management Co. for $65 million in a transaction completed two days ago, said two people with knowledge of the deal, who asked not to be identified because the details are private. The company also will lease 250,000 square feet (23,200 square meters) at the 42-story Spear Tower in the One Market Plaza complex.