Google Drops $1 Billion on Real Estate Near Its Headquarters

Googleplex headquarters in Mountain View.Photographer: Michael Short/Bloomberg
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The Googleplex is getting bigger.

Alphabet Inc.’s Google has closed a $1 billion deal for a 51.8-acre business park next to its Mountain View, California, headquarters. The purchase adds to a mammoth real estate expansion the company is in undertaking in both California and New York City.