Google Inc., owner of the world’s most popular search engine, is also a dominant real estate deal maker that’s expanding its office space while nationwide demand from more traditional tenants wanes.
The company signed the year’s biggest leases in California’s Silicon Valley and San Francisco and agreed to a fourfold jump of its space in Chicago, according to brokerage Cushman & Wakefield Inc. A pending deal in Manhattan for about 360,000 square feet would be the biggest in midtown south, the area where Google bought a converted freight terminal for $1.84 billion almost three years ago.
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