Google buys $1bn campus at Shoreline Technology Park in Silicon Valley

Google has paid $1bn for a business park in Silicon Valley, meaning it has completed the two largest property deals in America this year.

The internet company acquired a 12-building campus in Mountain View, minutes away from its California base. Shoreline Technology Park was already largely occupied by Google.

The deal is eclipsed only by another Google acquisition — Chelsea Market, a 1.2m sq ft building in Manhattan which it bought for $2.4bn.

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