New York: Google Incorporated, owner of the world’s most popular search engine, completed the purchase of New York’s 111 Eighth Ave as the company expands its presence in Manhattan.
Taconic Investment Partners, Jamestown Properties and the New York State Common Retirement Fund sold the building, the companies said in a statement yesterday. They didn’t disclose terms.
Google agreed to pay about $1.8 billion (Dh6.6 billion) for the property, where it will be the largest tenant, a person with knowledge of the deal said earlier this month.
http://gulfnews.com/business/technology/google-buys-a-piece-of-new-york-1.735009
Leave a Reply