Google and LinkedIn complete massive land swap Silicon Valley

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Google and LinkedIn complete massive land swap Silicon Valley

Tech giants Google and LinkedIn can be online rivals but are working in the real world in a land swap Silicon Valley.

Google and LinkedIn say they have completed an exchange that will give the current headquarters of Google in Mountain View LinkedIn.

In return, receives LinkedIn property in other parts of the city, where a new building will be built.

LinkedIn also takes care of the leased property by Google in Sunnyvale.

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A man walks past a building on the Google campus in Mountain View, Calif. Google and LinkedIn said July 13, 2016, that they have completed a massive land swap involving several Silicon Valley properties In this May 8, 2014, file photo, a man walks past the LinkedIn headquarters in Mountain View, Calif. Google and LinkedIn said July 13, 2016, that they have completed a massive land swap involving several Silicon Valley properties

Google and Linkedin reached an important agreement to exchange land in which Google obtains the current headquarters of LinkedIn in Mountain View, in exchange for property in other parts of the city

EARTH fROM GOOGLE SWAP and LinkedIn
the LinkedIn deliver to Google
Location Size Details
HQ LinkedIn 370.000 Google takes over the lease of the main buildings of LinkedIn in North Bayshore
Lester Industrial Park 340,000 square feet purchased for $ 79 million to the main building for development 'Shoreline Commons'
building retail 43,560 sq. Ft.
Sports page properties 32,670 sq. Ft. Purchased by $ 10.5 million in July 2015, includes 8,836 feet of restaurant space
Caltrans servitude n / d Small servitude bought for $ 7.8 million in July 2015
what Google will deliver LinkedIn
Location Size Details
office sites 400,000 sq. Ft. Office buildings bought for $ 250 million in 2014
285,000 sq. Ft. Office building purchased for $ 33.14 million in 2014
63131 sq. Ft. former HQ of Palm
Source: Silicon Valley Business Journal
Google can now move ahead with its plans for the development of a highly-futuristic campus

Google can now go ahead with plans for the development of a highly futuristic campus

the Silicon Valley Business Journal reports that the agreement involves 1 million square feet of existing buildings and 2.4 million square feet of development.

LinkedIn A spokesman says the move will allow the company to consolidate 3,700 employees on one campus years ahead of schedule.

A spokesman for Google says that both companies are "pleased to move forward with our respective development plans."

Last year, Google plans office had to be a little less ambitious than the technology giant had expected.

hoping to create a complex of four plants did see was through 2.2 million sq. Ft. Commercial land in the district of North Bayshore Mountain View.

The four-story 595,000 sq. ft. office is called Charleston East, because the company wants to build it right next to Charleston Park

The four-storey 595,000 sq. Ft. Charleston Middle Office is called, because the company wants to build just off Charleston Park

However, LinkedIn was given the most space -. Forcing Google to downsize to a single dome with his office existing

Plans show Google latest design for the dome is approximately 18.6 acres of land lease financial by the government through its headquarters right.

Last year, Google's office plans (pictured) had to be a little less ambitious than the tech giant had hoped for when it didn't get building rights to some of the properties

Last year, plans office Google (pictured) had to be a little less ambitious than the technology giant had expected when not obtained building rights of some properties

the four-storey 595,000 sq. Ft. Office Middle Charleston is called, because the company wants to build just off Charleston Park.

According to the Google application has been submitted to local government in Mountain View, which will house not only offices but also a 72,000 sq. Ft. Of retail space and retail services, as well as underground parking.

The original plans had a series of "canopylike buildings' of Heatherwick Studio, a design firm in London known for works such as the cauldron of fire in the 2012 Olympics, and Bjarke Ingels, a Danish architect known for his innovative designs.

LinkedIn expects to expand its current headquarters and build new facilities to accommodate its growth

LinkedIn expects to expand its current headquarters and build new facilities to accommodate their growth

Google's current headquarters, which will be expanded in the coming years, is seen

current headquarters of Google, which will be expanded in the coming years, is seen

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