[chris08876]

Google plans $13B in cross-country real estate investment

Despite Amazon’s ongoing HQ2 drama, fellow technology industry titan Google is planning to invest more than $13 billion in data centers and offices across the country, CEO Sundar Pichai wrote in a blog post. The investment will include expansions in 14 states and is expected to create more than 10,000 new construction jobs, Pichai said. Google is slated to have locations in two dozen states by the end of 2019. The company, a unit of the Alphabet conglomerate, spent approximately $2.5 billion in 2018 opening or expanding data centers in Alabama, Oklahoma, Oregon, Tennessee and Virginia. Google, which paid $2.5 billion in cash last year to acquire the Chelsea Market building in Manhattan, is also planning to invest $1 billion in a new campus in the city.

==============
https://therealdeal.com/2019/02/15/n...survives-more/