Google Inc. is said to be pursuing additional office space in the Dublin Docklands, with the proposed purchase of the Treasury Building for more than €120 million and the under-construction Sharp Building at Hogan Place, the Irish Independent reported.
After wrapping up the €300 million acquisition of the entire Boland's Quay scheme, the technology giant is looking for more accommodation around its European headquarters on Barrow Street.
Google has been in talks with the owners of the Treasury Building on Grand Canal Street since February 2017, the paper added. At the same time, the company has considered buying the Hogan Place property, which is close to being delivered by the McGarrell Reilly Group.
Since 2003, the global web giant made over €1 billion of capital investments in Ireland. These include the acquisitions of its European headquarters, the Montevetro building and the Grand Mill Quay on Barrow Street for €100 million, €99 million and roughly €65 million, respectively.
Google is under contract to lease 51,096 square feet at the Velasco Building; 52,000 square feet at the Chase Building in Sandyford from Kennedy-Wilson Holdings Inc.; four floors at the Blackthorn Building from Irish Life; and space at Block L at Freeman House in East Point Business Park.
The company will further work on the €150 million extension to its second data center at Grange Castle in West Dublin.
