Google is selling its buildings at the Pacific Shores Center, a former Redwood City campus, that has remained unoccupied since July 2024, county records show.
Three of the Pacific Shores Center buildings located on Seaport Boulevard were already sold for $45.6 million. Agreements to sell several others were also made, county documents show.
It is too early for Redwood City to assess the impact the sale may have on property tax revenue or other future revenue generation, Communications Manager Nick Mathiowdis said. However, the city is pleased with the “continued interest in major employment property within the city,” he said.
“We look forward to working with the property owners and any future tenants to support uses that contribute to Redwood City’s economic vitality and the vibrancy of the broader community,” Mathiowdis said.
The property was sold to a hedge fund, Farallon Capital Management. There is no information on who may rent the property at this time.
Google is committed to continuing its investment in the Bay Area, spokesperson Ryan Lamont said on behalf of the company.
Please purchase a Premium Subscription to continue reading.
To continue, please log in, or sign up for a new account.
We offer one free story view per month. If you register for an account, you will get two additional story views. After those three total views, we ask that you support us with a subscription.
A subscription to our digital content is so much more than just access to our valuable content. It means you’re helping to support a local community institution that has, from its very start, supported the betterment of our society. Thank you very much!
Only subscribers can view and post comments on articles.
Already a subscriber? Login Here
Join the San Mateo Daily Journal in Fiesta Hall at the Community Expo at the San Mateo County Fair! Read moreSan Mateo Community Expo at the Fair
Join New York Times bestselling author Caroline Paul for a lively discussion of her book Tou… Read moreBook Club with Author Caroline Paul
CA Is Burning said:
Success! An email has been sent to with a link to confirm list signup.
Error! There was an error processing your request.
Sorry, an error occurred.
Already Subscribed!
Cancel anytime
Thank you .
Your account has been registered, and you are now logged in.
Check your email for details.
Submitting this form below will send a message to your email with a link to change your password.
An email message containing instructions on how to reset your password has been sent to the email address listed on your account.
No promotional rates found.
Secure & Encrypted
Thank you.
Your gift purchase was successful! Your purchase was successful, and you are now logged in.
| Rate: | |
| Begins: | |
| Transaction ID: |
A receipt was sent to your email.
(0) comments
Welcome to the discussion.
Log In
Keep the discussion civilized. Absolutely NO personal attacks or insults directed toward writers, nor others who make comments.
Keep it clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
Don't threaten. Threats of harming another person will not be tolerated.
Be truthful. Don't knowingly lie about anyone or anything.
Be proactive. Use the 'Report' link on each comment to let us know of abusive posts.
PLEASE TURN OFF YOUR CAPS LOCK.
Anyone violating these rules will be issued a warning. After the warning, comment privileges can be revoked.