Google close to €120m purchase of Treasury Building

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Google set to purchase Treasury Building for €120m

More recently, Google agreed a €300 million deal in 2018 to acquire the entire Bolands Quay scheme. Upon completion, it will comprise 36,851sq m of office, residential, retail and cultural space, and be capable of accommodating up to 2,500 workers.

Google’s employees are also based at the Grand Mill Quay building, the Velasco building on Grand Canal Street, and over several floors at businessman Denis O’Brien’s offices at One Grand Canal Quay. The company also has offices in Block L at Freeman House in EastPoint Business Park, and at the Chase and Blackthorn buildings at Sandyford in south Dublin.

Quite apart from its intended purchase of the Treasury Building, Google is also in negotiations currently in relation to the rental of all 202,000sq ft of space at the Sorting Office, the seven-storey office block being developed in the Dublin docklands by Pat Crean’sGroup. Should a deal be agreed, the accommodation at the Sorting Office would provide Google with enough room for up to 2,000 personnel.

Outside of its main Dublin campus, the company agreed a deal recently to lease 7,000sq m of office space at the newly-developed Block I building at Central Park in Sandyford, Dublin 18. The property, which was acquired recently by UK-headquartered Henderson Park as part of its overall €1.34 billion purchase of Green Reit, will provide Google with the capacity for a further 750 workers.

 

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