Since January 2020, Google’s parent company Alphabet has spent nearly $100M on expanding its U.S. commercial real estate portfolio, including a $28.5 million office it bought in Sunnyvale, CA. at the height of the pandemic.
More recently, Alphabet announced in January it would spend $1 billion for a campus-like office setting in London.“We’ll be introducing new types of collaboration spaces for in-person teamwork, as well as creating more overall space to improve wellbeing,” Ronan Harris, managing director of Google UK wrote in a blog post. “We’ll introduce team pods, which are flexible new space types that can be reconfigured in multiple ways, supporting focused work, collaboration or both, based on team needs. The new refurbishment will also feature outdoor covered working spaces to enable work in the fresh air.”