Google LLC Leases Molinari-Martinelli Farm Near Mountain View HQ For 35 Years

The Molinari-Martinelli property located at 1851 Charleston Road in Mountain View has been leased by Google LLC for a period of 35 years. The property, spread across 1 acre, was originally a farmstead and will now be converted into a parking lot as part of Google's expansion plans for their North Bayshore campus. The lease agreement is valued at approximately $3 million.

Summary of transaction details

• Property Type: Farm
• Transaction Amount: $3 million
• Address: 1851 Charleston Road, Mountain View
• Market: Mountain View
• Tenant: Google LLC
• Landlord: Molinari-Martinelli Family - Leonard Martinelli
• Lease Terms: 35 years

This lease agreement between Google and the Molinari-Martinelli Family highlights Google's commitment to expanding their presence in Mountain View. With the conversion of the former farmstead into a parking lot, Google aims to accommodate the growing needs of their North Bayshore campus. This strategic move will contribute to the company's continued success in the area.