Google Acquires 7.6 Acres Of Land In Goleta For $16.8M

Google has purchased 7.6 acres of land located at 355 Coromar Drive in Goleta, near the University of California, Santa Barbara, for a total sale price of $16,800,000. The land, previously entitled for a 95,000-square-foot facility, may be developed into a quantum computing research and development center, complementing Google's existing Quantum AI campus in Santa Barbara County.

Summary of transaction details

• Property Type: Land
• Transaction Amount: $16,800,000
• Address: 355 Coromar Drive, Goleta
• Market: Goleta
• Acres: 7.6

The buyer in the transaction is Google, represented by Sundar Pichai. The seller consists of two entities, ARKA Properties Group represented by Michael Kaplan, and RAF Pacifica Group represented by Adam Robinson.