Sundar Pichai Of Google Acquires Mixed-Use Property In Goleta For $32.5 Million

Google acquired a mixed-use property located at 153 Castilian Drive in Goleta, California, for $32.5 million. The asset encompasses a total area of 83,356 square feet situated on a 5-acre site, featuring office, research and development, and light industrial space.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $32,500,000
• Square Footage: 83,356
• Price per Square Foot: $390
• Buyer: Sundar Pichai - Google
• Seller: Kenny Slaught - Investec Real Estate Cos.
• Market: Goleta, CA

Sundar Pichai represents Google in this transaction, facilitating the expansion of the company's operations in proximity to the Santa Barbara Research Park. Kenny Slaught, representing Investec Real Estate Cos., completed the sale, transferring ownership of the property which supports Google's ongoing initiatives in quantum computing in collaboration with UC Santa Barbara.