Tag Archives: 21B

Oxford Properties Completes $2.1B Sale of St. John’s Terminal to Google in Hudson Square, Manhattan

Oxford Properties Completes $2.1B Sale of St. John’s Terminal to Google in Hudson Square, Manhattan

550 Washington Street. Photo by Michael Young By: Sebastian Morris 7:00 am on April 24, 2022 Oxford Properties has sold St. John’s Terminal to Google for $2.1 billion. Located at 550 Washington Street in Hudson Square, the terminal property is designed by COOKFOX and developed by Oxford Properties and will serve as the anchor of Google’s new corporate campus, which comprises 1.7 million square feet along with two additional sites at 315 Hudson Street and 345 Hudson Street. Google’s… Source link

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Oxford Properties Completes $2.1B Sale of St. John’s Terminal to Google in Hudson Square, Manhattan

Oxford Properties Completes $2.1B Sale of St. John’s Terminal to Google in Hudson Square, Manhattan

550 Washington Street. Photo by Michael Young By: Sebastian Morris 7:00 am on April 24, 2022 Oxford Properties has sold St. John’s Terminal to Google for $2.1 billion. Located at 550 Washington Street in Hudson Square, the terminal property is designed by COOKFOX and developed by Oxford Properties and will serve as the anchor of Google’s new corporate campus, which comprises 1.7 million square feet along with two additional sites at 315 Hudson Street and 345 Hudson Street. Google’s… Source link

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Google Shatters Pandemic Record in $2.1B Office Purchase

A rendering of St. John’s Terminal with Google CEO Sundar Pichai (COOKFOX Architects, Getty) Google announced Tuesday it was expanding its office inventory in the city with the purchase of 550 Washington Street for $2.1 billion. The tech giant already leased space at the property, called St. John’s Terminal, from Oxford Properties, the Wall Street Journal reported, and will be exercising an option to buy the building, which the company said it expects to do in the first quarter of… Source link

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5 things to know about Google’s $2.1B Fitbit acquisition

Google on Thursday closed its acquisition of wearables company Fitbit, despite an ongoing investigation by the Justice Department. Here are five things to know about the $2.1 billion deal: 1. Google, which posted $46 billion in revenue for 2020’s third quarter, in November 2019 announced plans to acquire Fitbit for $7.35 per share in cash, paying an estimated $2.1 billion in total to stockholders. The deal could hint at Google’s larger ambitions in healthcare, as the company has been building… Source link

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Google closes $2.1B acquisition of Fitbit as Justice Department probe continues

Google has closed its deal to buy Fitbit, the tech giant announced Thursday. The company announced in November 2019 plans to acquire the fitness tracking company to bolster its wearable capabilities. Google said it would acquire Fitbit for $7.25 per share in cash, valuing the company at $2.1 billion. Fitbit launched in 2007 and was considered a pioneer of the consumer fitness tracking market, quickly becoming the market leader. Other players have since entered the market including Apple,… Source link

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