Updated: Google Exits Bay Area Office Campus With 1.4 MSF Sale
The buyer now owns nine of the park's 11 buildings.

Google has sold its nine buildings within Pacific Shores Center, an office campus in Redwood City, Calif., to Farallon Capital Management, according to Yardi Matrix. The portfolio encompasses almost 1.4 million square of office space and an amenity center.
The collection that changed hands includes 1100-1900 Seaport Blvd., while 2000 and 2100 Seaport Blvd., the remaining two office properties in the campus, continue to be owned and occupied by Informatica. All the park’s buildings serve as offices, with the exception of 1100 Seaport Blvd., which is a community/amenity center.
Located along Seaport Boulevard and near the Port of Redwood City and U.S. Route 101 in Silicon Valley, Pacific Shores Center came online in 2001 and its name has been, for a long time, synonymous with Google, which has held a big footprint in the campus going back more than a decade. Google first acquired seven of the campus’ structures from Perform Properties in 2014, when it shelled out $585 million. It subsequently acquired two other buildings in 2018, from DivcoWest.
READ ALSO: Return-to-Office Growth Slows in April
Amid the ongoing hybrid revolution, Google has been heavily scaling back its real estate footprint, announcing two years ago that it planned to save $640 million by cutting back on office, according to The Real Deal. Last year, the tech giant listed for rent almost 413,000 square feet of office space in Pacific Shores Center, via CBRE, the publication also shows. As of publishing, the brokerage was still advertising some 500,000 square feet of office space in the campus, across four buildings.
Bay Area among top office markets for sales
Year-to-date through March, the Bay Area was one of the top metros for office transactions, with $763 million in sales, according to a recent report.
The Bay Area’s average price reached $295 per square foot, above the national average of $202 but well below nearby San Francisco’s market-leading $868 per square foot. Manhattan led sales volume with $1.8 billion, followed by Miami ($892 million), Dallas ($859 million) and San Francisco ($754 million).
Note: A previous version of this article stated that Google sold only three buildings within Pacific Shores Center, and that the current sale involved DivcoWest as the seller of an additional structure. This and several other details have been corrected on May 22, 2026.




You must be logged in to post a comment.