{"id":1004107390,"date":"2014-11-12T10:53:48","date_gmt":"2014-11-12T18:53:48","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=306386"},"modified":"2022-12-07T21:12:28","modified_gmt":"2022-12-08T05:12:28","slug":"nasa-announces-lease-deal-turning-over-moffett-field-to-google-controlled-planetary-ventures-2","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/nasa-announces-lease-deal-turning-over-moffett-field-to-google-controlled-planetary-ventures-2\/","title":{"rendered":"NASA Announces Lease Deal Turning Over Moffett Field to Google-Controlled Planetary Ventures"},"content":{"rendered":"<p class=\"MsoNormal\"><em>By Alex Girda, Associate Editor<\/em><\/p>\n<p class=\"MsoNormal\">Moffett Field and the iconic Hangar One are set to be saved by Google, as the tech giant recently agreed to invest around $200 million at the property. Additionally, the airfield will be used in Google\u2019s various ventures including space exploration research, aviation and robotics. The company\u2019s subsidiary, Planetary Ventures, has signed an agreement with NASA that will let the company manage Moffett Federal Airfield(MFA) in Moffett Field, CA. The agreement was closed for a period of six decades and would mean that the Google-controlled entity will pay NASA a total of $1.16 billion in rent.<\/p>\n<p class=\"MsoNormal\">The move was greeted with great support fro<a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/11\/hangar-one.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-306411\" title=\"hangar one\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/11\/hangar-one.jpg\" alt=\"\" width=\"300\" height=\"225\" \/><\/a>m the community, most voicing their approval regarding Google\u2019s takeover of Moffett Field and Hangars One, Two and Three. Moffett Field is currently maintained by NASA\u2019s Ames Research Center in Moffett Field, and includes 1,000 acres of land in South San Francisco Bay. Apart from the three hangars, the property also features an airfield flight operation building, two runways and a private golf course.<\/p>\n<p class=\"MsoNormal\">Moffett Field has meant something to Google for some time now, being the parking lot for the fleet owned by founders Larry Page and Sergey Brin. According to the <em>San Jose Mercury News<\/em>, the company also has a long-term lease at Moffet Field where it plans on building an office asset on 42 acres, one that is independent from the deal in question. The lease was approved by the U.S. General Services Administration and NASA, who chose Planetary Ventures as the preferred party this February. Leasing negotiations have been going on ever since, a press release announcing the deal noted this month.<\/p>\n<p class=\"MsoNormal\">Hangar One is currently one of the largest freestanding structures, with a total area of around eight acres. The facility was built back in 1931 with the purpose of hosting naval airships. Around seven decades later, it was discovered the roof of the structure was contaminated with dangerous chemicals. The hangar was then stripped of its coating, and was awaiting refurbishment. Hangar One will be re-skinned as a result of the agreement with Google.<\/p>\n<p><span style=\"color: #ffffff;font-family: Arial;font-size: 12px;font-style: normal;font-variant: normal;font-weight: normal;letter-spacing: normal;line-height: 16px;text-align: left;text-indent: 0px;text-transform: none;float: none;background-color: #545454\">Photo Credit: NASA Ames Research Center<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Moffett Field and the iconic Hangar One are set to be saved by Google, as the tech giant recently agreed to invest around $200 million at the property. Additionally, the airfield will be used in Google&rsquo;s various ventures including space exploration research, aviation and robotics. The company&rsquo;s subsidiary, Planetary Ventures, has signed an agreement with NASA that will let the company manage Moffett Federal Airfield(MFA) in Moffett Field, CA. The agreement was closed for a period of six decades and would mean that the Google-controlled entity will pay NASA a total of $1.16 billion in rent.<\/p>\n","protected":false},"author":237,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21742,1609],"tags":[],"class_list":["post-1004107390","post","type-post","status-publish","format-standard","hentry","category-latest","category-san-francisco"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>NASA Announces Lease Deal Turning Over Moffett Field to Google-Controlled Planetary Ventures - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/nasa-announces-lease-deal-turning-over-moffett-field-to-google-controlled-planetary-ventures-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NASA Announces Lease Deal Turning Over Moffett Field to Google-Controlled Planetary Ventures\" \/>\n<meta property=\"og:description\" content=\"Moffett Field and the iconic Hangar One are set to be saved by Google, as the tech giant recently agreed to invest around $200 million at the property. Additionally, the airfield will be used in Google&rsquo;s various ventures including space exploration research, aviation and robotics. The company&rsquo;s subsidiary, Planetary Ventures, has signed an agreement with NASA that will let the company manage Moffett Federal Airfield(MFA) in Moffett Field, CA. The agreement was closed for a period of six decades and would mean that the Google-controlled entity will pay NASA a total of $1.16 billion in rent.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/nasa-announces-lease-deal-turning-over-moffett-field-to-google-controlled-planetary-ventures-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2014-11-12T18:53:48+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T05:12:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2014\/11\/hangar-one.jpg\" \/>\n<meta name=\"author\" content=\"Anca Gagiuc\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/nasa-announces-lease-deal-turning-over-moffett-field-to-google-controlled-planetary-ventures-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/nasa-announces-lease-deal-turning-over-moffett-field-to-google-controlled-planetary-ventures-2\\\/\"},\"author\":{\"name\":\"Anca Gagiuc\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/340a1a5e8e7dd137bd91ca1dd3a2e9d7\"},\"headline\":\"NASA Announces Lease Deal Turning Over Moffett Field to Google-Controlled Planetary Ventures\",\"datePublished\":\"2014-11-12T18:53:48+00:00\",\"dateModified\":\"2022-12-08T05:12:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/nasa-announces-lease-deal-turning-over-moffett-field-to-google-controlled-planetary-ventures-2\\\/\"},\"wordCount\":368,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/nasa-announces-lease-deal-turning-over-moffett-field-to-google-controlled-planetary-ventures-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2014\\\/11\\\/hangar-one.jpg\",\"articleSection\":[\"News\",\"San Francisco\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/nasa-announces-lease-deal-turning-over-moffett-field-to-google-controlled-planetary-ventures-2\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/nasa-announces-lease-deal-turning-over-moffett-field-to-google-controlled-planetary-ventures-2\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/nasa-announces-lease-deal-turning-over-moffett-field-to-google-controlled-planetary-ventures-2\\\/\",\"name\":\"NASA Announces Lease Deal Turning Over Moffett Field to Google-Controlled Planetary Ventures - 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