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Google nears $2 bln deal to buy NY building-paper
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[url=/article/2010/10/27/google-building-idUKSGE69Q09V20101027]Article[/url]
Google nears $2 bln deal to buy NY building-paper
Wed Oct 27, 2010 7:22am BST
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Oct 27 (Reuters) - Google Inc (GOOG.O) is nearing a deal to
buy the 111 Eighth Avenue building in Manhattan for about $2
billion, the New York Post said.
The 18-story building has about 2.9 million square feet of
space and covers an entire city...
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[url=/business/deals/regulatory]Regulatory News »[/url]
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<span class="articleLocation">Oct 27 (Reuters) - Google Inc (GOOG.O) is nearing a deal to
buy the 111 Eighth Avenue building in Manhattan for about $2
billion, the New York Post said.
The 18-story building has about 2.9 million square feet of
space and covers an entire city block,Gafas Oakley hebingnike_11778, the Post said. Current
tenants include Google,Cheap Knockoff Oakleys, Barnes & Noble Inc (BKS.N) and Nike Inc
(NKE.N).
The group of sellers includes Taconic Partners, Jamestown
and the New York State Common Retirement, the paper said.
Google is looking to engage top real estate law firms to
represent the company in the building deal, the Post said citing
sources. It said the deal could still change or fall apart and
it could not be determined if a contract has been signed.
The company could not immediately be reached for comment by
Reuters outside regular U.S. business hours.
(Reporting by Anand Basu in Bangalore; Editing by David Holmes)
FILED UNDER:
[url=/business/deals/regulatory]Regulatory News[/url]
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