Google’s parent company sets its sights on St. John’s Terminal: report

Oxford is redeveloping the warehouse

TRD New York /
Oct.October 30, 2018 08:30 AM

A rendering of St. John’s Terminal at 550 Washington Street and Alphabet CEO Larry Page (Credit: Wikipedia)

Less than a year after the tech giant bought the Chelsea Market building, Google’s parent company is eyeing space at St. John’s Terminal.

Alphabet is considering space at St. John’s Terminal at 550 Washington Street, according to the New York Post. Oxford Properties Group is redeveloping the former rail warehouse into a 1.3 million-square-foot office building.

Details of what Alphabet would potentially want to do with the space — and how much the company is looking to take — weren’t immediately available. Earlier this year, Google agreed to buy the Chelsea Market building for more than $2 billion. The company’s acquired more than $4 billion of real estate in New York City alone and already leases space at 111 Eighth Avenue, 75 Ninth Avenue and Pier 57.

In March, The Real Deal mapped out Alphabet’s $14.5 billion in real estate assets. [NYP]— Kathryn Brenzel


Related Articles

arrow_forward_ios
20 West 33rd Street (20West33rd)

Furnishing firm picks up 4 condos at 60 Guilders, Carlyle’s Midtown South project

Furnishing firm picks up 4 condos at 60 Guilders, Carlyle’s Midtown South project
Bank OZK CEO George Gleason (Unsplash; Bank OZK)

Bank OZK’s lending up in third quarter

Bank OZK’s lending up in third quarter
Gap CEO Sonia Syngal (Getty)

Gap Inc. will close 350 stores and exit malls entirely

Gap Inc. will close 350 stores and exit malls entirely
Steve Cohen and Citi Field (Getty)

Citi Field lease clause could stymie billionaire’s quest for the Mets

Citi Field lease clause could stymie billionaire’s quest for the Mets
Consumers are using streaming services more than ever, and data center real estate is booming (iStock)

Real estate for data centers is having a moment

Real estate for data centers is having a moment
Paul Manafort and Manhattan district attorney Cyrus Vance, Jr. (Getty)

Manafort mortgage-fraud case dismissed, again

Manafort mortgage-fraud case dismissed, again
Howard Hughes’ Saul Scherl and a rendering of 250 Water Street (Getty, The Howard Hughes Corporation/SOM)

Howard Hughes to launch review process for $1.4B Seaport tower

Howard Hughes to launch review process for $1.4B Seaport tower
Data on third quarter CRE investments suggests a nationwide improvement, but Manhattan has been slow to recover (iStock)

NY falls behind Dallas, LA in CRE investment as deals surge nationwide

NY falls behind Dallas, LA in CRE investment as deals surge nationwide
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...