Google may get its futuristic new campus after all

RUMOR BUS

Google’s grand plans for a futuristic new campus in the North Bayshore district of Mountain View, CA may finally become a reality thanks to a new real estate deal struck with LinkedIn. According to the Silicon Valley Business Journal, the two tech companies came to an agreement on a property swap that puts to rest a longstanding feud over lucrative current and unused square footage in Silicon Valley. Google paid $215 million for the swap, while LinkedIn paid $331 million, the report states.

As part of the deal, LinkedIn will acquire two Google properties in Mountain View totaling 460,000 square feet, along with two building leases in Sunnyvale, CA comprising the former Palm Computing headquarters. Google, on the other hand, will get a 370,000-square-foot LinkedIn building in North Bayshore and LinkedIn’s valuable development property in the same district, which comes with the blessing of the Mountain View City Council…

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