Advertising

The Seattle Times Company

NWjobs | NWautos | NWhomes | NWsource | Free Classifieds | seattletimes.com

The Seattle Times

Business / Technology


Our network sites seattletimes.com | Advanced

Originally published May 18, 2007 at 12:00 AM | Page modified May 18, 2007 at 6:46 PM

E-mail article     Print view

Google takes space in Fremont for expansion

Google is taking on additional office space in Seattle's Fremont neighborhood. Google, based in Mountain View, Calif., plans to sublease about...

Seattle Times business reporter

Google is taking on additional office space in Seattle's Fremont neighborhood.

Google, based in Mountain View, Calif., plans to sublease about 60,000 square feet from Getty Images at the Waterside Building on North 34th Street.

That amount of space would accommodate about 240 workers, according to commercial real-estate brokers.

Google now has an engineering center in Kirkland and sales offices at another building on North 34th Street in Fremont. The new space will be used for additional R&D engineers, said Sunny Gettinger, a Google spokeswoman. She declined to say how many people Google plans to add in Fremont.

"Seattle is just very rich in engineering talent, We're running out of space in our other offices there, and we're continuing to grow," Gettinger said.

Getty said in a regulatory filing Friday that the sublease will run for six years beginning June 1. Getty said it expects annual rental payments to average $1.8 million over the six years.

The sublease agreement, reached Monday, must still be approved by Getty's landlord.

In October, Getty announced a "realignment plan" that included job cuts and the consolidation of some leased offices. As a result, Getty took a $4.9 million loss on leased offices in Seattle. Getty now expects to reduce that loss by about $900,000 in the second quarter ending June 30, thanks to its sublease with Google.

Brokers said they heard last year that Google planned to lease most of Tower 333, a 20-story office building under construction in downtown Bellevue. But brokers said those plans are no longer in the works.

"For now they seem to be growing on both sides of Lake Washington in very attractive submarkets," said Oscar Oliveira, a broker with Colliers International.

Amy Martinez: 206-464-2923 or amartinez@seattletimes.com

Copyright © 2007 The Seattle Times Company

More Business & Technology headlines...

E-mail article Print view      Share:    Digg     Newsvine

advertising

The local, public face of Chase, Phyllis Campbell is trading on trust

10 investing missteps to avoid

Sunday Buzz: Boeing fighter to run on biofuel; Mastro bankruptcy trustee keeps job

On the Economy: Washington state has to play the add-value card, not low-cost-leader ace

How do innovators think?

Advertising

Video

Mourners gather at KeyArena for slain officer's memorial
Mourners gathered at KeyArena for the memorial service of Seattle police Officer Timothy Brenton on November 6, 2009.

Procession for slain SPD officer
Election Night: Approve R-71
Election Night: Reject R-71
Election Night: Joe Mallahan
Election Night: Mike McGinn
Election Night: Susan Hutchison
Election Night: Dow Constatine
Candlelight vigil for Officer Brenton
Flying Elephant on Aurora

Marketplace

nwautos

2009's most fuel-efficient sedansnew
Choosing a new sedan? Weigh the impact of your choice on your wallet and on the planet.
Post a comment

Open Houses

Find this weekend's open house listings.
Or search by location:

 
Most read
Most commented
Most e-mailed
 
 
Advertising