Google to build its own (expensive) office space

There’s an investment theory out there that says one of the signs that a company has reached its height is when it starts building expensive new offices.

The company will spend top-dollar to accommodate all those “Nooglers,” as the company calls its new recruits. Google GOOG is planning a cutting-edge environmentally friendly design and has agreed to pay the city of Mountain View $30 million to lease 9.4 acres near Shoreline Boulevard, one of the highest prices ever for land in that section of the city.

via Google to build its own office space – San Jose Mercury News.

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