Google plans to invest $13 billion in US real estate

Firm has announced major expansion in 14 states

Google plans to invest $13 billion in US real estate

Google is investing heavily in commercial real estate assets across the US it said Wednesday.

The firm will expand across 14 states with data centers and offices, bringing its geographical coverage to 24 states with data centers in 13 communities.

The expansion is expected to provide a boost to both residential and commercial real estate in the areas named through jobs creation and businesses wanting to be where Google is.

In a blog post announcing the $13 billion investment, CEO Sundar Pichai wrote that the expansion “will give us the capacity to hire tens of thousands of employees and enable the creation of more than 10,000 new construction jobs in Nebraska, Nevada, Ohio, Texas, Oklahoma, South Carolina and Virginia.  

Google will expand faster outside the Bay Area than within it for the second consecutive year.

The expansion includes new Ohio and Nebraska data centers and larger offices in Wisconsin; new facilities and a doubling of the workforce in Virginia and Georgia; and expansion in New York, Massachusetts, Washington, DC, and Nevada.