G
oogle is making significant changes to its San Francisco office footprint. As the tech giant prepares to leave 320,000 square feet at One Market Plaza, it has signed a lease to expand its Hills Plaza campus by 134,000 square feet, bringing its total space there to 550,000 square feet. This move comes as Google announced plans to vacate One Market Plaza by April and shift workers to the nearby Hills Plaza.

    The expansion is a win for Morgan Stanley Real Estate, which owns the property. The company had purchased Hills Plaza over two decades ago for $197 million. Other notable tenants at the campus include the San Francisco Wharton School of the University of Pennsylvania.

    Google's decision to vacate One Market Plaza will result in a net loss of 186,000 square feet from its San Francisco offices. This move is part of Google's efforts to shrink its real estate footprint in the city, which began three years ago. The company has also exited offices leased from WeWork and renewed leases for smaller spaces elsewhere.

    Google maintains a significant presence in San Francisco, with an estimated 1.4 million square feet of office space across various locations, including Hills Plaza, Landmark at One Market, 101 Spear Street, One Maritime Plaza, the Ferry Building, and 188 The Embarcadero.