MILAN—Google is taking more than 50,000 square feet (5,000 square meters), for its Italian offices at the Porta Nuova, mixed-use development managed by Hines Italia SGR.
Google will consolidate its Italian operation in the Porta Nuova Isola building, an 11-story, 10,000-square-meter (107,600-square-foot) office building that is part of Porta Nuova, one of the largest urban redevelopments in Europe.
With the signing of the Google lease, the office building at Porta Nuova Isola is now 80% leased to Google and Pandora Jewelry.
“Following the recent partnership in Porta Nuova with sovereign fund Qatar Holding, Google’s relocation of its Italian headquarters to Porta Nuova confirms the unique and innovative character of this major urban redevelopment project,” said Manfredi Catella, CEO of Hines Italia. “The area is quickly emerging as a new vital hub for Italy’s economy and future.”
Joe Borrett, director of real estate and construction (EMEA) for Google, said, “We are excited that this move to Porta Nuova will enable us to locate all our Milan team in a single office.”
Designed by William McDonough + Partners, the office building optimizes the workplace environment through efficient floor plates and core layout, natural ventilation, access to the outdoors through a series of exterior terraces, and a high-performance window glazing system that maximizes views and transparency while minimizing heat gain. The building envelope is expected to achieve LEED Gold certification, while the office spaces will comply with the guidelines for LEED Commercial Interiors.
Google’s corporate culture of environmental sensitivity and social responsibility fits perfectly with the philosophy of the project and the history of the surrounding neighborhoods, the developers said in a release announcing the deal.
Hines is a leading independent manager of real estate investment funds on behalf of Italian and international institutional investors. Porta Nuova is a mixed-use development containing 360,000 square meters (3.8 million square feet) including office, residential, retail and cultural venues.