Google to lease space in the former downtown Children's Museum

Aug 14, 2014
Austin Business Journal

Google Inc. has leased thousands of square feet at the iconic and historic former site of the Austin's Children's Museum at 201 Colorado St

Google spokeswoman Kelly Mason confirmed to Austin Business Journal that the lease for the 22,000-square-foot property has been signed but declined to provide any additional details about when Google will take occupancy and for what purpose. Mason said she’d be in Austin most likely in September and possibly could provide more details then

The property, built in 1922, has been vacant since late 2013 when the museum moved its operations to the Mueller master-planned community and changed its name to The Thinkery

Mountain View, California-based Google has been hard to pin down regarding its full intentions in Austin, though the company is working on plans to install Google Fiber and also performs other various corporate functions

CBRE Group Inc. represents Google and also had the listing for the museum property, though they declined to disclose any details about the transaction. Other brokers unassociated with the transaction said they were aware of the Google deal, but were unable to comment on the record

The Internet search giant also recently occupied two floors of the University Park office tower at 3300 N. I-35, but also declined to provide any details

According to records at the Travis Central Appraisal District, Google owns personal property at 9606 N. MoPac Expressway and at 101 W. Sixth St. downtown, where presumably they lease space

The land on which the former Children’s Museum is located is owned by Austin-based World Class Capital Group, but the building and ground lease is held by Austin-based Cypress Real Estate Advisors. The lease most likely is between Cypress and Google

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