Mountain View-based Google is continuing its quiet expansion into Palo Alto, with two new Stanford Research Park spaces joining the seven properties it purchased on East Meadow Circle in 2013.
Google's most recent lease is an office complex at 3400 Hillview Ave., where it's moving in Nest, the "smart" thermostat and smoke-alarm company acquired by Google earlier this year. Nest will soon occupy two of the complex's five buildings, according to building permits submitted to the city planning department this week.
The buildings are currently occupied by Nook, Barnes and Noble's electronic-book division.
Integral, a company that provides banks and other financial institutions with software for foreign trading and risk management, also currently operates out of the 3400 Hillview Ave. complex.
DES Architects + Engineers in Redwood City is listed as the project architect on a demolition permit application. The firm applied for the permit to knock down some interior non-structural walls for future improvements, according to project documents.
DES Architects + Engineers did not immediately respond to request for comment.
Though the office complex is on Stanford land, it is one of several Stanford Research Park properties that the university subleases to another entity, which in this case is commercial real estate firm CBRE. CBRE declined to comment on the new lease with Google.
"Stanford is excited that Google has decided to locate here in the research park again," said Tiffany Griego, director of asset management for Stanford Research Park.
"It's a really strong time, and there's a lot of interest in being located in Palo Alto," she added, citing the research park's 3 percent vacancy rate.
This spring, Google also quietly took over the second floor of 975 California Ave., another research-park property that Stanford subleases. Google applied for minor tenant improvements for the 27,000 square-foot-top floor in February; they were approved March 27, according to city planning documents.
Nest is currently located close by in the research park at 900 Hansen Way. The company makes smoke and carbon monoxide alarms and "learning" thermostats that can be programmed to one's schedule, controlled via a smartphone app and reputedly slash energy bills.
Google announced it planned to purchase the startup for $3.2 billion in January; the deal closed the next month.
Google did not return requests for comment on the new Palo Alto leases.