Google agreed to pay more than $2 billion for Chelsea Market, a onetime Nabisco cookie factory across Ninth Avenue from the tech giant’s New York headquarters, a person with knowledge of the transaction said.
The seller of the 1.2 million-square-foot (111,500-square-meter) property is Jamestown LP, an Atlanta-based real estate investment firm, according to the person, who asked not to be identified because the transaction hasn’t been made public. A closing is expected in April, according to the Real Deal, which reported on the pending sale earlier Tuesday.