Alphabet unit pays $29.1 million for 1,210 acres a few miles south of Tesla’s battery ‘gigafactory’
By Jack Nicas in San Francisco and Jim Carlton in Reno, Nev. | The Wall Street Journal
Tesla Inc.’s “gigafactory” has a big new neighbor: Google.
Google last week bought land stretching across 1,210 acres at a private industrial park east of Reno, Nev., for $29.1 million, according to people familiar with the deal and documents filed late Friday in Storey County, Nev.
The Alphabet Inc. GOOGL 1.70% unit aims eventually to build a data center at the 107,000-acre Tahoe Reno Industrial Center, according to these people. Google, which made the deal through a subsidiary called Silver Slate LLC—created in Delaware in August—has no immediate plans to build, according to a person close to the company.
