Google pays $138M for new campus property in Boulder

BOULDER — Google Inc. has paid nearly $138 million in two transactions toward its new campus in Boulder.

The Mountain View, Calif.-based company earlier this month paid $130,944,000 for a 3-acre lot and two buildings at the southwest corner of Pearl and 30th streets, and in January had paid $7,014,000 for an adjacent 1.3-acre lot still to be developed.

Google bought the property from Glendale-based Forum Real Estate Group that used the entity Pearl Place Phase I Vertical LLC, which recently was merged with Pearl Place Associates LLC, to make the transaction, according to Boulder…