SAN FRANCISCO—Google Inc. has signed a long-term lease for part of a historic Navy air base, where it plans to renovate three large hangars and use them for projects involving aviation, space exploration and robotics.
The Internet company will pay $1.16 billion in rent over 60 years for the property, which also includes a working airfield, golf course and other buildings. The 1,000-acre site is part of the former Moffett Field Naval…
Article source: http://online.wsj.com/articles/google-signs-60-year-1-16-billion-nasa-lease-1415667432