Google's Sergey Brin Becomes Real Estate Mogul
(NBC) – Google co-founder Sergey Brin is now in the real estate business, quietly backing a real estate company that specializes in renovating and renting Los Altos commercial properties, it was reported Thursday.
The company, Passerelle Investment Co., is also known for helping to keep some existing storefronts in place and charging below-market rents, according to the Wall Street Journal. So far Passerelle has paid millions to buy about six commercial buildings in the last three years, including several family-oriented businesses.
