With the U.S. Department of Justice ending its antitrust review of Google’s $32 billion acquisition of Israeli cyber company Wiz, the tech giant is accelerating its preparations for the deal’s completion. Calcalist has learned that Google is in advanced negotiations to lease an additional 25,000 square meters in the ToHa 2 tower, currently under construction in Tel Aviv by real estate companies Gav-Yam and Amot. The new space is expected to house Wiz employees who are slated to join Google toward the end of 2026, assuming the remaining regulatory approvals for the deal are granted.
This prospective lease follows what is considered the largest commercial real estate transaction ever signed in Israel: Google’s agreement to lease 60,000 square meters in ToHa 2. That deal, finalized during the height of the war in the summer of 2024, is estimated at 115 million shekels (approximately $36M) per year and includes several hundred parking spaces. It was signed for a ten-year term with a one-time exit option after five years. Notably, the original agreement with Gav-Yam and Amot was completed long before Google announced its acquisition of Wiz in March 2025, the biggest acquisition in the company’s history. Google is expected to move into the new tower in early 2027.
If the Wiz deal proceeds as planned, it will close sometime in 2026. In recent weeks, the acquisition received its most critical approval: that of the U.S. Department of Justice. Regulatory approvals in Europe and additional jurisdictions, however, are still pending. Google intends to integrate Wiz’s cybersecurity technology into its cloud services, a move expected to significantly strengthen its position against Microsoft and Amazon in the cloud market.
ToHa 2 is located along the Yigal Alon corridor, adjacent to the existing ToHa Tower and near the HaShalom railway station. The 77-floor tower will span 160,000 square meters, with each floor covering 2,500-3,000 square meters. Google’s initial lease already covers around 24 floors, roughly one-third of the building. If the current negotiations conclude successfully, Google would gain roughly ten more floors, bringing its footprint close to half of the tower.
Google’s existing offices are largely concentrated in the nearby Electra Tower on Yigal Alon street, a much smaller complex totaling only 10,000 square meters. The company’s lease there expires in 2027, though it remains unclear whether Google will fully vacate that space. Google currently employs about 2,000 people in Israel. Following the acquisition of Wiz, which employs 1,800 workers globally, roughly half of them in Israel, Google is expected to add nearly 1,000 more employees. On the eve of the sale, Wiz was reportedly preparing to lease a five-floor, 5,000-square-meter building in the Sarona district to replace its current headquarters on Frishman street.
Google’s expansion comes amid a broader wave of growth by global tech giants in Israel, despite the region’s ongoing geopolitical instability. Nvidia is expected to announce the location of its major new northern campus in the coming weeks. According to Amit Krig, SVP software and NIC Product line at Nvidia and the head of its Israeli site, the company is growing by roughly 1,000 employees per year and may ultimately reach 10,000 employees in Israel.
Gav-Yam, Amot, and Google declined to comment.