While writing my article on cloud storage I had to research the ability to place certain sharing folders in certain locations. I did find that you can indeed move the default installation locations for both  DropBox and Google Drive folders.

DropBox:

1. Click on the Dropbox icon from your menu bar or system tray. Select Preferences
2. Click the Advanced tab.
3. Select new desired folder location from the drop-down menu labeled Dropbox location
4. Let Dropbox move your folder and its contents to its new location.

Google Drive:

1. Simply move the Google Drive folder with your File Browser/Finder.
2. Click the Google Drive icon in your computer’s toolbar or system tray.
3. Select “Error – local Google Drive folder is missing.”
4. Click Locate folder…
5. Select your folder in its new location and click Open.
6. Google Drive will reconnect.