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December 6, 2019
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BAY AREA NEWS
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Apple Spends $290 Mil on Two Office Properties in Cupertino

8/21/19

Apple has closed on the purchase of two Silicon Valley office properties for $290 mil. The buildings, Cupertino City Center 1 and Cupertino City Center 2, are located within the Cupertino City Center district at the corner of Stevens Creek Blvd and Torres Ave.

The two buildings, one with 168k sf and the other with 146k sf, total 314k sf of space. The immediate City Center district consists of residential and office properties, along with restaurants and a hotel.

Apple maintains a major presence in Cupertino, employing about 24,000 people in the city. It is home to the company’s Apple Park HQ property. The firm also has substantial real estate holdings in neighboring Sunnyvale and North San Jose.





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