Apple Acquires yet Another Office Campus It Was Already Leasing

Apple acquires yet another office campus it was already leasing

Just days after finalizing a $166.9 million deal for the Cupertino Gate office complex, the company has closed another major acquisition.

Apple shells out US$350M to acquire yet another office campus it was already leasing

It's been a good week for Apple's real estate team. Just days after finalizing a $166.9 million deal for the Cupertino Gate office complex, the company has closed another major acquisition, pushing its South Bay real estate tab to over half a billion dollars in a single week. more . . .

Apple takes big bite with $167M office buy in Cupertino - The Real Deal - WiredFocus

Apple is doubling down on its longtime hometown of Cupertino with a new office purchase.  The trillion-dollar tech giant bought Cupertino Gateway, a three-building complex at 10200 North Tantau Avenue, for just over $166.9 million in cash, The Mercury News reported. PR Cupertino Gateway, an affiliate of PGIM, the asset management arm of Prudential Financial, offloaded the 220,700-square-foot property.  PGIM acquired the property from Gaw Capital…

Apple property shopping spree tops half-billion dollars in South Bay

SUNNYVALE — Apple has bought a big South Bay office campus for $350 million in a deal that means the tech titan has now spent well over a half-billion dollars on Santa Clara County real estate — just this week. The iPhone maker bought a two-building campus in Sunnyvale in the $350 million transaction, according to documents filed on June 26 with the Santa Clara County Recorder’s Office. Gathering areas and offices at Mathilda Commons, a two-buil…