Applied Materials property buying binge in South Bay tops $400 million with new deal

Applied Materials property buying binge in South Bay tops $400 million with new deal

SUNNYVALE — Applied Materials has added a Sunnyvale property in a South Bay buying spree that now tops $400 million as it looks to build a new tech complex. According to documents filed on July 15 with the Santa Clara County Recorder’s Office, the tech company paid $25.1 million for an office and research building at 999 East Arques Ave. The deal shows Applied Materials is assembling a growing number of properties in the Sunnyvale area. In recen…

Applied Materials Buys 32,250 SQFT Office and Research Building in Sunnyvale for $25.1MM - The Registry

By The Registry Staff A leading semiconductor equipment manufacturer is continuing to expand its holdings in Sunnyvale. Applied Materials, a global leader in equipment and software for the semiconductor industry, has significantly expanded its real estate holdings in Sunnyvale with the recent acquisition of an office and research building for $25.1 million, or about $778 […] The post Applied Materials Buys 32,250 SQFT Office and Research Buildin…