Apple has added another major property to its Bay Area holdings, purchasing a Sunnyvale office campus for $350 million. The acquisition includes two large buildings located at 615 and 625 North Mathilda Avenue, just seven miles from Apple Park.
This marks Apple’s second major real estate deal in Santa Clara County within the same week. Combined with its earlier $160 million buyout of the Tantau office complex in Cupertino, the tech giant has spent over half a billion dollars on property in just a few days.
Space for Growth and Innovation
The newly acquired Sunnyvale site spans over 380,000 square feet and could house between 1,500 and 1,900 employees. Apple had been leasing the property before finalizing the purchase, a common practice for the company when expanding long-term operations.
Kristina Raspe, Apple’s Vice President of Global Real Estate and Facilities, emphasized the company’s deep roots in the region. “The Santa Clara Valley has been home to Apple for more than 40 years,” she said. “We’re proud to continue investing in world-class facilities for our teams here.”
The move reflects Apple’s continued focus on maintaining a strong local presence while supporting its growing workforce and expanding product development.
Consistent with Apple’s Real Estate Strategy
This isn’t the first time Apple has turned leases into permanent ownership. In 2022, the company purchased another longtime Cupertino property it had rented since before Apple Park opened. By owning strategic office locations, Apple strengthens its flexibility and secures critical infrastructure for future innovation.
Despite industry trends where some tech firms are scaling back on office space, Apple is clearly doubling down on its commitment to in-person collaboration and Silicon Valley development.
