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3w ago

Apple Buys Two Cupertino Offices for $216 Million in All‑Cash Deal

The deal converts long‑leased space into owned assets, signaling a long‑term commitment to the South Bay.

Apple-owned office buildings at 19319 and 19339 Stevens Creek Boulevard in Cupertino. (Google Street View)

Overview

  • County documents show the purchase was recorded on Dec. 11 for buildings at 19319 and 19339 Stevens Creek Blvd. in Cupertino.
  • The properties total about 266,500 square feet, with roughly 136,600 square feet at 19319 and 129,900 square feet at 19339.
  • Apple had occupied the buildings for years under leases from a Peter Pau–led affiliate and now owns the space.
  • The buy lifts Apple’s 2025 Santa Clara County real estate spending to about $1.1 billion and pushes total additions past 1.5 million square feet of office and lab space, according to the company.
  • The move extends a series of 2025 acquisitions that included campuses from PGIM, Jay Paul Co., and Kilroy Real Estate, with Cushman & Wakefield’s Erik Hallgrimson and Brandon Bain listed as leasing agents for the Stevens Creek properties.