SUNNYVALE — Apple’s real estate shopping spree in the South Bay now tops $800 million with its recent purchase of a Sunnyvale campus in a deal that solidifies the iPhone maker’s presence in the region.
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According to documents filed on Sept. 25 with the Santa Clara County Recorder’s Office, Apple paid $365 million to buy an office campus near the corner of North Mathilda Avenue and West Maude Avenue in Sunnyvale.
With the latest deal, Apple has spent $881.9 million to purchase three Silicon Valley office hubs over a stretch of about three months. Two of the sites are in Sunnyvale and the other is in Cupertino, according to county real estate documents.
Here are some details of Apple’s purchases so far in 2025, according to county real estate records:
— On June 24, Apple paid $166.9 million for a three-building Cupertino office campus at 10200 North Tantau Ave. that totals roughly 220,700 square feet. PGIM, which manages real estate and other assets for Prudential Financial, sold the campus.
— On June 26, Apple paid $350 million for the Mathilda Commons office campus in Sunnyvale. The 382,500-square-foot two-building campus is at 615 and 625 North Mathilda Ave. Veteran real estate development firm Jay Paul Co. was the seller.
— The campus Apple bought this week totals 636,500 square feet. The addresses of the office buildings are 505 and 555 North Mathilda and 605 West Maude Ave. Kilroy Real Estate sold the property.
In all three instances, Apple had already been leasing the buildings from their respective sellers.
Apple in February sold a north San Jose office building to Samsung for $27 million. That building totals 70,700 square feet and is next to a Samsung regional office campus that totals 1.1 million square feet and includes a 10-story tower.
At the time Apple bought the two office hubs in the same week in late June, an Apple executive said the company was continuing to deepen its ties and roots in the South Bay and was procuring top-notch workspaces for its employees.
“The Santa Clara Valley has been home to Apple for more than 40 years, and we’re proud to continue investing in world-class facilities for our teams here,” said Kristina Raspe, Apple’s vice president of Global Real Estate and Facilities.