Apple Leases 150K sf Office Building in Sunnyvale

Apple has expanded its Silicon Valley presence by leasing a 150,000-square-foot building in Sunnyvale.

The Cupertino-based computer giant signed a lease for the five-story building at 605 West Maude Avenue, the San Jose Mercury News reported, adding to two office buildings it rents next door.

The owner of the three-building tech campus is Kilroy Realty, based in Los Angeles. Terms of the lease were not disclosed.

The office building at West Maude and North Pastoria avenues will add to two office buildings containing 212,300 square feet that Apple leases at 505 and 555 North Mathilda Avenue, also owned by Kilroy.

The addition brings Apple’s office footprint at the 15-acre property to a combined 574,600 square feet. The campus includes a building with a fitness center, cafeteria, cafes and large courtyard with outdoor seating.

The building at 605 West Maude was formerly occupied by LinkedIn. The maker of iPhones plans to make interior and other improvements, according to public documents filed by Kilroy Realty, which didn’t say when Apple would move in.

Apple’s rental deal in the Sunnyvale office building is a strong indicator the tech giant will expand its long-term presence in Silicon Valley, according to the Mercury News.

Besides a huge presence in its hometown of Cupertino, Apple also occupies numerous buildings in Sunnyvale, leases space in Santa Clara and owns buildings and empty land that could be the site of a big tech campus in North San Jose.

Last month, Apple bought a 10-building office campus it has leased for more than a decade near its Cupertino hub. The price for the 383,700-square-foot office and research complex was not disclosed.

In July, Apple unveiled plans to build its 536,000-square-foot regional headquarters in Los Angeles cloaked in designer copper.

While Google, Meta and other Silicon Valley companies lay off workers, Apple – with 68,000 tech workers – is one of the few companies to avoid the ax, according to Forbes.

Apple announced in January that CEO Tim Cook would take a pay cut. Also, unlike his Big Tech counterparts, Cook didn’t aggressively hire during the pandemic.