Apple just spent $166M to buy a leased Cupertino campus

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Apple is obviously rooted in Cupertino, and these roots just got a little deeper. City records show that the company has purchased Cupertino Gateway, a three-building complex located at 10200 North Tantau Avenue, for $166.9 million in cash. Here are the details.

As reported by The Mercury News, the deal covers about 220,000 square feet of office space and was finalized on June 24, according to filings with the Santa Clara County Recorder’s Office.

Apple had already been leasing…



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Apple just spent $166M to buy a leased Cupertino campus


Apple is obviously rooted in Cupertino, and these roots just got a little deeper. City records show that the company has purchased Cupertino Gateway, a three-building complex located at 10200 North Tantau Avenue, for $166.9 million in cash. Here are the details.

As reported by The Mercury News, the deal covers about 220,000 square feet of office space and was finalized on June 24, according to filings with the Santa Clara County Recorder’s Office.

Apple had already been leasing…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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