Apple Buys Sunnyvale Campus, South Bay Real Estate Investments Now Exceed $800 Million

Apple’s ongoing real estate acquisitions in the South Bay have now surpassed $800 million, following the company’s latest purchase of a major office campus in Sunnyvale — a move that further cements its long-standing presence in the region.
According to documents filed with the Santa Clara County Recorder’s Office on September 25, Apple spent $365 million to acquire the office complex located near North Mathilda Avenue and West Maude Avenue in Sunnyvale.
This acquisition brings Apple’s total real estate spending in Silicon Valley to nearly $882 million over the past three months. The tech giant has purchased three major office campuses during that time — two in Sunnyvale and one in Cupertino — based on county property records.
Details of Apple’s 2025 real estate purchases include:
- June 24: Apple acquired a three-building office campus at 10200 North Tantau Avenue in Cupertino for $166.9 million. The 220,700-square-foot property was sold by PGIM, the real estate investment arm of Prudential Financial.
- June 26: Apple bought the Mathilda Commons complex at 615 and 625 North Mathilda Avenue in Sunnyvalefor $350 million. The site includes two office buildings totaling 382,500 square feet and was sold by Jay Paul Company.
- September 25: Apple completed the $365 million purchase of a 636,500-square-foot office campus at 505 and 555 North Mathilda Avenue and 605 West Maude Avenue in Sunnyvale, previously owned by Kilroy Real Estate.
In each case, Apple had already been leasing the buildings before deciding to buy them.
Earlier this year, Apple also sold a 70,700-square-foot office property in North San Jose to Samsung for $27 million. That site is adjacent to Samsung’s regional campus, which includes a 10-story tower and spans over 1.1 million square feet.
When Apple finalized two of the deals in late June, company executive Kristina Raspe, Vice President of Global Real Estate and Facilities, emphasized Apple’s deep roots in the region.
“Apple has called the Santa Clara Valley home for over 40 years, and we’re proud to keep investing in world-class workspaces for our teams here,” Raspe said.