Apple buys – Apple has added another Silicon Valley property to its footprint, paying $162.2 million for a 194,624-square-foot office building in Sunnyvale after previously subleasing it. The deal closed in late 2025, following earlier purchases that were significantly hig
Apple’s latest Silicon Valley move wasn’t subtle: the company has shelled out $162.2 million for an office building in Sunnyvale—at a discount that stands out even by tech’s usual standards.
The purchase centers on 684 W. Maude Avenue in Peery Park. Apple had subleased the building a year earlier, and it has since been bought, with ConnectCRE reporting that the transaction closed in late 2025.
The property is spread across four floors, totaling 194,624 square feet. It sits less than a mile from other Apple-owned Sunnyvale office buildings, extending a portfolio that has grown steadily as the company continues to expand its operations in the area.
What makes the number sting—at least for the last set of owners—is how much Apple reportedly paid compared with the building’s prior sale. Union Investment Real Estate and Metzler Real Estate Advisors acquired the building in 2022 for $222 million. and The Real Deal reports that Apple’s purchase price amounts to a 26.9 percent discount three years later.
Back in 2022, LinkedIn had leased the property, and it is unknown whether the social network ever moved in.
Apple’s expensive office-year
Apple’s pattern in the Bay Area has often followed a familiar rhythm: lease first, then buy. Over the last year, the company has spent more than a billion dollars in Sunnyvale and Cupertino, and 684 W. Maude Avenue adds yet another asset to its growing collection.
Other purchases in Sunnyvale alone underscore how aggressively Apple has been building out. In 2025. the company bought a $350 million two-building campus in North Mathilda. followed by another four-building Mathilda campus for $365 million next door. It also spent $160 million on a 220,700-square-foot building in the Tantau office complex near Apple Park.
Apple isn’t the only firm snapping up space in the Bay Area, but it is clearly capitalizing on timing. In July 2025, San Francisco’s vacancy rate was over 30 percent, while Sunnyvale’s sat at 18 percent.
The scale of Apple’s footprint is already large: the company owns or leases at least 15 buildings in the Sunnyvale area. And with Apple continuing to expand and consume more space. this newest purchase looks less like a one-off and more like the next step in a continuing push deeper into Silicon Valley’s office market.
Apple Sunnyvale real estate office building 684 W. Maude Avenue ConnectCRE Newmark market report Union Investment Real Estate Metzler Real Estate Advisors The Real Deal LinkedIn Silicon Valley vacancy rate