Apple Invests in Sunnyvale Headquarters with $162M Purchase

Apple has expanded its real estate holdings with a $162.2 million acquisition of an office building in Sunnyvale. The tech giant secured a significant discount on the property, adding to its already impressive property portfolio.

Big companies like Apple are constantly seeking additional space for their projects, driving them to acquire new properties. In the past year, Apple has invested over $1 billion in properties in Cupertino and Sunnyvale, with the recent purchase in Sunnyvale being the latest addition.

The office building at 684 W. Maude Avenue in Peery Park, which Apple previously subleased, is now owned by the company. The purchase was finalized in late 2025, according to a Newmark Silicon Valley report. The property offers 194,624 square feet of space across four floors and is located near other Apple-owned office buildings in Sunnyvale.

Apple’s acquisition of the Peery Park property came at a discounted price compared to the previous owners’ purchase. Union Investment Real Estate and Metzler Real Estate Advisors bought the building for $222 million in 2022, while Apple acquired it for $162.2 million, representing a 26.9% discount. The property was previously leased to LinkedIn, although the social network never occupied the space.

This acquisition is just one of several property purchases by Apple in 2025. In June, the company bought a 220,700 square-foot building in the Tantau office complex for $160 million. In July, Apple acquired a two-building campus in North Mathilda for $250 million and a four-building Mathilda campus for $365 million, expanding its presence in Sunnyvale.

While Apple is expanding its property portfolio in the Bay Area, it is also divesting properties it no longer requires. Waymo, Google’s self-driving sister company, recently acquired a 5,500-acre Apple property in Surprise, Arizona, known for vehicle testing.

With at least 15 office properties in Sunnyvale, Apple’s acquisition spree shows no signs of slowing down. The company’s strategic property investments align with its growth plans and reflect the competitive real estate market in the area.

In conclusion, Apple’s recent purchase in Sunnyvale underscores its commitment to expanding its real estate footprint, positioning itself for future growth and innovation. The company’s strategic acquisitions reflect its ongoing success and determination to secure prime locations for its operations.