Apple has further expanded its presence in Silicon Valley by acquiring a 194,827-square-foot office building at 684 West Maude Avenue in Sunnyvale, California, for $162.2 million. This purchase reflects a 26.9% discount from its previous sale price of $222 million in 2022. The property was sold by Union Investment Real Estate GmbH and Metzler Real Estate Advisors, who had acquired it in 2022.
Constructed in 2021, the building is situated approximately 11 miles north of downtown San Jose. In 2022, LinkedIn signed a 15-year lease for the property. However, it remains unclear whether LinkedIn ever occupied the space or offered it for sublease.
This acquisition is part of Apple’s ongoing strategy to secure office space in the region. In 2025, the company invested around $1.1 billion in several office buildings in Sunnyvale and Cupertino. Notable purchases include the Cupertino Gateway complex for approximately $166.9 million and the Mathilda Campus in Sunnyvale for $365 million. These acquisitions have been a mix of properties Apple previously leased and new additions to its portfolio.
Apple’s continued investment in Silicon Valley real estate underscores its commitment to maintaining a significant physical presence in the area. This approach contrasts with other tech giants like Google, which has been reducing its real estate holdings. For instance, Google recently sold nine properties in Redwood City, California, to Farallon Capital Management.
By acquiring properties at discounted rates, Apple demonstrates a strategic approach to real estate investment, capitalizing on market conditions to secure valuable assets. This expansion not only provides the company with greater control over its workspace but also reflects confidence in the long-term value of Silicon Valley real estate.
