Apple buys out another Cupertino office complex worth $160 million
The large Tantau office complex near Apple Park and the Apple Fitness Center has been acquired by Apple, though the building was already in use by the company.
An office complex near Apple Park has been purchased by Apple
Apple Park is a massive Cupertino campus with The Ring, a 2.8-million-square-foot circular building that can house 12,000 employees. However, even with that giant building, Apple still needs more space and occupies many buildings in the area around the main campus.
One of those buildings, referred to as Cupertino Gateway, is within shouting distance of the giant ring building, just off the same N Tantau Ave that leads to Apple's campus. According to a report from Mercury News, Apple has purchased the 220,700 square foot building for $160 million.
The office hub was already in use by Apple through a lease, but now Apple owns it outright. It is nestled between the Apple Fitness Center and Apple Park's oval parking garages.
The address is listed as 10200 N Tantau Ave, and the sale was filed with Santa Clara County on June 24. Apple owns a lot of property in Cupertino that serves as offices for meetings, research, and more that is a little more accessible and with more parking than Apple Park.
Apple moved from the One Infinite Loop headquarters in 2017 to the recently finished Apple Park. COVID was a speed bump in moving full-time employees in, but it has become fully operational in the time since.
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Comments
Longer answer: Apple has many properties in Cupertino. The leases are staggered and don't come up for renewal at the same moment. Apple periodically moves out of old locations and moves into new ones based on their needs. So the correct answer six months ago may well be incorrect today.
I would expect Apple to have some unmarked, clandestine properties in Cupertino with their long history of corporate secrecy. So driving around Cupertino and counting the obviously marked buildings (with logos) likely won't be a complete tally. We know that Project Titan was allegedly occupying unlabeled property(ies) in neighboring Sunnyvale. It is likely that Apple will have some locations that they don't want to advertise as theirs. This might include some small warehouses (not for shipping retail products to customers) but rather storage of their own property and supplies for internal use.
The people who really know the answer are all in the administration division at Apple, certainly not the engineering division, retail or marketing people. Some of the legal and finance staff (like the Accounts Payable people who get the utility bills, the controller), security personnel, facilities & maintenance planners, corporate IT staff, etc.
This is pretty typical for any larger organization (beyond the Fortune 500) not just Apple. The typical line employee and even mid-level managers probably don't know the answer, especially in engineering driven organizations like tech corporations.
Even amongst senior management I bet most of them don't know exactly. It doesn't really matter to guys like Srouji, Federighi, Alan Dye, etc. It matters to the CEO, COO, maybe the CFO, SVP of HR, general counsel, etc.
Strictly speaking, Apple did NOT move out of 1 Infinite Loop. It continues to use that campus. What they did do was move the HQ to Apple Park (the spaceship) in 2017 when that property came online. Apple has divisions that don't need to be at Apple Park and thus needs property elsewhere including (but not limited to) 1 Infinite Loop. It's believed that some senior management have desks at both locations because some meetings take place at 1 Infinite Loop. A lot of the admin teams are based at the old campus plus some non-core engineering teams.
I was there, and remember when the retail program was still in development. They went under the "Corporate Adjustment" name. They actually had an unmarked warehouse where they actually built a full-scale Apple Store within the warehouse! A mock-up, if you will. I'm sure they still have something along those lines to this day!
I also love their "Home" sets that they use for their announcement videos sometimes. Such amazing production value!
Apple really has come such a long way from the Apple ][ to today!