Apple recently picked up approximately 260,000 square feet of office space not far from its new Campus 2 project in Cupertino, as noted in a lease discovered this week by Silicon Valley Business Journal.
The buildings are part of a new, downtown-style mixed-use center rapidly taking shape next to Vallco Shopping Mall… Apple Inc., brokers with real estate services firm DTZ and the property owner either declined to comment or didn’t respond to my requests, but the lease was disclosed in a document filed with the county on Monday.
While Apple is constructing its Apple Campus 2 site, the company has said previously that it will likely need space far beyond the 16,000 employees that the new 2.6 million square foot campus will hold. Today’s report notes that the newly leased office space is just “across Interstate 280” from the Campus 2 project that Apple expects to complete and start moving employees into by 2016.
The new Main Street office space, which is currently under construction, will hold around 1,300 employees and adds to the many buildings in and around its HQ in Cupertino that Apple has leased in recent years.
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I like this architecture quite a bit. Nice design of the top floor, terraced is it called? Anyway, many people think Apple would be closing all other rental offices after C2 was finished. This certainly isn;t the case. Even visitors all need to come to IL, not the new C2 building. After it’s been in use they will need more space anyway if they want to consolidate the rental offices.