Tim Cook Of Apple Acquires Cupertino Gateway Office Campus From Cathy Marcus For $166.9M

The office asset involved in this transaction is the Cupertino Gateway office campus located at 10100 & 10200 North Tantau Avenue & 5425 Stevens Creek Boulevard in Cupertino. The property comprises a total square footage of 218,854 and was acquired by Apple for a sale price of $166,900,000, which translates to a price per square foot of $763.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $166,900,000
• Buyer: Tim Cook
• Seller: Cathy Marcus
• Market: Cupertino
• Square Footage: 218,854
• Price Per Square Foot: $763

This transaction was facilitated by Tim Cook representing Apple as the buyer, while Cathy Marcus represented PGIM Real Estate as the seller. The property had previously been acquired by PGIM in 2015 for $165 million and features a three-building complex situated directly across from Apple Park in Cupertino, California.