Tim Cook Of Apple Acquires Office Buildings In Cupertino For $216 Million

The transaction involved the acquisition of two office buildings located at 19319 and 19339 Stevens Creek Boulevard in Cupertino. The sale price for this asset was $216,000,000. The total square footage of the property amounts to approximately 266,500 square feet, translating to a price per square foot of $811.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $216,000,000
• Buyer: Tim Cook
• Company: Apple
• Market: Cupertino
• Square Footage: 266,500
• Price Per Square Foot: $811
• Seller: Affiliate led by Peter Pau
• Company of Seller: Sand Hill Property Co

This acquisition marks a significant expansion for Apple in the Santa Clara County area, with total office purchases in 2025 reaching about $1.1 billion. The deal further increases Apple's total office space in the region to more than 1.5 million square feet, reinforcing its enduring presence in the South Bay market.