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

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SOLD
$216,000,000

California

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Office533,000 SF
Sold 12/12/2025
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Property Image
SOLD

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

19319 Stevens Creek Boulevard & 19339 Stevens Creek Boulevard

See Similar Deals
Office533,000 SF
Sold 12/12/2025
the dealplayerscompscontact
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Summary

CALIFORNIA
Asset Type:Office
Price Per Square Foot:$405
Total Square Footage:533,000 SF
Transaction Type:Sale

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.

Players

A
Apple
BUYER

Details

SOLD
IMAGE: Tim Cook DATE: 12/12/2025 ADDRESS: 19319 & 19339 Stevens Creek Boulevard MARKET: Cupertino ASSET TYPE: Office BUYER: Tim Cook - Apple (@Apple) SALE PRICE: $216,000,000 SF: 266,500 ~ PPSF: $811 NOTE: Apple paid $216 million in an all-cash deal to buy two office buildings it occupies at 19319 and 19339 Stevens Creek Blvd. in Cupertino, totaling about 266,500 SF, from a Peter Pau–led affiliate tied to Sand Hill Property Co.The acquisition lifts Apple’s 2025 Santa Clara County office buys to roughly $1.1 billion and more than 1.5 million SF, further cementing its long-term South Bay footprint.

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Deal Type
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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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