Tim Cook Of Apple Acquires Mathilda Campus In Sunnyvale From Angela M. Aman For $365M

The property involved in this transaction is an office asset located at 505-599 North Mathilda Avenue and 605 West Maude Avenue in Sunnyvale. The sale price for this asset is $365,000,000, covering a total square footage of 663,000, which translates to a price per square foot of $551.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $365,000,000
• Buyer: Tim Cook - Apple
• Seller: Angela M. Aman - Kilroy
• Market: Sunnyvale

This transaction marks Apple's third recent office acquisition in the South Bay, further advancing its strategy of investing in local real estate, having spent nearly $1 billion in recent months. The acquisition aims to bring the buildings that Apple currently leases under its ownership.