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Tim Cook Of Apple Acquires Office Campus From Jay Paul Co For $350 Million In Sunnyvale

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SOLD
$350,000,000

California

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Office382,500 SF
Sold 06/27/2025
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Property Image
SOLD

Tim Cook Of Apple Acquires Office Campus From Jay Paul Co For $350 Million In Sunnyvale

625 North Mathilda Avenue

See Similar Deals
Office382,500 SF
Sold 06/27/2025
the dealplayerscompscontact
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Summary

CALIFORNIA
Asset Type:Office
Price Per Square Foot:$915
Total Square Footage:382,500 SF
Transaction Type:Sale

The transaction involved a two-building office asset located at 615 & 625 North Mathilda Avenue in Sunnyvale, which spans 382,500 square feet. The property was sold for $350 million, resulting in a price per square foot of $915 in the Sunnyvale market.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $350,000,000
  • Buyer: Tim Cook - Apple
  • Seller: Jay Paul - Jay Paul Co.
  • Square Footage: 382,500
  • Price per Square Foot: $915

This acquisition marks a substantial move for Apple, as it reinforces the company's long-term commitment to real estate in Santa Clara County, bringing its total expenditure in the region to $517 million within the same week. Tim Cook represented Apple in this transaction, while Jay Paul represented Jay Paul Co.

Players

A
Apple
BROKERAGE

Details

SOLD
IMAGE: Tim Cook & Jay Paul DATE: 06/27/2025 ADDRESS: 615 & 625 North Mathilda Avenue MARKET: Sunnyvale ASSET TYPE: Office BUYER: Tim Cook - Apple (@Apple) SELLER: Jay Paul - Jay Paul Co. SALE PRICE: $350,000,000 SF: 382,500 ~ PPSF: $915 NOTE: Apple purchased a two-building, 382,500-square-foot campus in Sunnyvale for $350 million, bringing its total real estate spend in Santa Clara County to $517 million this week alone. The company had been leasing the property from Jay Paul Co. and has now acquired five buildings it previously occupied, reinforcing its long-term investment in the South Bay.

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