Tim Cook Of Apple Acquires Sunnyvale Office Building From Michael Bütter And Stuart Gordon For $162.2M

The property involved in this transaction is an office asset located at 684 West Maude Avenue in Sunnyvale, CA. It was sold for $162,200,000, encompassing a total of 195,000 square feet. The price per square foot for this transaction was calculated at $832.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $162,200,000
• Buyer: Tim Cook - Apple
• Seller: Michael Bütter - Union Investment Real Estate GmbH
• Seller: Stuart Gordon - Metzler Real Estate Advisors
• Square Footage: 195,000
• Price Per Square Foot: $832
• Date of Transaction: 06/12/2026
• Market: Sunnyvale, CA

This transaction reflects a continuation of Apple's acquisition strategy in the South Bay, having amassed approximately $1.1 billion in office purchases over the past year. The property’s previous leasing activity, including involvement from LinkedIn, has been noted, yet the transaction occurred at a significant discount from its 2022 sale price due to weak occupancy levels.