facebook
Traded Co logo
Submit
Daily limit: 0/10

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

Property Image
SOLD
$162,200,000

California

See Similar Deals
Office195,000 SF
Sold 06/12/2026
the dealplayerscompscontact
Property Image
SOLD

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

684 West Maude Avenue

See Similar Deals
Office195,000 SF
Sold 06/12/2026
Contact now

Summary

CALIFORNIA
Asset Type:Office
Price Per Square Foot:$831
Total Square Footage:195,000 SF
Transaction Type:Sale

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.

Players

MB
3 deals$448.5M volume
SELLER

Details

SOLD
IMAGE: Tim Cook, Michael Bütter & Stuart Gordon DATE: 06/12/2026 ADDRESS: 684 West Maude Avenue MARKET: Sunnyvale, CA ASSET TYPE: Office BUYER: Tim Cook - Apple (@Apple) SELLER: Michael Bütter - Union Investment Real Estate GmbH; Stuart Gordon - Metzler Real Estate Advisors SALE PRICE: $162,200,000 SF: 195,000 - PPSF: $832 NOTE: Apple bought a Sunnyvale office building at 684 W. Maude Ave. for $162.2 million, continuing a yearlong South Bay acquisition spree that has totaled about $1.1 billion in recent office purchases. The 195,000-square-foot property changed hands at a steep discount from its 2022 sale price, reflecting weak occupancy despite prior leasing activity, including LinkedIn’s involvement.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$8,650,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$576,262.34
Cash-on-Cash Return-1.27%
Monthly Debt Service$768,910.75
Annual Debt Service$9,226,929.01