AUSTIN--Apple Inc. has taken a bigger bite into the Austin office market.
According to numerous reports, the company has purchased Riata Crossing North, a four-building complex located in northwest Austin, from San Francisco-based Spear Street Capital.
Apple had been leasing the 350,000-square-foot complex on Riata Vista Circle, across the street from where the tech giant is building a $348 million, 1-million-square-foot development called Americas Operations Center.
Spear also owns Austin office properties The Summit at Lantana and University Park.
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