Apple has made its first property acquisition in San Diego, a $445M purchase of the 67.5-acre Rancho Vista Corporate Center, an eight-building complex encompassing 817K SF in the city’s Rancho Bernardo submarket.

The deal, reported by the San Diego Union-Tribune, enlarges Apple’s office footprint in San Diego to more than 1M SF and will help facilitate the tech giant’s plan to increase its workforce in the city to 5,000.

Dig Deeper

 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2022 ALM Global, LLC. All Rights Reserved.