After strong real estate losses across the South Bay in 2025, Apple is once again expanding its footprint in Sunnyvale. Here are the details.
As seen Mercury news (via AppleInsider), Apple has agreed to lease a 125,800-square-foot office building at 580 North Mary Avenue in Sunnyvale.
The deal is the first major reported real estate move in the area in 2026, following a busy 2025 in which Apple spent more than $1 billion to expand its footprint across the South Bay.
This includes boost A $166.9 million purchase of the three-building Cupertino Gateway complex, the A $350 million acquisition of the two-building Mathilda Commons campus in Sunnyvale and a $365 million contract for the neighboring four-building Mathilda Campus.
Apple then spent another $216 million In two buildings along Stevens Creek Boulevard in Cupertino, Bay Area expansion to more than 1.5 million square feet of office and laboratory space by 2025.
Turning to the company’s new lease, The Mercury News noted that the deal comes as office leasing activity in the South Bay begins to pick up again, with vacancy rates improving both in the previous quarter and year-over-year:
According to Colliers, the office vacancy rate in the South Bay was 14.1% in the second quarter of 2026. Colliers defined the market area as Santa Clara County and Fremont.
That’s an improvement from the 14.8% office vacancy rate in the October-December fourth quarter of 2025 and the 16.2% vacancy rate in the second quarter of 2025, Colliers reported.
In addition to Apple, Amazon has agreed to lease 316,600 square feet of office space at 1000 Enterprise Way in Sunnyvale, the report said.
To read Mercury newsfull report, follow this link.
It’s worth checking out on Amazon
FTC: We use automatic affiliate links that generate income. More.
