Published on Monday, June 22, 2026
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The tech giant has targeted high-quality buildings in the market where it already leases space in.
Over the 12 months or so, Apple has continued to expand its office footprint in California, paying a combined $545.2 million for multiple properties.
All of them have one thing in common: they are located in Silicon Valley, a market that's luring strong demand from both investors and tenants, according to Newmark.
"In an environment where occupiers are increasingly selective, and capital is being deployed more cautiously, well-located, high-performing assets continue to outperform the broader market," Newmark Vice Chairman Edmund Najera told GlobeSt.com.
"These properties are benefiting from stronger demand, greater leasing resilience, and increased investor confidence, reinforcing the importance of quality as a key driver of long-term value."
Something else noteworthy is Apple has targeted buildings that it already leases space in.
The latest deal was the tech giant this month paying $162.2 million for a Sunnyvale office building after signing a sublease for the property last year. The property at 684 W. Maude Ave. in Peery Park is less than one mile from a group of office buildings in Sunnyvale that Apple acquired from Kilroy Realty last September. A 2026 Q1 Silicon Valley market report from Newmark shows that Apple signed a sublease for 684 W Maude totaling 194,624 square feet. The deal closed in late 2025.
Elsewhere in Silicon Valley, Apple paid $216 million for two office buildings in Cupertino that it had leased since 2015. In June 2025, Apple bought another group of buildings on the border of Cupertino and Santa Clara for $167 million, according to deals posted by the Silicon Valley Business Journal.