Apple Purchases Massive 43-Acre Development Site in **rth San Jose - اخبار التقنية

ahlam1399 · #1 08-04-2015, 01:16 AM

Apple Purchases Massive 43-Acre Development Site in **rth San Jose

Shortly after leasing a 300,000 square foot campus in **rth San Jose, Apple has expanded on its real estate holdings in the area, buying a 43-Acre Development Site at 2347 **rth First Street for more than $138 million.

According to the Silicon Valley Business Journal, the site, which consists of undeveloped land, is approved for up to 2.8 million square feet of ****** space, much like Apple's Campus 2 location in Cuperti**. Apple has **t submitted building plans for the site, and it is unclear what the company plans to do with the land.

[IMG]http://cdn.macrumors.com/article-new/2015/08/appleland**rthsanjose.jpg[/IMG]Map showing land bought by Apple and other available real estate in the same **rth San Jose area
Apple is expanding rapidly in the Bay Area. In addition to the second Cuperti** campus and the 300,000 square feet of space leased in San Jose in July, the company made its first real estate lease in San Francisco last week, signing a deal for 76,000 square feet of ****** space.

Along with ****** space, Apple is also said to be seeking additional space for both industrial purposes and research and development, possibly for undisclosed projects like its Apple Car.

What's interesting in the latest transaction is that Apple opted to buy, **t lease. It's possible Apple wants more control over whatever it does there, and simply felt more comfortable owning the land. In addition to ****** space, Apple has been in the market for broad swaths of heavy R&D and industrial space, industry observers tell me. The latter could be read as a tantalizing sign of Apple's interest in manufacturing, though such a possibility is for **w market speculation.

The land that Apple purchased in **rth San Jose is located approximately 12 miles from its 1 Infinite Loop campus in Cuperti** and is across the freeway from the Mineta San Jose International Airport. **rth First Street is already home to other major companies like Cisco and Samsung.