Apple has expanded its real estate holdings in Cupertino with the purchase of two office buildings for $216 million in cash. The properties, located at 19319 and 19339 Stevens Creek Boulevard, are part of the Main Street Cupertino complex and are already occupied by Apple. The seller was a group that includes Peter Pau, president of Sand Hill Property Company.
The building at 19319 Stevens Creek covers about 136,600 square feet, while the one at 19339 totals roughly 129,900 square feet.
This acquisition is the latest in a series of property purchases by Apple in Santa Clara Valley this year. In June, Apple acquired a three-building office park at 10200 North Tantau Avenue from PGIM for $166.9 million. Later that month, it bought Mathilda Commons—two buildings totaling 382,500 square feet—at 615 and 625 North Mathilda Avenue in Sunnyvale from Jay Paul Company for $350 million. In September, Apple purchased a four-building campus comprising over 663,000 square feet at multiple addresses on North Mathilda Avenue and West Maude Avenue from Kilroy Real Estate for $365 million.
In total, Apple’s office acquisitions this year have surpassed $1.1 billion. The company also sold a 70,700-square-foot office building in north San Jose to Samsung earlier this year for $27 million.
Apple was founded by Steve Jobs in Los Altos in 1976 and incorporated in Cupertino the following year. As of December 2025, Apple’s market capitalization stands near $4.1 trillion, making it the world’s second-most valuable company after Nvidia.
“— Chris Malone Méndez”
