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While Apple's plans for a stunning new corporate campus in Cupertino have received a significant amount of attention, that facility won't be ready to open until at least 2015, and Apple certainly hasn't stopped growing to wait for the new campus to come on line.


The San Jose Mercury News is now reporting that Apple has agreed to lease a nine-building office campus in Cupertino capable of housing up to 1,300 employees.
The lease deal in the old Measurex campus, now known as Results Way Corporate Center, allows Apple to rent 373,000 square feet. City officials and industry experts with direct knowledge of the transaction confirmed the rental deal.

"This is all good news for the city," said Kelly Kline, Cupertino's city economic development manager. "Apple is the premier corporation in Cupertino."
Real estate brokers note that Apple's move puts a further squeeze on the Cupertino and Mountain View markets that are nearly out of potential space for future office space needs, as Google, Facebook and others have also snatched up significant amounts of space. The dearth of additional available space leads to questions about where else Apple might be able to expand if even more space is required before it can open its new 12,000-employee facility on an old HP campus in Cupertino just a short distance from Apple's current headquarters campus.

Article Link: Apple Leases Major New Office Campus in Cupertino to Support Continued Growth
 

SilianRail

macrumors 6502
Feb 24, 2011
352
56
I really think Apple should OWN their new campus & future locations. Adds more wealth in times of need (hopefully that'll never happen again).
$76 billion in cash. Don't see them bouncing the rent check anytime soon.
 

mazz0

macrumors 68040
Mar 23, 2011
3,117
3,564
Leeds, UK
How do you run out of space in a land the size of America? Even in a small city, can't they just make taller buildings?
 

Smigit

macrumors 6502
Feb 21, 2011
403
264
How do you run out of space in a land the size of America? Even in a small city, can't they just make taller buildings?
You need to close the building or significant portions of it to do so; assuming local laws allow the buildings to be altered or made taller to begin with.

If they are struggling with capacity issues currently then shutting down an existing building for several months is probably not an option.

If they want to expand the existing buildings capacity it probably makes sense to get the 12,000 person one complete and temporarily relocate people there given its only a few blocks away.
 

OriginalMacRat

macrumors 6502a
Mar 9, 2007
591
863
Real estate brokers note that Apple's move puts a further squeeze on the Cupertino and Mountain View markets that are nearly out of potential space for future office space needs, as Google, Facebook and others have also snatched up significant amounts of space. The dearth of additional available space leads to questions about where else Apple might be able to expand if even more space is required before it can open its new 12,000-employee facility on an old HP campus in Cupertino just a short distance from Apple's current headquarters campus.

There is a lot of available space surrounding Cupertino.

Sunnyvale, Santa Clara and San Jose still have lots of office buildings that have been empty since the dot-com bust in 2001.
 

SilianRail

macrumors 6502
Feb 24, 2011
352
56
How do you run out of space in a land the size of America? Even in a small city, can't they just make taller buildings?
Sure. After a 3 year environmental study, 4 years of petitioning the city to allow the destruction of a historical place, 2 months to move everything, and another 2 years of implosion and then reconstruction.
 

SilianRail

macrumors 6502
Feb 24, 2011
352
56
I'm sure Sears never did either but growth isn't guaranteed.
Owning their building wasn't going to stop the obsolete retail model against the inevitability of e-commerce.

Fixing water leaks, taking out the trash, cleaning the carpets, washing the windows, plunging toilets, and repairing elevators is also beyond the core competency of Apple and would be a major distraction for management.
 

tmofee

macrumors regular
Sep 27, 2009
204
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Mildura
Wirelessly posted (Mozilla/5.0 (iPhone; U; CPU iPhone OS 4_3_3 like Mac OS X; en-us) AppleWebKit/533.17.9 (KHTML, like Gecko) Version/5.0.2 Mobile/8J2 Safari/6533.18.5)

Steves all about Cupertino.. Personally I think the closer the buildings are, the more control the masters have to keep an eye on everything...
 

0007776

Suspended
Jul 11, 2006
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I really think Apple should OWN their new campus & future locations. Adds more wealth in times of need (hopefully that'll never happen again).

Is this even a permanent campus, or are they just leasing it because they need extra space until their new campus is completed?
 

Bearxor

macrumors 6502a
Jun 7, 2007
771
495
This is one of the reasons that the public hearing on the new Apple campus was such a farce.

The council members didn't ask any REAL questions. One of the things I would have made note to ask is how much leased office space Apple currently has and how much do they plan to have by the time the new HQ is open?

When the new campus opens and Apple begins consolidating employees, Cupertino is going to find itself with a lot of empty office buildings and no plans for them.

That entire meeting was an insult to the people of Cupertino.
 

mcmlxix

macrumors 6502a
Mar 10, 2009
516
1
Sure. After a 3 year environmental study, 4 years of petitioning the city to allow the destruction of a historical place, 2 months to move everything, and another 2 years of implosion and then reconstruction.
Only in America would we need historical review for something built in the 60s. :eek:

Fixing water leaks, taking out the trash, cleaning the carpets, washing the windows, plunging toilets, and repairing elevators is also beyond the core competency of Apple and would be a major distraction for management.
Apple wouldn't need to, nor would they likely maintain their own properties. This can be contracted out. I work in a data center for one of the biggest US banks, and besides scrubbing toilettes, we even farm out security!
 
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Navdakilla

macrumors 65816
Feb 3, 2011
1,100
13
Canada
With all this extreme growth lets hope apple continues to sell the way it does. I would hate for them to suddenly start going downhill
 
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