Apple Leases Additional Office Space In Santa Clara, Near Apple Park
Apple continues to expand its San Francisco Bay Area footprint to accommodate a growing workforce and new projects, with the latest leases involving multiple industrial buildings near the soon-to-open Apple Park.
According to a new report from the San Jose Mercury News, the two buildings are relatively small, totaling 77,000 square feet of space. However, this continued expansion is just another sign that Apple’s hiring growth isn’t slowing down. There are currently an estimated 25,000 employees in the Santa Clara Valley, and some think those employees could double to 50,000 in the coming years.
“The technology titan wouldn’t disclose the purpose of the work, but some industry watchers believe the company needs the space because it remains in hiring mode,” reads the report.
“Apple is bursting at the seams,” said Tim Bajarin, principal analyst with Campbell-based Creative Strategies, a market researcher.
The leases and construction were discovered in documents filed in early August with the Santa Clara County Recorder’s Office, and an Apple spokesperson confirmed that Apple has leased the buildings. One building measures in at 43,000 square feet, while the other comes in at 30,000 square feet, for a total of 73,000 square feet of office space.
Along with its two main campuses in Cupertino, Apple occupies many other office buildings in the surrounding areas in Santa Clara, San Jose, and Sunnyvale and has been expanding rapidly in recent years to accommodate its growing workforce.