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Apple is reportedly gobbling up real estate as it expands into San Jose

Biz Carson
Updated
apple campus
apple campus

The Daily Reckoning

Apple’s spaceship campus is still under construction in Cupertino even as its buying up land in other parts of the Bay.

Apple is reportedly preparing to leave the confines of its Cupertino-based campus and sprawl into surrounding cities.

Apple purchased a 43-acre development site across the road from San Jose’s airport for $138 million, according to a report from Nathan Donato-Weinstein at the Silicon Valley Business Journal.

Apple’s real estate appetite is already voracious, and the company signed a lease in July for a 300,000 square foot building next door to this new development in San Jose.

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It’s not just sprawling south in the bay, either. Apple reportedly signed its first lease in San Francisco as well, which could be a home to a growing Beats Music brand. Currently the Beats Music staff resides in an office space in San Francisco’s Dogpatch neighborhood.

We’ve reached out to Apple to comment and we’ll update if we hear back.

Developing…

NOW WATCH: 6 things we wish the Apple Watch could do


The post Apple is reportedly gobbling up real estate as it expands into San Jose appeared first on Business Insider.