The biggest city in Silicon Valley is about to land the world’s biggest tech company.
Apple is considering expanding into north San Jose to lease more office space, even though the company’s gigantic space ship campus is scheduled to be completed next year and house more than 13,00 employees.
Real estate sources tell the Silicon Valley Business Journal that Apple is looking at two potential sites in San Jose, but they’ve got some competition from Tesla Motors, which is also looking for more office space for its electric car projects.
The two major projects under consideration are Ellis Partners’ 300,000-square-foot building on Orchard Parkway and the Coleman Highline development near the Mineta San Jose International Airport being managed by Hunter/Storm. The Coleman Highline development could add more than 1.5 million square feet of office, R&D and light-industrial space to Apple’s growing real estate assets.
Apple has already swallowed all of the available office space in its hometown of Cupertino, forcing the company to expand into Santa Clara and Sunnyvale over the past few years.
A deal still hasn’t been struck for the San Jose expansion. Apple’s keeping tight-lipped about the project, but the company had better be quick, since Tesla is also eyeing the Ellis Partners property that once served as the headquarters of Atmel Corp. BizJournal’s sources say Google has started looking for properties in San Jose, too.
Source: BizJournals
