Apple has snapped up a 10-year lease for a large, 314,000-square-foot warehouse in Milpitas, California, approximately a fifteen minute drive from Cupertino.
The space is located at McCarthy Creekside, a new multiphase development located in the city of Milpitas. Apple is reportedly paying in the vicinity of 90 cents per square foot. According to developer Joey McCarthy, McCarthy Creekside is intended for “industrial, R&D, [and] manufacturing.”