Apple is reported to have closed a deal with developer Peery Arrillaga to build a custom two-building campus in Santa Clara, CA. The campus will be a short distance from Apple headquarters in Cupertino.
Apple and Peery Arrillaga declined to discuss the development and leasing deal. However, multiple sources with direct knowledge of the transaction told this newspaper that Apple has leased nearly 296,000 square feet from Peery Arrillaga in a deal that included demolition of existing buildings.
The campus is said to include 2 six-story office buildings, and would hold 1,200 Apple employees. The first 188,000 square foot building is scheduled for completion in mod-2014. The second building doesn’t as of yet have a firm starting date for construction, but will be 108,000 square feet in size when completed.
