Apple continues to grow its San Jose office space. The tech company purchased the 101 Tech Center, an office property located at 2325 Orchard Parkway, for approximately $165.8 million from Ellis Partners.
Apple had signed a lease to occupy all of the space in the existing property earlier this year.
With the 27-acre site, Apple now has about 70 acres in San Jose’s North First tech corridor, across from the airport, according to the Silicon Valley (Calif.) Business Journal.The purchase includes a 290,000-square-foot building and 12 acres of undeveloped land, which is approved for 650,000 square feet of additional office space.
Ellis Partners purchased the site in 2011 for $48.5 million.
The recent acquisition follows Apple’s $138.1 million purchase of 43 acres of undeveloped land from Lowe Enterpri
