Apple pays $290m for Cupertino offices

Apple has paid $290 million for a pair of office buildings near its Cupertino, Calif., headquarters, the Mercury News reports. 

The two buildings are located at the corner of Stevens Creek Boulevard and Torres Avenue. The seller was Los Angeles–based American Realty Advisors.

The two new buildings total more than 300,000 square feet. The buildings, called Cupertino City Center 1 and Cupertino City Center 2, sit two miles from Apple Park, the company’s new 2.8 million-square-foot circular headquarters, and about half a mile down the street from its former Infinite Loop headquarters. 

Apple also owns property in Sunnyvale, and has 85 acres of land and buildings in north San Jose, among other locations.