By Meghan Hall
Apple is gearing up for a massive expansion within Sunnyvale and into the Pathline Park office complex. In a recent deal, the tech firm leased about 700,000 square feet across six buildings, according to industry sources. With the Apple lease in place, Pathline Park is now entirely leased.
Apple is expected to take space at 600, 650, 700, 725 and 750 N. Mary Avenue, and additional space at 625 Palomar Ave. All buildings along N. Mary Ave. have finished construction, while the remaining building on Palomar Ave. has yet to be completed. The buildings could accommodate around 3,000 employees in the future, depending on how Apple intends to allocate its square footage.
The campus is being developed by Irvine Company, and includes 1.3 million square feet of workspace across 42 acres. Nine of those buildings are three stories in height, offering between 95,000 and 121,000 square feet, while the remaining two buildings rise four stories and offer between 140,000 and 167,000 square feet. A two-story amenity hub features dining, a market place, private fitness center, lounge, and outdoor seating and meeting areas. The campus is connected via a central pedestrian promenade, redwoods and open space.
“Pathline Park’s integrated design inspires healthy connectivity, productivity and innovation. With iconic architecture nestled in a healthy, park-like setting and prime Sunnyvale location, Pathline Park is the place to attract and retain highly-competitive talent,” states Irvine Company’s website. “An ideal balance of innovative workspace to immersive amenities and indoor-to-outdoor areas actively promotes wellness. Forward-thinking, experiential design enables maximum flexibility for your company’s growth and unique culture.”
Currently, Proofpoint Inc., a cybersecurity firm, calls Pathline Park home. Synopsys Inc. has also leased 360,000 square feet of space within the development.
Apple’s lease marks one of the largest leasing transactions over the past year in Silicon Valley and the wider Bay Area since the coronavirus pandemic began. According to a first quarter report released by Cushman & Wakefield, leasing volume during the first quarter remained slow, with smaller leases making up the majority of activity. During the first quarter, Apple’s renewal for 57,407 square feet of space at 19925 Stevens Creek in Cupertino was listed as the largest transaction of the quarter. The largest deal of 2020 was Google’s lease of nearly 500,000 square feet at Jay Paul’s Moffett Tower in Sunnyvale. However, that transaction occurred prior to the start of the pandemic.
CBRE Senior Managing Director Mark Schmidt, along with Cushman & Wakefield’s Executive Vice Chairman Steve Horton and Director KElly Yoder, represented Irvine Company inthe deal.