December 7, 2015 Comments Off on Jay Paul Near Apple Campus Buy Views: 505 Bay Area, California News

Jay Paul Near Apple Campus Buy

The Jay Paul Co. might be the owner of a new Apple, Inc. campus going up in Sunnyvale. “Central & Wolfe,” as it is called, could be sold soon by Landbank Investments.

The new Apple campus, which will total 777,000 square feet, reportedly traded for about $200 million, just for the land. Jay Paul already owns five office complexes in the Moffett Park area of Sunnyvale.

Apple has a 12.5-year lease with two seven-year extensions. The tech giant has been buying land in Sunnyvale, Santa Clara and San Jose to build other offices, as well as this new Jay Paul lease.

Read More at Silicon Valley Business Journal

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