updated 12:55 pm EDT, Mon October 3, 2005
Apple in Cupertino
Apple has been quietly but consistently leasing tens of thousands of in its hometown of Cupertino, beginning at the end of 2004 and continuing into this year, according to public records and commercial real estate sources. In total, Apple has paid city business license fees or filed an application for a business license with the city of Cupertino on locations totaling more than 2 million square feet, city records show. That total includes its six-building world headquarters campus at 1 Infinite Loop, which represents about 850,000 square feet of the total. In fiscal 2004, Apple's employee headcount grew by 23 percent to nearly 13,500, according to the Hoovers reserach firm. "Apple is very quietly going around and taking 20,000 feet here and 30,000 feet there and really doing it quite quietly," regional real estate broker Jim Beeger says. "Ironically, a lot of these buildings Apple moved out of in the 1990s."