updated 02:55 pm EST, Fri February 3, 2006
Apple leases more space
Apple has signed a deal for the entire 116,830-square-foot building at 10400-10450 Ridgeview Court in Cupertino, California. Approximately 56,315 square feet resulted from a direct deal with the landlord, while the remaining 60,515 square feet is a sublease from IBM, according to CoStar National. Gregg von Thaden of Colliers International in San Jose represented Apple in both leases, while Frank Friedrich, Don Lonsinger /Doug Beck of CB Richard Ellis, and Randall Brown of CB Richard Ellis of Los Angeles represented IBM. Brad Martin and Rich Hardy of Cushman-and-Wakefield of San Jose represented the landlord, Grosvenor International. Apple is also set to open its Apple Store Garden State Plaza this Saturday, February 4th, which will mark the seventh retail outlet for the tech giant in New Jersey.