Apple Expands To Santa Clara

Tech giant on office "shopping spree"

Apple soon won't just be Cupertino-based.

The technology giant expanded its operations to a third city in the South Bay, inking a deal to house 1,200 workers in Santa Clara, according to reports.

The company's latest acquisition in its "shopping spree" for more offices is a 296,000 square foot, two-building campus on the north side of Stevens Creek, Bay Area News Group reported. Developer Peery Arrillaga will demolish some existing buildings and in return construct for Apple two "custom-made" six-story office buildings, the newspaper reported.

Apple plans a massive new campus in Cupertino -- a nearly perfectly round structure -- but has already leased 1 million square feet in Sunnyvale, room enough for another 5,000 workers, the newspaper reported.

Up to 14,000 workers could be based at the "spaceship" campus in Cupertino when it is completed by 2016, the newspaper reported.

The Santa Clara buildings will be ready for occupancy by "mid-2014."

Apple is flush with cash due to its continued success with consumer goods such as the iPhone, in its fifth iteration, and the iPad, a Mini version of which was just rolled out.

And its latest round of office expansion is a Silicon Valley record. Nothing like it has ever before been seen, according to market analysts.

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