Apple has struck a deal to increase its Irvine real estate presence
Apple has struck a deal to increase its Irvine, California, real estate presence in what appears to be a move by the world’s most valuable tech company to further establish its chipmaker manufacturing foothold in Orange County, reports the Orange County Business News.
The new lease is for the first two floors of 17800 Laguna Canyon Road, a four-story building also running some 115,000 square feet. Apple’s deal is expected to begin in December, property records indicate.
Last year Apple signed a deal last year to occupy the entirety of a 115,290-square-foot building developed as part of the final phase of the Spectrum Terrace office campus. The tech giant has signed a deal to take an additional 55,667 square feet of space at the Irvine Co.-owned project.
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