SUNNYVALE \u2014 Apple and Amazon have agreed to leases for office space in Sunnyvale, sources familiar with the transactions disclosed.<\/p>\n
Apple will lease a 125,800-square-foot building at 580 North Mary Ave., multiple sources stated. Peery Arrillaga, a Bay Area real estate development firm, owns the property.<\/p>\n
Amazon struck a deal to lease 316,600 square feet at 1000 Enterprise Way, multiple sources familiar with the transaction said.<\/p>\n
The agreements arrive at a time when the South Bay office market has caused vacancy levels to improve in the April-through-June second quarter of 2026 when compared with the prior three months at the end of 2025.<\/p>\n
\u201cThe Silicon Valley office market saw continued growth as significant tech leases contributed to another quarter of occupancy gains, driven by tenant demand for market-ready, amenity-rich Class A space,\u201d Colliers, a commercial real estate firm, stated in a report for the South Bay office market during the second quarter.<\/p>\n
The office vacancy rate in the South Bay was 14.1% in the second quarter of 2026, Colliers reported. Colliers defined the market area as Santa Clara County and Fremont.<\/p>\n
That was an improvement from the 14.8% office vacancy rate during the October-through-December fourth quarter of 2025 and the 16.2% vacancy rate in the second quarter of 2025, Colliers reported.<\/p>\n
In recent months, Sunnyvale has become a hot spot for commercial leases and purchases of office sites. The activity has been particularly noticeable in downtown Sunnyvale<\/a>, as artificial intelligence firms expand.<\/p>\n Apple also has been active in Sunnyvale<\/a>, adding property purchases<\/a> to its leasing activity.<\/p>\n","protected":false},"excerpt":{"rendered":"SUNNYVALE \u2014 Apple and Amazon have agreed to leases for office space in Sunnyvale, sources familiar with the…\n","protected":false},"author":2,"featured_media":405872,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[8487,6856,184,387,7,8,3010,1335,383,1533,181,23,100,3012,182,388,88,90,89,198,94685,200,203,1970],"class_list":["post-405871","post","type-post","status-publish","format-standard","has-post-thumbnail","category-san-jose","tag-amazon","tag-apple","tag-bay-area","tag-business","tag-california","tag-california-news","tag-commercial-real-estate","tag-development","tag-economy","tag-keywee","tag-latest-headlines","tag-local-news","tag-news","tag-office-buildings","tag-pm-report","tag-real-estate","tag-san-jose","tag-san-jose-headlines","tag-san-jose-news","tag-santa-clara-county","tag-social-alert","tag-south-bay","tag-sunnyvale","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/405871","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/comments?post=405871"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/405871\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media\/405872"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media?parent=405871"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/categories?post=405871"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/tags?post=405871"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}