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Apple has made its first property acquisition in San Diego, a $445M purchase of the 67.5-acre Rancho Vista Corporate Center, an eight-building complex encompassing 817K SF in the city’s Rancho Bernardo submarket.
The deal, reported by the San Diego Union-Tribune, enlarges Apple’s office footprint in San Diego to more than 1M SF and will help facilitate the tech giant’s plan to increase its workforce in the city to 5,000.
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