Apple, Amazon Lease 442,400 Square Feet in Sunnyvale as South Bay Vacancy Falls to 14.1%
Updated
Updated · The Mercury News · Jul 20
Apple, Amazon Lease 442,400 Square Feet in Sunnyvale as South Bay Vacancy Falls to 14.1%
2 articles · Updated · The Mercury News · Jul 20
Summary
Apple leased 125,800 square feet at 580 North Mary Ave. and Amazon took 316,600 square feet at 1000 Enterprise Way, according to sources familiar with the deals.
Those leases add to signs of a South Bay office rebound, with Colliers saying demand for market-ready, amenity-rich Class A space helped push vacancy down to 14.1% in Q2 2026.
That rate improved from 14.8% in Q4 2025 and 16.2% a year earlier across Santa Clara County and Fremont, the market area tracked by Colliers.
Sunnyvale has become a focal point for office leasing and purchases, especially downtown, where AI firms are expanding; Apple has also been buying properties there.
Neither company commented on the specific transactions, though Amazon said it continues to evaluate Bay Area real estate needs around its workforce and business.