Unlike its tech brethren, who generally are shrinking their office footprints in the Bay Area, Apple continues to scoop up bargains as it expands its office holdings in proximity to its headquarters in Cupertino.

Apple's latest acquisition is a four-story office building, located at 10200 South De Anza Boulevard—about two miles from the company's world headquarters—that the company purchased for $70M, according to a report in the San Jose Mercury News.

The tech giant bought the 161K SF building from San Francisco-based investment firm Rubicon Point, which bought the property in 2019 for more than $107M, the report said.

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