SAN JOSE — Apple remains a powerful drawing card for real estate investors: Buyers from Silicon Valley have bought six Cupertino buildings occupied by the tech titan in a string of deals valued at nearly $100 million.
The buyers of the half-dozen buildings are listed as being based at a north San Jose address where small businesses are operating, public documents show.
The seller is a real estate branch of Silicon Valley Community Foundation, which in 2018 was engulfed in a scandal linked to allegations of a toxic workplace, an uproar that eventually led to the ouster of top officials at the charitable organization.
Real Estate Trust at Silicon Valley Community Foundation, the seller of the buildings, describes itself as an endeavor that handles donations of properties.
The buildings that were purchased are all older structures including office and research buildings and a fitness center, all rented by Apple, property documents and real estate records show.
The buyers paid a combined total of $98 million for the six buildings, according to documents that were filed at the Santa Clara County Recorder’s Office on Oct. 22.
The Cupertino buildings that have just been bought are at 20650 Valley Green Drive, 20700 Valley Green Drive, 20730 Valley Green Drive, 20740 Valley Green Drive, 10231 Bubb Road, and 10341 Bubb Road, assessment records show.