“Apple Inc. is expanding its operations in Austin, with plans for a new 80,000-square-foot building at its campus in Northwest Austin, according to real estate sources,” M.B. Taboada reports for The Austin American-Statesman.
“The Cupertino, Calif.-based company also renewed the lease it has on 275,000 square feet in the three buildings in CarrAmerica Realty Corp.’s Riata Crossing, near U.S. 183 and Oak Knoll Drive, the sources said,” Taboada reports. “Ground-breaking on the two-story building, at 12565 Riata Vista Circle, probably will take place this summer, pending a city permit.”
“Apple now uses about 40,000 square feet for support service personnel in nearby Riata Corporate Park. The company will move these operations to the new building at Riata Crossing to bring them closer and double their space,” Taboada reports.
Jerry Frey, a senior vice president in Austin for CB Richard Ellis, an international real estate services firm, said, ‘It’s certainly a notable transaction. It’s always a favorable event that a quality company like Apple is expanding. It’s a continued vote of confidence for the operations they have here in Austin.'”
Full article here.
That’ll be a nice workplace upgrade for beleaguered Dell’s 8,000 recently laid off employees while Mikey tries to figure out how he’s going to sell the company and give the money back to the shareholders.
Karma’s a bitch, but schadenfreude certainly can be sweet.