Apple signs lease for office building in Southwest Austin

Apple signs lease for office building in Southwest AustinApple Computer currently have over 4,515 employees in Austin, Tx and they continue to grow at an unbelievable rate!  Regardless of them building a brand new campus on Parmer lane they can't seem to lease or buy enough office space to accommodate their growth.  They also purchased Riata Crossing North, a 350,000 sf building which is located near their new Parmer campus.

Recently they leased 215,000 sf at Capital Ridge, a brand new class A office located at 320 S Capital of Texas Hwy.  This is a 7 story office building built by Riverside Resources.

Obviously Apple is getting a lot of tax incentives from the city of Austin!  For adding 3,600 employees they will receive over $35,000,000.

 

 

 

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