LinkedIn Expands Sunnyvale Campus with $75M Acquisition

In a strategic expansion move, LinkedIn has purchased a 120,000-square-foot R&D building located at 1022 W. Maude Ave. in Sunnyvale, California, for $75 million, according to the Silicon Valley Business Journal. The seller, Synopsys, previously held ownership of the asset, per CommercialEdge data.

Built in 2001 by The Catalyst, the two-story building spans 7 acres and offers 60,671-square-foot floorplates, ample space for large-scale operations, and 440 on-site parking spaces. Located with direct access to U.S. Routes 237 and 101, the property is approximately 11 miles northwest of downtown San Jose—a core area for innovation and growth. It’s also positioned among other tech heavyweights, with Apple, Meta, and Amazon maintaining a strong presence in the immediate area.

The acquisition strengthens LinkedIn’s physical footprint in Sunnyvale. The newly acquired site sits adjacent to the company’s global headquarters at 950 and 1000 W. Maude Ave., which LinkedIn acquired in 2021 for $323 million from RREEF Property Trust. LinkedIn has occupied the campus since 2016, following a 1 million-square-foot real estate swap with Google.

This purchase comes at a time when the Bay Area’s office market continues to adapt to shifting dynamics. According to CommercialEdge, national office sales hit $7 billion as of February, with an average trading price of $177 per square foot. The Bay Area ranked third in transaction activity with $467 million, following Manhattan ($1.8 billion) and Chicago ($561 million). Despite robust sales volume, the region’s office vacancy rate rose to 26.2%, up 550 basis points year-over-year, reflecting the broader transition underway in workplace demand.

LinkedIn’s move to secure this adjacent property signals confidence in the long-term importance of in-person collaboration and campus continuity—even as the office sector continues to evolve.