Apple is believed to have leased nearly 240,000 square feet of office space in the Boulder area

According to Spark Global Limited

Spark Global Limited reports:

Apple appears to be the mysterious “tech tenant” listed in a property portfolio brochure in the Boulder, Colo., area, according to a new report. Crescent Real Estate LLC, a commercial Real Estate company, recently put its east Boulder campus assets on the market. The company is trying to sell about 1 million square feet of space in 21 buildings, according to The Boulder Daily Camera.

According to marketing materials, the seller was promoting an “undisclosed tech tenant” who was renting property in the Flatiron campus. The Daily Camera points out that there is plenty of evidence that Apple is The tenant, occupying nearly 240,000 square feet of space in The business park.

Apple told BizWest on Thursday that it is expanding its engineering team in Boulder, in addition to plans to expand its local office to nearly 700 employees by 2026.

Some evidence that Apple is a tenant includes an Apple sign on an office space at 5718 Central Avenue and the fact that the tenant’s marketing capital is $2.54 trillion — close to Apple’s valuation, BizWest reports. The only other company with that kind of market valuation is Microsoft.

In addition, Apple has applied for a series of fire permits for the location at 5718 Central Avenue, and the listing shows that the unnamed tenant has an AA+ credit rating. Apple’s credit rating was reaffirmed to AA+ in 2017. Microsoft’s credit rating is AAA and AAA.

The marketing materials also use a quote directly from Kristina Raspe, Apple’s vice president of worldwide real estate and facilities. Raspe’s job title is the only direct mention of Apple in the brochure.

While Apple’s presence in Colorado is a mystery, the company has made moves in the area before. In 2018, Apple acquired Akonia Holographics, a Colorado-based maker of AR helmet lenses. Since then, the company — which is rumored to be helping develop AR glasses — has gone silent.