Apple, others seeking large expanse of land for autonomous car facility

Apple is among several technology companies that have been seeking large parcels of land in the San Francisco Bay Area for autonomous car facilities, according to a new report from the Wall Street Journal. Victor Coleman, chief executive of Hudson Pacific Properties Inc. — a company with extensive real estate holdings in the area — told analysts that his company is “seeing a definitive movement” and “hot demand” for autonomous-car research-and-development facilities. Demand is coming not only from the expected players such as Toyota, Tesla, BMW, Mercedes, and Ford, but also Apple, who is reportedly looking to secure 800,000 square feet for their autonomous cars.

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