Apple is making a big bet on San Jose, according to a new report.

The iPhone maker has struck a deal to lease a 300,000-square-foot property in North San Jose near the city’s First Street tech corridor, the Silicon Valley Business Journal reported on Thursday. The move, which gives the company its first significant presence in San Jose in decades, could provide a boost to the city’s efforts to attract other tech companies to the area.

It’s not clear when Apple would move into the building, how many employees would be located there or what they would be doing at the site. The building, which is located just north of where Highway 87 ends at Highway 101, was previously occupied by Atmel and is now owned by Ellis Partners, a real estate firm.

Apple representatives declined to comment. Representatives of Ellis or Cushman & Wakefield, the real estate brokerage Ellis hired to lease the property, did not respond to a request for comment.

Despite being the world’s largest company by market capitalization, Apple has continued to grow at a strong pace with sales on target to reach more than $200 billion in its current fiscal year.

The company’s head count has continued to grow as well. At the end of Apple’s fiscal year last September, it employed the equivalent of 92,600 full-time workers, up from 80,300 a year earlier. Not including employees who work at its retail stores, Apple’s head count grew from 37,500 workers to 46,400 over the same time period.

To accommodate its expanding workforce, Apple is building an iconic new “spaceship” headquarters in Cupertino and has been leasing numerous nearby buildings.

Contact Troy Wolverton at 408-840-4285. Follow him at Twitter.com/troywolv.