Tech giant Apple this week bought the Boylston Street building that includes its three-story flagship Boston store for $88 million, according to a deed posted Wednesday. At about $3,500 per square foot, the deal is one of the most expensive of its kind statewide in recent years, Boston Business Journal reported.

In New York City, owner-occupied retail properties are a growing trend, as companies look to control their own spaces. In Boston, one of the biggest technology companies is making the same play. Apple purchased the property at 815 Boylston Street in the Back Bay neighborhood for $88 million,

Apple Inc. has purchased the Boylston Street property that houses its Back Bay store for $88 million, in one of the priciest retail real estate deals in Massachusetts in recent years.

Apple announced on Thursday a new API called the Advanced Commerce API to support more in-app purchase formats, such as subscriptions and content add-ons.

Apple yesterday announced a new API to expand in-app purchase capabilities on the App Store, providing developers with new ways to support