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Coinbase Seeks San Francisco Office Space Three Years After Closing HQ There
Cryptocurrency exchange Coinbase is shopping for office space in San Francisco more than three years after closing down its headquarters there, reported the San Francisco Business Times. The company, which remains headquartersless, has sought more than 100,000 square feet of office in the city in recent months.
Coinbase was recently in talks to lease roughly 130,000 square feet at 185 Berry St. in San Francisco’s China Bay, currently home to Lyft’s headquarters. The 885,581-square-foot building is owned by McCarthy Cook & Co. and a subsidiary of JPMorgan Chase & Co.
The cryptocurrency exchange announced in May 2021 it would shutter its San Francisco headquarters at 430 California St. and shed its headquarters designation in the city; a few months later, the company listed 191,000 square feet at 430 California for sublease.
“Closing our SF office is an important step to ensuring no office becomes an unofficial HQ,” Coinbase said in a 2021 statement announcing the closure.
- ◦Lease
