Three years after closing its headquarters and mostly abandoning San Francisco, Coinbase may be poised for a boomerang return.
The headquarters-free cryptocurrency exchange is shopping for more than 100,000 square feet of offices in San Francisco, including 130,000 square feet at 185 Berry Street, the San Francisco Business Times reported, citing unidentified sources.
The company led by Brian Armstrong is in talks with Berry Street owner McCarthy Cook, based in Costa Mesa, about a potential lease. The 885,600-square-foot building in China Bay, whose landlord is a unit of New York-based JPMorgan Chase, is the corporate home to Lyft.
Coinbase declined to comment to the newspaper about its office search, and didn’t respond to emailed questions.
In March 2021, the largest cryptocurrency exchange announced it would vaporize its corporate connection to San Francisco in closing its headquarters at 430 California Street. Soon afterward, the…
