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Brian Armstrong Of Coinbase Leases 150,000 SF Office Space From Landlords Rob Speyer And Larry Baer In San Francisco

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LEASED

California

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Office150,000 SF
Leased 05/28/2025
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LEASED

Brian Armstrong Of Coinbase Leases 150,000 SF Office Space From Landlords Rob Speyer And Larry Baer In San Francisco

1090 Dr. Maya Angelou Way

See Similar Deals
Office150,000 SF
Leased 05/28/2025
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Summary

CALIFORNIA
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:150,000 SF
Transaction Type:Lease

The property asset involved is located at 1090 Dr. Maya Angelou Way in San Francisco, consisting of office space totaling 150,000 square feet. The transaction is notably in the San Francisco market.

Summary of transation details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 1090 Dr. Maya Angelou Way
  • Square Footage: 150,000 SF
  • Landlord: Rob Speyer - Tishman Speyer ; Larry Baer - San Francisco Giants
  • Tenant: Brian Armstrong - Coinbase

Brian Armstrong of Coinbase has signed a lease for the aforementioned office space, indicating the company's significant return to physical office operations after adopting a remote-first model in 2021. Despite securing this lease, Coinbase has stated a commitment to remote work, asserting that employees will not be required to return or relocate.

Details

LEASED
IMAGE: Rob Speyer, Larry Baer & Brian Armstrong DATE: 05/28/2025 ADDRESS: 1090 Dr. Maya Angelou Way MARKET: San Francisco ASSET TYPE: Office ~ SF: 150,000 LANDLORD: Rob Speyer - Tishman Speyer (@TishmanSpeyer); Larry Baer - San Francisco Giants (@SFGiants) TENANT: Brian Armstrong (@Brian_Armstrong) - Coinbase (@Coinbase) NOTE: Coinbase leased 150,000 SF at Mission Rock’s Building B in San Francisco, marking a major return to office space after going remote-first in 2021 and closing its former HQ. Despite the new lease, the company says it remains committed to remote work and won’t require employees to return or relocate.

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Deal Type
Effective Rent (Annual)

$8,597,909.48

Total Lease Value

$85,979,094.84

Net Landlord Cash Flow$8,597,909.48