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| 227 Broadway, also known as Keller Block Building, Santa Monica, CA |
Los Angeles, CA – Avison Young, the world’s fastest-growing
commercial real estate services firm, announced today that it has completed a
multi-year office lease with GoCoin, an
international payment-services company. GoCoin will occupy 7,000 square feet
(sf) at 227 Broadway in Santa Monica, CA.
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| Randy Starr |
GoCoin is relocating and
expanding to occupy the entire third floor of 227 Broadway, also known as the Keller Block building, a 22,500-sf building registered by the City of
Santa Monica as a Historic Landmark.
The architecture of the
three-story property, constructed in 1893, is a regional interpretation of the
Romanesque Revival style. With GoCoin’s lease, the Keller Block Building is now
fully occupied. Other tenants include Partos Company, Papyrus and the City of
Santa Monica.
“This was a strategic move
to the heart of Silicon Beach in terms of location and recruiting new talent to
the company,” comments Starr.
“The challenge in finding a
space for GoCoin was to identify a property that was as turn-key as possible so
that the tenant wouldn’t have to go through the typical tenant-improvement
construction process. I was able to negotiate a below-market deal for the
tenant, while saving the landlord capital in regard to construction dollars.”
Starr adds that the building offers GoCoin the ability to expand
to additional creative space on the second floor as space becomes available.
GoCoin is moving its office from the Real Office Centers-ROC Santa
Monica location – a collaborative workspace for startup companies.
Situated on the northwest
corner of Third Street and Broadway, the Keller Block building has surrounding
operable windows over the Third Street Promenade and Broadway and has a history
of attracting creative firms. The property also provides easy access to Santa
Monica 10 Freeway and the neighboring communities of Pacific Palisades, Venice
and Malibu.
GoCoin is a leading
international payment platform enabling merchants to accept digital currency
such as Bitcoin and, more recently, Litecoin.
For a complete copy of the company’s news release, please
contact:
Darcie Giacchetto
D.G. Communications, Inc.
949.278.6224
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