Avison Young completes 7,000-square-foot office lease with GoCoin in Santa Monica, CA

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.

Randy Starr

Avison Young Principal Randy Starr, based in the company’s Santa Monica office, represented GoCoin as well as the landlord, Third Street Limited, in the transaction.

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