Coinbase has leased the 18th and 19th floors, totaling 58,600 square feet, at 110 East, South End’s newest Class A+ office building.

The cryptocurrency exchange recently announced its planned expansion to create a “Center of Excellence” office destination in Charlotte, reinforcing the city’s growing status as a fintech hub. Coinbase’s plans require hiring over 130 employees locally as part of the company’s national expansion that will add 1,000 jobs across the country.

“We’re thrilled to welcome Coinbase to 110 East,” said Matt Knisely, Managing Director at Shorenstein. “The Property was designed to meet the needs of the most dynamic, forward-looking companies, and Coinbase’s decision to lease at 110 East is an incredible endorsement of this vision. From the building’s modern design and premium amenities to its seamless transit access and vibrant retail space, 110 East delivers an ideal workplace experience for modern tenants.”

JLL’s Conor Brennan represented Coinbase in the transaction. Jennifer Kurz, John Hannon, and Rhea Greene with Trinity Partners represented the landlord.

The Coinbase transaction is the largest of three recent leases signed at 110 East, totaling 115,000 square feet of new commitments within the past 30 days.

110 East is the first phase of a broader redevelopment plan to transform 1.2 acres at South and East Boulevard into a walkable destination for office, retail, and dining. The Jones Building at 1820 South Boulevard (formerly home to Tupelo Honey) is also undergoing restoration, expected to be delivered this fall. The final phase will revitalize the adjacent retail building (formerly The Manchester and Room 1812).