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Andreessen Horowitz to Open Office at a Miami Beach Building

The venture capital firm is pushing into an area that’s become a hub for the crypto industry.

Ben Horowitz, co-founder of Andreessen Horowitz.

Ben Horowitz, co-founder of Andreessen Horowitz.

Photographer: Martina Albertazzi/Bloomberg
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Andreessen Horowitz, the venture capital firm also known as a16z, signed a lease for a new office in Miami Beach as the company seeks to build its presence in an area known as a crypto hub. 

The firm is leasing a floor at Barry Sternlicht’s Miami Beach office at 2340 Collins Ave., according to a statement Thursday. The deal includes a private terrace for Andreessen and an additional communal terrace for other tenants, such as Sternlicht’s Starwood Capital Group and BTIG.