Andreessen Horowitz leases HQ in Related Ross’ CityPlace amid uptick in defense technology investment
Venture capital firm Andreessen Horowitz plans to move its defense and aerospace fund to a West Palm Beach, where it’ll be the newest tenant in a Related Ross building. The California-based venture-capital giant plans to open the regional headquarters next year for its $1.2 billion American Dynamism fund, which backs national security and industrial startups, the Wall Street Journal reported. The lease in the 18-story CityPlace Tower, at 525 Okeechobee Boulevard, adds to the growing defense hub in Florida and highlights long-term plans from developers like billionaire Steve Ross to bring major companies to West Palm Beach. The state plans […]This article originally appeared on The Real Deal. Click here to read the full story.
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