BuildBlock Acquires San Francisco Office, Establishes Asia Business Hub

Buildblock, a comprehensive real estate service company, has acquired a corporate building valued at approximately 8 billion KRW near San Francisco, establishing a key foothold for Asian companies dreaming of entering the U.S. market. Located in Burlingame, California, this commercial property is merely 10 minutes from San Francisco International Airport and is situated in a critical strategic location within Silicon Valley, densely populated with leading AI and bio startups, including the Korean-affiliated venture capital firm Altos Ventures. Buildblock plans to utilize this corporate building not merely as a headquarters but as a strategic platform to help Asian companies successfully establish themselves in the U.S. market. To this end, they have newly launched innovative membership services, including virtual office, mail storage, co-working space, and meeting room access, and already over 100 companies have submitted letters of intent, showing an enthusiastic response. The company emphasized that this investment is a proactive response to the explosive increase in the number of Korean companies hoping to enter the U.S. market. In particular, the San Francisco and Silicon Valley regions are considered the most preferred entry points by Korean startup support organizations, and Buildblock has already successfully handled Silicon Valley real estate affairs for various startup-related organizations, including public institutions under the Korean government and venture capital firms affiliated with financial holding companies. Buildblock plans to significantly expand the organization of its San Francisco headquarters in response to the increasing demand from corporate clients. By strengthening its capabilities, centered around a "Corporate Expansion Task Force" dedicated to office leasing, buying/selling, design permits, interior construction, and facility management, they aim to provide close support throughout all stages, from the initial phase, to ensure that companies taking their first steps into the U.S. market can settle in stably without trial and error. Buildblock, which has provided comprehensive U.S. real estate services to ultra-high-net-worth individuals and corporate clients, will, through this corporate building acquisition and the launch of membership services, further solidify its position as the most reliable and effective partner for Asian companies seeking to enter the U.S. market.