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Friday, July 13, 2018

Real estate briefs: CustomSpace brings industrial coworking to Texas - Houston Chronicle

Real estate briefs: CustomSpace brings industrial coworking to Texas - Houston Chronicle: CustomSpace, a provider of coworking space to industrial and office tenants, has leased 113,152 square feet in Central City Industrial Park at 5301 Polk Street, Building 14, for its first Texas location. Barkley Peschel and Mike Davis with Colliers International and Trey Erwin with Lee & Associates represented the tenant. The company provides warehousing, storage and office space to tenants seeking between 250 and 10,000 square feet.

Steve Case’s VC Firm Moves Into Direct Real Estate Investing

Steve Case’s VC Firm Moves Into Direct Real Estate Investing: Steve Case’s Revolution LLC hired real estate investors Starling Cousley and Clint Myers to develop properties for startups in U.S. regions overlooked as potential tech hubs.

Cousley and Myers will join the venture capital firm as partners and take advantage of new tax incentives for investing in “opportunity zones,” according to a statement released Thursday. These are lower-income areas eligible for a range of benefits, including one that exempts investors from paying income taxes on capital gains.