Austin real estate tycoon Nate Paul is the latest property developer to enter the co-workspace sector. Paul is the founder of World Class Capital Group, which owns 12 properties in Austin that it plans to turn over to its new venture NowSpace. The company is converting the properties, which provide 1.2 million sq ft of office space, and plans to open the first centre in early April. Paul says locations outside Austin will be announced throughout 2019. “Co-working spaces are a great way for people who work from home or have other commitments outside their normal day job to get together with like-minded people,” said Paul.
Austin real estate tycoon Nate Paul is the latest property developer to enter the co-workspace sector. Paul is the founder of World Class Capital Group, which owns 12 properties in Austin that it plans to turn over to its new venture NowSpace. The company is converting the properties, which provide 1.2 million sq ft of office space, and plans to open the first centre in early April. “Co-working spaces are a great way for people who work from home or have other commitments outside their normal day job to get together with like-minded people,” said Paul.