TechSpace Announces A New Office Space Location in New Market, Austin Texas

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National provider of premier office space and advanced technology services announces new location in Austin Texas

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We are excited to partner with Parkway Properties, a premier real estate company that owns and operates office properties across higher growth submarkets in the Sunbelt region of the United States.

TechSpace Holding Co., answering strong demand for its flexible office space and technology services, today announced plans to expand into Austin Texas by opening its eighth TechSpace business center to be located at 98 San Jacinto Blvd., Austin, TX, 78701.

Located in the heart of CBD (Central Business District), TechSpace Austin will occupy the ground floor and the entire 4th floor of the San Jacinto Center, a high quality office building owned by Parkway Properties, Inc. (NYSE:PKY). The unique 28,000 square foot TechSpace Austin facility will feature 24 private office suites on the 4th floor totaling 250 workstations and a unique coworking and event space on the ground floor. The site is scheduled to open in January 2016 and will join seven existing locations in New York City, Los Angeles, Orange County and San Francisco, California.

“Our new Austin location extends TechSpace’s heritage of delivering extraordinary office space and technology solutions to small- to mid-sized businesses” said Victor Memenas, Chief Executive Officer for TechSpace. “We’re excited to bring our model of cost-effective, efficient, flexible office space to the Austin market. It’s a great alternative to traditional commercial office space.”

The new campus will be located in the Central Business District (CBD) adjacent to Lady Bird Lake, featuring unparalleled views of downtown Austin and Lady Bird Lake. The CBD is defined by downtown high-rise buildings, vibrant restaurants and hotels and what is becoming the most desirable location for an exploding technology sector business community. TechSpace Austin will feature smartly configured floor plans designed to promote worker productivity in a collaborative, community-centric environment. The space will be flexible, including interconnecting and scalable offices, fully-equipped conference rooms, event space and various other business services. An advanced on-site technology platform will provide an enterprise-class, Tier 1 IT infrastructure complete with a private, firewalled data network, dedicated and burstable internet connectivity and advanced voice telecommunications. The TechSpace solution allows companies to preserve capital and keep overhead to a minimum, while focusing on enhancing their core competencies.

“We are excited to partner with Parkway Properties, a premier real estate company that owns and operates office properties across higher growth submarkets in the Sunbelt region of the United States,” said Memenas. “Their commitment to offering best in class assets mirrors our commitment to our members. TechSpace Austin will allow us to expand our outstanding customer service and highly flexible, low-commitment model to many more companies seeking to grow their businesses without the burdens of long-term leases and unnecessary capital investment.”

About TechSpace:
TechSpace is the leading national provider of modern, scalable, full-service office space and advanced technology services designed for small to mid-size growth companies. We provide a smart solution for businesses by allowing room for growth or downsizing as necessary—without the high cost of moving.

All our spaces are interconnecting, scalable and include workstation furniture, fully-equipped conference rooms, mail room and service center services, advanced voice and data telecommunications and reception services. Our advanced on-site technology platform provides an enterprise-class, Tier 1 IT infrastructure complete with a private, firewalled data network, dedicated and burstable internet connectivity, advanced voice telecommunications, e-mail, web, and application hosting services.

With 8 locations nation-wide, we help businesses overcome typical operating obstacles by combining workspace, technology infrastructure, business support, and professional services, leaving companies free to concentrate on their core competencies while preserving capital.

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Kim Marchbank

Vic Memenas
@TechSpaceInc
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