XSpace Houston by day, a four story building with a diamond pattern facade, rooftop greenery, and X S P A C E letters above the garage bays

Commercial condominium ownership

Space forwhat drivesyou.

Private garage and workspace you own outright, inside the loop beside Memorial Park.

Explore the building
  • 86Customizable units
  • 572–2,691Square feet per unit
  • 20 ftCeilings
  • 4Floors with vehicle access
  • Q2 2027Delivery

The ownership model

A garage condo you own outright. You buy a shell with power and air, finish it to your use, and own the real estate your business or collection lives in.

  • Own.

    A commercial condominium unit you hold title to. POA dues cover the shared building, just like any condo.

  • Use.

    Work, store, build, and entertain. By appointment businesses are welcome, and the space is yours around the clock.

  • Finance.

    Commercial financing through VeraBank, with terms up to 25 years. Your payment builds equity, not a landlord's.

The building

Built like a vault.
Finished like a club.

Tilt wall concrete and steel, industrial modern. Every unit is delivered as a shell with power and air conditioning, and we connect you with design and build partners.

  • Triple gated entry
  • 24/7 owner access
  • Backup generator
  • Drive up access to most units
  • Bay door on every unit
  • Dedicated vehicle elevator
  • Loading dock
  • Fully air conditioned
  • Communal workspace and kitchen
  • Conference rooms
  • Restrooms and showers on every floor
  • Rooftop terrace and owners lounge

Gallery (16)

Who it is for

Four owners. One building.

About half the owners here are businesses and studios, not car collections.

Private glass walled office with a man working at a desk, brick walls, and track lightingEntrepreneurs and business owners

The Headquarters

Own the space your business runs in.

  • Stop paying rent and build equity in your own address.
  • Private by design, with no street signage.
  • Conference rooms and communal workspace included.
A yellow Porsche and a red Ferrari on a showroom floor, with a mezzanine lounge aboveCollectors

The Collection

Your cars, your space, your terms.

  • Drive up access, a bay door on every unit, and a vehicle elevator.
  • 20 foot ceilings with room for a lift or a mezzanine.
  • Rooftop lounge and RAFA Racing Club access.
Studio workshop with worktables, drones and laptops, red trimmed cabinets, and guitars on the wallDesigners and creative businesses

The Studio

Showroom, workshop, and meeting room in one.

  • One address at the Houston Design Center.
  • Room to build, display, and present to clients.
  • Shared conference rooms for larger meetings.
XSpace Houston facade in daylight, with the diamond pattern panels, rooftop greenery, and cars out frontReal estate investors

The Asset

Scarce inner loop ownership.

  • A supply constrained asset class with very few comparable buildings.
  • Hold one unit or several. Most buyers take 2 to 4.
  • 1031 exchange buyers: ask us about timing and closing dates.
Why nowLive

Dec 7, 2026Last day to request mezzanine changes on floors 3 and 4.

--days
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  • Approaching 40 percent presold.
  • Phase 1 steel underway.
  • Buyers average 2 to 4 units.
Location

Inside the loop.
Next to Memorial Park.

  • Spring Valley Village8min
  • Memorial Villages10min
  • Uptown and the Galleria10min
  • Tanglewood10min
  • The Heights12min
  • River Oaks15min

The Houston Design Center sits at the entrance, with upper tier showrooms and custom builder offices. Your clients, suppliers, and designers are already on the block.

Memorial Park is the backyard. 1,466 acres, the host course of the Houston Open, the Eastern Glades, and the Land Bridge.

7022 Old Katy Road, Houston, TX 77024
Open in Google Maps
Financing and ownership costs

Numbers first.

Commercial financing up to 25 years, and the monthly costs published up front. No surprises.

VeraBank commercial financing

25Year terms, up to

Talk with Tyler Staebell, SVP Commercial Banking, about terms for your unit or combination.

Talk to the lender

Ownership costs, estimated

$0.65POA dues per SF, per month

Example on 2,691 SF
About $1,750
Property tax
Estimate coming

Incentives for initial buyers

$100KRAFA Lifetime Membership value

  • RAFA branded units include the Lifetime Membership package.
  • All other units include waived Social Membership initiation, elected at closing or within 30 days.
  • Builder incentives on select units. Ask us.
Proof and progress

The building
is going up.

  1. Phase 1 steel erection underway.

    Steel frame rising behind the standing tilt wall panels. Decking staged on site.

    Steel frame rising behind the standing tilt wall panels. Decking staged on site.
  2. Tilt wall panels standing.

    Concrete tilt wall panels lifted and braced along the east elevation.

    Concrete tilt wall panels lifted and braced along the east elevation.
  3. Walls Up VIP event.

    Owners, brokers, and partners on site for the Walls Up happy hour at golden hour.

  4. Construction began.

    Site work and foundations started at 7022 Old Katy Road.

Honest answers

Questions we hear most.

Straight answers on dues, noise, signage, and delivery.

See it
in person.

We walk the unit on plans with you at 7022 Old Katy Road. Tell us how to reach you and we will set the time.

By submitting, you agree that Nelson Co. Group and SERHANT. may contact you by phone, text, or email about XSpace Houston.

Cooperating brokers welcome.

Co-op terms are shared in the broker packet.

Your team

Eric Nelson and Erika Nelson. We know every unit in the building.

Nelson Co. Group, SERHANT. Houston. Also contact Michael Petersen, SERHANT.