SAN ANTONIO - Weston Urban LLC has bought the Rand Building from Frost Bank with plans to establish a permanent home for Rackspace Hosting’s Geekdom program. The historic, eight-story building is located at 100 E. Houston St. near the corner of Soledad.
Geekdom program provides shared office space and mentoring for high-tech start-ups.
Frost Bank will lease back all but two floors of the building from Weston Urban for two years before vacating it completely in spring 2015.
Geekdom is currently located at the Weston Centre; however, the new space will be able to double the size of the company's current footprint. Renovations should begin on the space this fall and Geekdom should be ready to move into the building by early 2014.
The Rand Building could also house the Rackspace Open Cloud Academy, the company’s new cloud training and certifications. The academy is being temporarily housed at the Weston Centre.
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