Good Space

What Good Space does

Good Space is a private Dallas-based real estate firm that acquires, restores, and develops historic commercial and residential properties, primarily in the Bishop Arts District of North Oak Cliff. Founded in 1995 by attorney David W. Spence in partnership with Bennett Miller and Trey Bartosh, the company specializes in adaptive reuse and historic preservation of trolley-era buildings and has assembled a portfolio of more than ten distinct properties over three decades, including the Bishop Arts Building, Bishop Gate, Bishop Terrace, Bishop Green, the Davis Street Garages, the Cottages of 8th Street, Magnolia at Bishop Arts, and the TyPo Campus.

Revenue is generated primarily through recurring rental income across residential and commercial leases. The residential book comprises roughly 69 units spanning one- and two-bedroom apartments and cottages, while the commercial book includes professional office suites (from $1,050/month), retail space (from $25/sf), general commercial space (from $18/sf), and office cottages (from $1,200/month). Tenants are a curated mix of independent restaurants and retailers (including Bolsa, Bolsa Mercado, Dude Sweet Chocolate, Emporium Pies, and Dallas Bike Works), design firms, and urban residents. The firm has earned the American Society of Landscape Architects Conservation Award, the National Wildlife Federation Wildlife-Friendly Habitat Award, and Historic Preservation Awards.

The business is founder-led and privately held with no disclosed institutional capital, acquisitions of other operators, or material leadership turnover. Growth has been organic and incremental, paced by individual project delivery and district-level catalysts such as the anticipated Dallas streetcar line. The most recent strategic moves include the Magnolia at Bishop Arts partnership with Magnolia Property Company (a 38-unit new-construction multifamily project) and development of the TyPo Campus at the Tyler-Polk corridor, indicating an intent to broaden both product type and geographic reach within North Oak Cliff.

Name

Good Space

Legal name

Goodspace, Inc.

Website

https://goodspace.com

Company type

Private

Founded year

1995

Operating status

Operating

Short description

Good Space is a private Dallas real estate firm founded in 1995 that acquires, restores, and develops historic commercial and residential properties in the Bishop Arts District, leasing restored trolley-era buildings to independent businesses, creative professionals, and urban residents across a ten-property portfolio.

Ownership category

akta.pro rank

Product category

Historic Real Estate Leasing and Management

NAICS

Lessors of Real Estate (5311), Lessors of Nonresidential Buildings (except Miniwarehouses) (531120), Rental and Leasing Services (532)

SIC

Real Estate Dealers (For Their Own Account) (6532)

akta.pro primary industry

Renovation, Remodeling & Tenant Improvements (General Contracting) (IMAFAAAE)

Keywords

• Historic property renovation
• Commercial property leasing
• Residential apartment leasing
• Adaptive reuse real estate
• Mixed-use property development

Headquarters

HQ city

Dallas

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Commercial Property Leasing: Good Space leases commercial spaces (professional office suites, retail storefronts, mixed-use venues) to entrepreneurs, creative professionals, and established businesses in the Bishop Arts District. Revenue is generated through monthly rent payments across properties including the Bishop Arts Building, Davis Street Garages, TyPo Campus, and Cottages of 8th St.
2. Residential Property Leasing: Good Space leases restored streetcar-era apartments to individuals and families. Properties include Bishop Gate, Bishop Terrace, Bishop Green, Bishop Arts Building, and Magnolia at Bishop Arts. Revenue is recurring monthly rent from tenants who expect energy-efficiency, reliability, storage, and safety in century-old buildings.
3. Property Management Services: Good Space both develops and manages its properties, including the Magnolia at Bishop Arts (38 units developed and managed by Magnolia Property Company, partnered with Good Space). The company maintains grounds, common areas, and building systems for its tenant base.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Good Space acquires, renovates, and manages historic trolley-era commercial and residential properties in Dallas' Bishop Arts District. The firm leases restored commercial spaces to independent chefs, creative professionals, and small businesses, while offering character-rich residential apartments to urban households seeking walkable, historically preserved housing.

Product overview

Good Space is a real estate development and property management company specializing in historic building restoration in Dallas' Bishop Arts District. The company operates a portfolio of nine distinct properties divided into residential apartments and commercial spaces. Residential offerings include Bishop Gate (8 one-bedroom units), Bishop Terrace (16 one-bedroom units), Bishop Green (6 units), Bishop Arts Building apartments, and Magnolia at Bishop Arts (38 one- and two-bedroom units). Commercial offerings include Bishop Arts Building professional suites, TyPo Campus (retail storefronts), Davis Street Garages (converted automotive buildings with office and retail space), and Cottages of 8th St. (converted historic homes for office use). The company focuses on preserving pre-automotive era architecture while providing modern amenities.

Differentiator

Problem solved

Functional benefit

Products and services

• Bishop Gate
• Bishop Terrace
• Bishop Green A residential property in the Bishop Arts District offering restored apartments with outdoor/green space elements to urban residents.
• Bishop Arts Building (Residential)
• Bishop Arts Building Commercial Suites
• Magnolia at Bishop Arts
• TyPo Campus
• Davis Street Garages
• Cottages of 8th St.
• Property Management Services

Named customers6 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Four partnerships are on record, tiered foundational and core.

• Bennett MillerfoundationalStrategic or Co-development PartnerUrban redeveloper Bennett Miller advised David W. Spence to organize Good Space as a for-profit venture rather than a nonprofit, fundamentally shaping the company's approach to neighborhood revitalization through market-based property renovation.
• Trey BartoshfoundationalStrategic or Co-development PartnerArchitect and business partner Trey Bartosh mentored David Spence on the first restoration project — a condemned 16-unit apartment house built in 1928 — which became Bishop Terrace and established the template for Good Space's future projects.
• Magnolia Property Company (Randy Primrose & Chad Little)coreStrategic or Co-development PartnerGood Space selected Randy Primrose and Chad Little as partners to develop and manage Magnolia at Bishop Arts — the first new apartments on Bishop Ave. in 50 years, containing 38 units at 801 and 908 N. Bishop Ave. Magnolia Property Company handles leasing, management, and operations for this property while Good Space retains ownership.
• Dallas Bike WorkscoreChannel Partner/ Reseller/ DistributorDallas Bike Works anchors the TyPo campus development at 600 N. Tyler St., described as 'the largest bike shop between White Rock Lake and Austin.' It serves as a key anchor tenant that drives foot traffic to the TyPo campus retail environment.

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Lincoln Property Company: Large Dallas-based multifamily and commercial real estate owner/operator with substantial Dallas-Fort Worth portfolio. Comparable in customer base (residential and commercial tenants) and region, but far larger and asset-class-diversified versus Good Space's boutique historic focus.
• Trammell Crow Company: Dallas-headquartered national commercial real estate developer with significant mixed-use and multifamily activity. Comparable in geography and broad real estate development, but at far larger scale and with institutional capital backing that Good Space lacks.
• Greystar Real Estate Partners: Largest U.S. multifamily operator with a meaningful Dallas-Fort Worth presence, providing comparable residential leasing services and tenant base. Far broader scale and a national portfolio, but indicative of where Good Space's residential leasing business sits competitively.

Regional players

• Crescent Real Estate: Dallas-based real estate investment and development firm with residential and mixed-use exposure, including urban infill. Regional overlap with Good Space but operating at institutional scale with public-market reporting.
• Centurion American Development Group: Dallas-headquartered developer of luxury residential, mixed-use, and adaptive-reuse projects. Operates in overlapping North Texas submarkets and works on comparable urban infill, although at much larger scale and broader geography.
• Hillwood: Ross Perot Jr.-led Dallas mixed-use and real estate developer active in urban infill and master-planned districts in North Texas. Overlaps with Good Space in North Texas development activity and mixed-use expertise, although Hillwood operates at substantially greater scale.

Direct peers

• Magnolia Property Company: Co-developer and operating partner of Magnolia at Bishop Arts (38 units). A boutique multifamily operator in Dallas with overlapping asset class, scale, and submarket, making it the most direct peer to Good Space's residential leasing arm.
• Wood Partners: Multifamily developer and operator with a major Dallas presence and a national urban-infill focus. Similar in residential product type (boutique and mid-rise apartments) and tenant overlap, though it builds ground-up rather than adaptive reuse.
• JPI (Jefferson Apartment Group): Dallas-headquartered multifamily developer, builder, and operator with urban infill experience across the U.S. Directly comparable business model (build/operate multifamily) and shared Dallas base, although substantially larger and primarily new construction.

Others

• Stream Realty Partners: Dallas-based commercial real estate services and investment firm covering office, retail, and industrial leasing. Not a direct residential competitor, but a comparable Dallas-rooted real estate services platform engaging similar commercial tenants in overlapping submarkets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/pages/Good-Space/416478079831

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Good Space