All Press Releases for August 23, 2018

Venture X Signs Lease with Avison Young to Enter New Market in Doral

Florida Expansion Continues in Three Cities to Cater to Business Needs



    WEST PALM BEACH, FL, August 23, 2018 /24-7PressRelease/ -- Venture X, a premier provider of membership-based flexible, shared workspaces has announced its entry into a new market in Miami-Dade County. The 14,075-square-foot workspace, located in downtown Doral, was secured through a lease with Avison Young and is part of the company's expansion in the Sunshine State. Shared workspaces are now open in Naples, and more are scheduled to be operational in West Palm Beach's CityPlace, Palm Beach Gardens, and Orlando by fall 2018.

Based on projected business growth, Doral is poised to be a prime location for a Venture X workspace. "Doral is a thriving business community and our services are tailor-made to meet the needs of entrepreneurs and established businesses that need additional office space," said Tom Weber, president of Venture X. "We believe Florida is a natural target for growth, and with professionals constantly on the move, the convenience of having a second office is a real advantage."

Venture X members benefit from beautifully designed office spaces the provide a quality business environment, in which members are proud to bring their clients to. All locations feature convenient centralized cafés and seating areas for social, community and educational events. Additional amenities include high-speed Internet access, 24/7 keycard access, and rooms that serve as hubs for collaborative networking and business growth.

"Venture X, with its concept of boutique, hotel-style hospitality, is uniquely positioned as a major player in the shared office space market, the fastest-growing office segment in the U.S.," said Donna Abood, principal and managing director of Avison Young's Miami operations. "The company required a space in a submarket that will draw entrepreneurs and businesspeople, and the Doral location meets that criteria perfectly."

The shared workspace concept meets an essential need, as by 2020, forecasters say that approximately 65 million freelancers, temps, independent contractors, or entrepreneurs that either be working remotely or seeking niche office space. "Expansion into Miami-Dade was both a strategic and natural step for our company," said Weber. "We appreciate Avison Young for their guidance in selecting a prime location that positions us to provide workspaces where members can connect, be inspired, and improve their business."

New Venture X locations in Florida follow a recent growth trend that is expected to have 20 locations operational across the United States by the end of 2018. Recognized by Inc. as one of the best co-working spaces in the nation, Venture X is a brand member of United Franchise Group, a company specializing in business-to-business franchise systems and home to more than 1,600 franchisees throughout the world.

ABOUT VENTURE X
Venture X is a shared workspace and community that is a blend of boutique hotel and modern office styles with a high level of design that feels professional and welcoming. We are designing beautiful spaces and developing an environment and community that people love coming to work to every day. Founded in 2012 by entrepreneurs, father and son, David and Brett Diamond, Venture X has been recognized by Inc. as one of the best co-working spaces in the United States. For more information, visit www.VentureX.com.

ABOUT UFG
Led by CEO Ray Titus, United Franchise Group is home to a variety of internationally recognized brands including Signarama, Fully Promoted, Experimac, Jon Smith Subs, Venture X, SuperGreen Solutions, Transworld Business Advisors and The Great Greek Mediterranean Grill. With over three decades in the franchising industry and more than 1,600 franchisees throughout the world, United Franchise Group offers unprecedented leadership and solid business opportunities for entrepreneurs.

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