All Press Releases for March 02, 2020

Venture X Acquires Three New Coworking Spaces for Full Rebranding

New Developments to Carry on Momentum From 2019 Growth



    WEST PALM BEACH, FL, March 02, 2020 /24-7PressRelease/ -- Venture X, the premium membership-based workspace community for entrepreneurs and businesses, has acquired three existing Serendipity Labs properties with rebranding and conversion plans of each space underway. The triple deal illustrates the demand for Venture X's signature high-end offices and inspiring, diverse, and collaborative culture.

Under the leadership of Tyler Evans, current franchise owner of Venture X Durham-Frontier RTP in North Carolina, the plans bring a 22,694-square-foot Venture X facility to 1213 W. Morehead St., in Charlotte, NC, a 24,116-square foot facility to 141 Traction St., in Greenville, SC and another soon-to-be-open 32,698-square-foot facility to 4854 O'Hear St., in Charleston, SC.

"Two of the acquired locations are currently occupied with tenants looking for flexibility, networking opportunities, and ways to increase productivity— the exact environment that Venture X provides, while the third location is slated to open in April 2020," said Evans. "We are excited to be part of such an innovative space conversion with Venture X, and to further its expansion in these regions."

A part of United Franchise Group's (UFG) family of companies, Venture X's new developments are hot on the heels of the brand's record-breaking growth. According to Jason Anderson, President of Venture X, 2019 was a banner year for the brand's franchise growth around the world.

"We expanded in both new and existing markets, surpassed more than 100 locations sold and opened the doors of 10 new coworking spaces," Anderson said. "These three new facilities bring our footprint to nearly a half million square feet of top-tier office space and it is because of franchisees like Evans that Venture X has been able to succeed with such exponential growth and global expansion."

The Venture X Charlotte -The Refinery location is an angled, five-story glass and steel building with skyline views of Uptown Charlotte. Members have walkable access to a variety of restaurants and retail establishments. Venture X Greenville – Plush Mills is the first Venture X location in South Carolina. Originally a textile mill, this iconic brick building is located on the outskirts of downtown Greenville. The Venture X Charleston-Garco Mill will be opening in April 2020.

Both individual and company memberships are available at the Venture X locations and include a wide variety of amenities to suit any professional need. Locations offer spacious, tech-friendly venues for hosting corporate, networking and social events to benefit both members and the community at large. Hours of operation are from 9 a.m. to 5 p.m., Monday through Friday, with 24-hour access with specific memberships.

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 every day. Venture X is part of a successful group of affiliated companies and brands under the United Franchise Group (UFG) and has been recognized by Inc. as one of the best co-working spaces in the United States. For more information about locations visit www.VentureX.com and for information about franchise opportunities visit www.venturexfranchise.com.

About United Franchise Group
Led by Founder and CEO Ray Titus, United Franchise Group is home to an affiliated family of brands, including Signarama, Fully Promoted, Experimax, Jon Smith Subs, SuperGreen Solutions, Transworld Business Advisors, Accurate Franchising, Venture X, The Great Greek Mediterranean Grill and Network Lead Exchange. 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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