All Press Releases for November 13, 2018

Gaedeke Group Signs Venture X at One McKinney



    DALLAS, TX, November 13, 2018 /24-7PressRelease/ -- Gaedeke Group is pleased to announce Florida-based coworking concept Venture X is opening its Uptown location on the 5th floor of One McKinney. This 22,553-square-foot space will offer common community areas and conference rooms, 240 dedicated desks, private and virtual offices, and impressive Uptown and Downtown views.

"Dallas has suddenly become a priority market for expanding coworking operators," said Ryan Hoopes of Colliers International who represented the tenant. "The demand in almost every D-FW submarket is some of the highest we have seen across the country."

Designed primarily for business professionals and entrepreneurs, Venture X is also attracting hotel owners and large franchise investors. STR (formerly Smith Travel Research) predicted a growth of 2.2 percent in the number of hotel rooms in 2018 and off-site co-working is an excellent solution to meet a growing need. "The franchisees of this location are already owners of nearly a large number of McDonald's franchise locations, and they are investing in Venture X because it gives their management team a place where they have complete control and that enhances efficiency and productivity," noted Tom Weber, President of Venture X. "We offer a collaborative working environment that's conducive to all types of businesses and industries."

Venture X amenities include concierge-level member services, secure 24/7 access, Internet high-speed service, business-class copier/scanner/printers, fully equipped meeting rooms, centralized café and lounge areas, free coffee, tea, filtered water, and weekly catered breakfast/lunch. Weekly events focus on social, educational, cultural, and entrepreneurial themes to help businesses grow and to develop meaningful relationships.

The new Uptown location is one of six Venture X communities scheduled to open across North Texas over the next six weeks. Currently, there are three active locations; Galleria – Village on the Green, Irving – Las Colinas, and Plano – Legacy West. Venture X's Plano location is in Gaedeke Group's newest development, One Legacy West. Venture X has been recognized by Inc. as one of the best co-working spaces in the United States.

"Across the country Venture X is focusing on securing sites in high demand submarkets with immediate access to important amenities. Uptown Dallas and One McKinney fits that criteria in every way," said the Venture X franchise owner, Jonathan Ellis.

Elliot Prieur and Allison Johnston of Gaedeke Group brokered the deal.

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 Gaedeke Group
Gaedeke Group, is a next generation full-service real estate firm that provides investment, acquisition, management, leasing, construction management and portfolio management services. Headquartered in Dallas, Gaedeke Group's current portfolio encompasses three million square feet of Class A office properties in Arizona, Florida, Tennessee, Texas, and Washington, D.C.

The firm aims to provide high-quality Class A office environments by investing new capital, sound management principles, impeccable tenant services, and sustainable practices as a signature commitment to its pride of ownership and the community.

www.gaedeke.com

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