The acquisition of four existing flexible workspaces in the Dallas-Fort Worth market by multi-unit franchise owners Kevin and Geidre Priddy represents a significant expansion for the Venture X brand in a high-growth region. The Priddys, operating through their company Priddy Spaces, acquired the locations from Plano-based landlord Michael Comegys, who sought experienced flex workspace operators to manage the spaces. The properties were formerly branded as CityCentral and are being converted to offer Venture X's amenities and hospitality-focused member experience.
Kevin Priddy explained the strategic rationale behind the expansion, noting their four years of operation in Florida and desire to enter other high-growth markets. "The locations themselves are within strong demographics, and we felt confident that we would add value as flex workspace operators where this is our core business," said Priddy. He emphasized the evolving role of flexible office space in corporate real estate strategy, stating, "With the evolution of hybrid work and corporate real estate strategy in recent years, flex office space is a true asset to commercial landlords."
The four converted locations include Venture X Downtown Fort Worth at 600 W. 6th St., Suite 400; Venture X Plano West at 6010 W. Spring Creek; Venture X Plano East at 500 N. Central Expressway, Suite 500; and Venture X Dallas-Addison at 17250 Dallas Parkway. These additions bring Venture X's total Dallas-Fort Worth presence to over a dozen locations, offering flexible, sophisticated workspaces for professionals and businesses of all sizes. For more information about Venture X locations, visit https://www.venturex.com.
Venture X is part of Vast Coworking Group, the largest privately owned franchisor of coworking spaces and second-largest network in North America by number of locations. Vast President Jason Anderson praised the Priddys' expansion, stating, "Kevin and Geidre are outstanding franchise owners who consistently exemplify what it means to operate at a high level within our system. Their disciplined growth, operational excellence, and ability to identify strong opportunities in key markets like Dallas-Fort Worth speak volumes about their leadership." Vast Coworking Group has over 200 locations globally spanning 2.7 million square feet. Additional information about the parent company is available at https://www.vastcoworking.com.
This expansion reflects broader trends in the commercial real estate and flexible workspace industries, where experienced operators are capitalizing on the shift toward hybrid work models. The Priddys' move into Dallas-Fort Worth demonstrates how franchise models enable rapid geographic expansion while maintaining brand standards and operational quality. Beyond Dallas-Fort Worth, the Priddys are developing additional Venture X and Office Evolution locations in South and Central Florida and Metro Atlanta, indicating continued growth in the flexible workspace sector as businesses seek alternatives to traditional office leases.
