Priddy Spaces buys Venture X Palm Beach Gardens

By AI, Created 4:46 PM UTC, June 01, 2026, /AGP/ – Priddy Spaces has acquired Venture X Palm Beach Gardens, a 17,425-square-foot coworking site in South Florida, effective June 1, 2026. The deal expands the company’s Florida footprint and brings planned upgrades to common areas, meeting rooms and technology.

Why it matters: - The acquisition adds another premium flexible workspace to Priddy Spaces’ portfolio at a time when demand for hospitality-driven office space remains strong in high-growth markets. - Venture X Palm Beach Gardens has operated with occupancy above 90%, showing the location already has an established member base and local demand. - The deal strengthens Priddy Spaces’ presence across Florida and the Southeast while supporting its broader expansion strategy.

What happened: - Priddy Spaces acquired Venture X Palm Beach Gardens effective June 1, 2026. - The property is in Palm Beach Gardens, Florida, and spans 17,425 square feet. - The workspace includes 67 private offices and four meeting rooms. - Steve and Jeannie Fowle owned and operated the location since it opened in 2018. - The Fowles said they are retiring and are confident Priddy Spaces will continue the business.

The details: - Priddy Spaces said members will keep continuity in service, operations and community programming during the transition. - The company plans to draw on teams focused on hospitality, operations, human resources, marketing, sales training and member experience. - Priddy Spaces plans a refresh of the location’s common areas and meeting rooms. - Planned upgrades include new finishes, more collaborative spaces and updated audiovisual technology. - The company currently owns and operates Venture X and Office Evolution locations in Florida, Texas and Georgia. - Priddy Spaces also has additional locations under development. - Kevin Priddy said the company intends to continue the legacy built by the Fowles while investing in people, spaces and technology.

Between the lines: - The purchase fits a larger pattern of consolidation in flexible workspace, where operators with hospitality and operations expertise are buying proven locations and layering in scale. - Priddy Spaces is positioning itself as a premium operator, not just a landlord, by emphasizing service, design and member experience. - The transition appears designed to retain tenants first, then lift the property with targeted capital improvements.

What’s next: - Members should see the ownership changeover take effect immediately, with day-to-day operations expected to continue. - Priddy Spaces plans to roll out property enhancements after the acquisition closes. - The company says it will keep pursuing strategic growth in high-demand markets across the Southeast and Sunbelt.

The bottom line: - Priddy Spaces is betting that a proven coworking property with strong occupancy can be improved further through scale, service and selective upgrades.