The First in the State of New Jersey

PARSIPPANY, NJ, December 02, 2019 /24-7PressRelease/ — Venture X, a premium membership-based workspace community for entrepreneurs and businesses, is breaking ground on its newest location in Parsippany—marking the first New Jersey location for the brand. The 15,000-square-foot- coworking space facility will be located at 8 Campus Drive, Arbor Circle South.

“We are thrilled to make progress with this new facility in Parsippany,” said Mahender Gorrai, owner of Venture X Parsippany-8 Campus Drive. “The building will fill a definite need for coworking space in a quickly growing area, as well as provide a unique work environment and networking opportunities to remote workers, freelancers and small businesses.”

In charge of construction is Mack-Cali Realty Corporation. As one of the country’s leading Real Estate Investment Trusts (REITs), Mack-Cali Realty Corporation is an owner, manager and developer of premier office and luxury multifamily properties in select waterfront and transit-oriented markets throughout New Jersey. A representative from Colliers International, Wayne Kasbar, Managing Director, brokered the deal.

In addition to services provided by Venture X, clients will enjoy this amenity-packed campus including but not limited to: a full service gym, fine dining and casual dining restaurants, a full service grocery store offering prepared foods, a beer garden, golf simulator, work out areas, and an extensive park-like setting. Construction was designed so that the facility is centered for optimal accessibility and convenience for coworkers commuting from New Jersey, New York, and Pennsylvania.

“We’re proud of the value this Venture X will bring to the communities of Parsippany and surrounding areas,” said Venture X President Jason Anderson. “The welcoming work environment offered by Venture X is something we’ve made a priority to achieve, and we look forward to answering the needs of entrepreneurs and business owners by adding increased flexibility to their lives.”

Venture X, a brand of the United Franchise Group, is inspired by boutique hospitality brands where relationships, consistent quality, and value-added offerings are the cornerstone of the membership experience. Its “best-in-class” working environment is very appealing to corporate clients and professionals from every level. This is displayed in the diversity of its membership that ranges from entrepreneurs, creative professionals, and freelancers, to remote workers, startups, non-profits, small businesses, and teams from Fortune 500 companies.

Additional details on workspace options and services are available at https://venturex.com/memberships.

About Venture X
Venture X is a membership-based, 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. It is designing beautiful spaces and developing an environment and community that people love coming to work to every day. Venture X is a member of United Franchise Group, a group of affiliated companies and brands, and has been recognized by Inc. as one of the best co-working spaces in the United States. The brand anticipates being the third largest coworking space in the world by the end of 2022. For more information about locations, visit venturex.com, and for information about franchise opportunities, visit venturexfranchise.com.

About United Franchise Group
Led by Founder and CEO Ray Titus, United Franchise Group is home to a variety of affiliated companies and brands, including Signarama, Fully Promoted, Experimax, Jon Smith Subs, Venture X, SuperGreen Solutions, Transworld Business Advisors, Accurate Franchising, Network Lead Exchange, and The Great Greek Mediterranean Grill. With more than three decades in the franchising industry, and 1,600 franchisees in 80 countries throughout the world, United Franchise Group offers unprecedented leadership and solid business opportunities for entrepreneurs.


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