Venture X to Open Virginia Coworking Space

555 Belaire Ave. Image courtesy of CommercialEdge

Flex office provider Venture X has signed a 18,543-square-foot lease agreement with HMP Properties to open a coworking space in Chesapeake, Va. Cushman & Wakefield | Thalhimer brokered the deal on behalf of the tenant.

The building at 555 Belaire Ave. is part of the Summit Pointe mixed-use development. The flex space will comprise private offices, dedicated and shared desks, meeting rooms and virtual office plans. Amenities will include notary services, on-site community staff, mail service and a café and lounge area.

Completed in 2020, the six-story building spans 160,000 square feet, offering 25,000-square-foot floor plates and 9,556 square feet of retail space, according to CommercialEdge data. The tenant roster comprises LifeStance Health and a number of law firms, according to the same data provider.

Located in the Greenbrier Central Business District, the 69-acre Summit Pointe development currently includes a Dollar Tree Inc. campus, residential units, office and retail space. Upon completion, the project is slated to yield 500,000 square feet of retail space, some 250,000 square feet of hospitality and conference space, along with more than 1,400 residences.

The 555 Belaire Ave. building is adjacent to the Sentara Greenbrier Healthplex, provides access to Interstate 64 and sits roughly 5 miles from central Chesapeake. It is also some 10 miles south of Norfolk and 20 miles from Virginia Beach.

Cushman & Wakefield | Thalhimer Senior Vice President Robert Wright represented Venture X in the leasing agreement. The flex office provider currently operates more than 50 locations globally. Most recently, the firm opened a 19,000-square-foot space in suburban Chicago.