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2335 East Atlantic Boulevard

Mark Corlew Of Grover Corlew Leases 20,000 Square Feet To Priddy Spaces In Pompano Beach
LEASEDOffice

Mark Corlew Of Grover Corlew Leases 20,000 Square Feet To Priddy Spaces In Pompano Beach

2335 East Atlantic Boulevard

Building Size

20,000 SF

Asset Type

Office

Closing

Aug 11, 2026

AI

The property asset involved in the transaction is an office space located at 2335 East Atlantic Boulevard, Pompano Beach, FL. The asset encompasses a total of 20,000 square feet, occupying the second through fourth floors of a 44,102-square-foot office building owned by Grover Corlew.

Summary of transation details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Lease Terms: 10 years
  • Landlord: Mark Corlew - Grover Corlew
  • Tenant: Kevin Priddy - Priddy Spaces

Priddy Spaces will utilize the leased space for a Venture X coworking location, which is set to feature 85 private offices and four meeting rooms. This addition will expand Priddy Spaces’ Venture X footprint to six locations in South Florida, with the opening expected next year.

Players

Mark Corlew

Grover Corlew

Landlord

$237.4M

vol

8 deals

Landlord
Kevin Priddy

Kevin Priddy

Priddy Spaces

Tenant

1 deal

Tenant

Borrego Springs Office Market Snapshot

Boundary boundary · Office · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93