The Entrepreneur’s Choice For

Commercial Real Estate Services

Hilliker Closes Lease Deal for One of the Largest Paddle Sports Clubs in the US

H. Meade Summers worked with Padel and Pickleball Club, to open in Olivette, MO

H. Meade Summers, IIISt. Louis (Nov 13, 2023)Hilliker Corporation President, H. Meade Summers, worked with Mike Puerta and Kevin Maher of Padel and Pickleball Club St. Louis, to lease the industrial space at 1220 N. Price Road in Olivette. This new club complex will occupy 42,000-square-feet and is a unique opportunity for the founding partners because it is centrally-located in St. Louis, offering easy access to Interstate 170. The term of the lease is seven years and the lease rate is undisclosed.

Hilliker Closes Lease Deal for One of the Largest Paddle Sports Clubs

According to Puerta, the partnership group’s research indicated that this would be a prime location for the club because of a lack of available indoor pickleball courts in the area. This club will feature high-end cushioned playing surfaces that are designed to reduce injuries and increase player comfort. Padel is one of the fastest growing sports in the world and is relatively new to St. Louis.

The high ceilings of the industrial space were a requirement, and the open space “offers a perfect symbiotic way to participate in both sports” according to Puerta. “Meade Summers was wonderful to work with on this transaction. He was very professional and quick to respond.”

The club will feature a snack bar, serving alcoholic and non-alcoholic beverages, plus a pro shop. The surrounding area in Olivette also offers multiple dining opportunities within a few blocks. Padel and Pickleball Club is set to open December 2023.

Hilliker Closes Lease Deal for One of the Largest Paddle Sports Clubs

The owner and landlord of the property is Intelica, represented by Drew Clary.

H. Meade Summers, III

H. Meade Summers III

CEO and President

About Hilliker Corporation:

The Entrepreneur’s choice for commercial real estate services in the St. Louis region. Hilliker guides business owners through their needs at each stage of the business life cycle. Since 1985, Hilliker Corporation has brokered more than 10,000 transactions including sales and leases of industrial, office, institutional, retail and investment properties. To learn more, please call, (314) 781-0001

 

Share News:

Share News:

Stay Updated

Join our mailing list to receive the latest news and updates!

Have Questions

Contact us now with your commercial real estate quesitons.

Ready to Learn More?

Ready to Learn More?

Find out how a Hilliker Broker can help you achieve your goals.

We'll be in touch