Cushman & Wakefield, a leading commercial real estate company, recently facilitated the lease of a 30,000-square-foot building located at 219 N. Paulina St. This space will be used by Padel Chicago LLC to establish the city’s first Padel Club.
The negotiations for this lease were handled by Chip Evans from Cushman & Wakefield on behalf of Lakeshore Sport & Fitness (LSF) and Fabian Gosselin. LSF is known for operating large multi-sport facilities that offer various activities such as tennis, pickleball, racquetball, squash and more. Gosselin is an experienced venture capital investor in Chicago with a family background in global hospitality and restaurant management spanning three decades.
According to Gosselin,”Chicago has shown great potential for growth compared to other major cities like New York City or San Francisco.” The new location of Padel Chicago LLC is set to open its doors in 2025 with state-of-the-art indoor courts available for use. “With its prime location near Fulton Market and West Loop area,” adds Evans who serves as Director at Cushman & Wakefield’s office in Chicago,”219 N.Paulina Street was deemed perfect for housing the first-ever Padel Club in the city.”
This deal marks another successful arrangement made possible through Cushman & Wakefield’s expertise and dedication towards providing top-notch commercial real estate services.