Cushman & Wakefield Arranges Deal for Chicago’s First Padel Location

Cushman & Wakefield has secured a 30,000-square-foot building at 219 N. Paulina St. for Padel Chicago LLC, which will house the city’s first-ever Padel Club.

Chip Evans from Cushman & Wakefield represented the main investors, Lakeshore Sport & Fitness (LSF) and Fabian Gosselin, in lease negotiations with building owner Walnut Street Properties. Lakeshore Sport & Fitness owns and operates large, multi-sport facilities featuring tennis, pickle, racquetball, squash, swimming, basketball and more. Gosselin is a Chicago venture capital investor whose family has owned and operated a global hospitality and restaurant company for three decades.

“With strong interest in areas like New York, San Francisco, Los Angeles, Texas and Florida, we believe Chicago is perfectly poised for further growth,” said Gosselin. The initial Padel Chicago LLC location will open in 2025 and offer state-of-the-art indoor courts. “With its location in the West Loop and near Fulton Market, 219 N. Paulina Street is ideal for Padel Chicago’s first location in the city,” said Evans, a Director in Cushman & Wakefield’s Chicago office.