Pickleball America Signs Major Lease at Stamford Town Center
John Jordan | April 7, 2023
STAMFORD, CT—Houlihan Lawrence Commercial Division announced on April 6 it had negotiated a lease of more than 80,000 square feet of anchor space in the Stamford Town Center to Pickleball America for what will become one of the world’s largest indoor pickleball venues.
Pickleball America is moving into the former two-story Saks Off 5th retail space at 140 Atlantic St. in the heart of Downtown Stamford, CT. Pickleball America plans to roll out 28 courts in two phases—Phase 1 will begin immediately with the first floor (43,000 square feet), with the second floor (37,000 square feet) opening in the coming months. In addition to Pickleball, the venue will become a multi-use flex space for tournaments, exhibitions, live music and events.
Mia Schipani of Houlihan Lawrence Commercial represented Pickleball America in the transaction.
“This is the best possible reuse of a large retail anchor space in a mall. Pickleball America is planning for over 500,000+ people to come through the venue each year,” said Schipani. “What is most exciting about this deal is, we are changing the purpose of malls, especially since most shopping takes place online, and we are making the Stamford Town Center a major destination.”
“We are thrilled to be the catalyst that fosters growth in Stamford, by building a larger player community like Pickleball America,” said Jay Ross, Co-Founder.
“We’ve been focused on health and wellness, and Pickleball America works perfectly with that strategy, especially in this large format as an anchor,” said Alexander Yaraghi, owner of Stamford Town Center.