Tag: pickleball

Turning Vacant Big-Box Stores into Pickleball Facilities

Amid rising costs and increased competition from e-commerce, many big-box retailers have chosen to close stores across the country, leaving behind large, vacant spaces. As pickleball’s growth accelerates nationwide, former big-box stores have emerged as some of the most attractive—and challenging—real estate opportunities for indoor pickleball facilities. While these buildings offer scale, parking, and accessibility, […]

The Rise of Office-to-Amenity Conversions in Commercial Real Estate

Offices are increasingly vacant. According to Moody’s Q2 2024 CRE trend report, office vacancy rates have exceeded 20% this year as businesses reduce their space or leave the office entirely, driven by the continued demand for hybrid work. In response, building owners and facility leaders are under increased pressure to offer enhanced amenities, to help […]