The Future of Padel: Key Insights from Property+Padel New Jersey

January 27, 2025
Property+Padel New Jersey

The Property+Padel networking series made a dynamic debut in the United States on January 23, 2025, gathering 70 of the biggest names in padel and real estate at the Padel United Sports Club in New Jersey. This milestone event focused on fostering collaboration between two rapidly growing industries and set the stage for an exciting new chapter in the North American padel landscape.

Property+Padel New Jersey

Nalle Grinda, Co-Founder of Padel X Miami and a five-time French National Padel Champion, encapsulated the event’s spirit, declaring, “We’re in an era where collaboration, not competition, should be the lens through which we view this sport and the huge opportunity it provides the United States.” Grinda’s call for unity resonated with attendees, including industry leaders such as former World No. 1 and IMG Padel head Hernán Auguste, Playtomic Co-Founder Pablo Carro, and CBRE Senior VP Michael Belissimo.

Property+Padel New Jersey

1. Club Development and Investment Opportunities

  • Eric Loftus (Padel Solutions, Portico USA) shared insights on building the perfect padel club, emphasizing the importance of homegrown suppliers, strategic partnerships with Spanish brands, and rigorous training for court installation. Loftus noted the synergistic role of pickleball, stating, “Love it or hate it, pickleball is getting a racket in people’s hands, and that can only be a good thing.”

2. Data-Driven Success in Padel Clubs

  • Playtomic’s Pablo Carro unveiled exclusive data on the top-performing clubs, revealing that metropolitan, padel-only indoor clubs with more than eight courts, dual payment models, and diverse amenities outperform their peers. Carro highlighted, “70% of activity at these clubs is generated and paid for through the Playtomic App.”

3. Wellness and Padel Integration

  • Jonathan Krieger (Padel United Sports Club) demonstrated how wellness-focused facilities attract broader audiences. He advised aspiring club owners to engage local authorities early to navigate zoning and permits efficiently, streamlining the development process.

4. Sponsorship and Financial Investment

  • Jared Finkelstein (Merrill Lynch, Bullpadel USA Ambassador) discussed the untapped potential of financial sponsorships in padel, predicting increased investments as the sport gains visibility on platforms like ESPN.

5. Technology’s Role in Growth

  • Dov Penzik (Bounce Ping Pong) underscored the transformative role of AI-driven tech, including high-speed cameras and real-time analytics, in enhancing player engagement and professional development.

The event highlighted the critical intersection of real estate and padel as the sport continues its meteoric rise in North America. Marco Massarotto (T.10 Padel Club) pointed to strategic multi-sport facilities as key to padel’s growth in Canada, while Hernán Auguste lauded Padel United Sports Club for setting a new standard in combining wellness and padel under one roof.

Property+Padel New Jersey

Following its success in New Jersey, Property+Padel heads to Miami on March 20, 2025, at Padel X, promising even more groundbreaking discussions and collaborations. Reflecting on the event, Co-Founders Rohit Grewal and Ben Nichols stated, “Today marked the start of this next chapter for the sport in what promises to be a transformative year for padel. The imminent boom we all expect in the U.S. padel industry will only materialize as real estate and padel collaborate and build together.”

For more updates on Property+Padel New Jersey and the evolving U.S. padel scene, stay tuned to The Padel Weekly—your trusted source for all things padel.

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