"Climbing to the top..." BlocHaus Bouldering reaches new heights
Tenant Leasing Group (TLG), and our client BlocHaus Bouldering, have been featured in a recent article by property writer and columnist Sue Williams.
High growth and fast turnaround
The article, published in Commercial Real Estate on February 23, 2023, highlights the meteoric ascent of BlocHaus’ bouldering gyms across Australia, and the growth of the indoor climbing market in general.
The sport is firmly established in Europe as a favourite pastime – especially in Germany – with an abundance of gyms in urban locations. Australia is one of the world’s fastest growing indoor climbing markets, with BlocHaus leading the competition. Globally, the climbing gym market size is estimated to increase by over $US 4 billion from 2022-2027.
Founder & Principal of TLG, Phil Reichelt, was interviewed about industrial property sourcing for the chain’s national roll-out, which already includes venues in Fyshwick, ACT, in Port Melbourne and in Sydney’s Marrickville.
BlocHaus: a true 'social sport' experience
Founder and managing director of BlocHaus Bouldering, Marty Bradstreet, is thrilled with the sport’s growing popularity, which was driven in part by a debut at the Tokyo Olympics in 2021. While most fans of the sport are aged between 18 and 40, everyone can have a go – this accessibility is another key to indoor bouldering’s growing success.
Finding warehouses and opening new industrial venues
With the help of Phil and TLG, Marty and BlocHaus are now getting ready to open new premises in Sydney in either Macquarie Park or Artarmon, in Newcastle, in Melbourne in Fitzroy, Carlton or Collingwood, in Brisbane, in Adelaide and another in Canberra, in Mitchell.
TLG has 50 years’ experience finding & negotiating leases for businesses with industrial & logistics property requirements, like BlocHaus.
Founder & Principal, Tenant Leasing Group (TLG)
Phil Reichelt is a property advisor & tenant representative with 25+ years experience in Australia and New Zealand.
He specialises in multi-site retail, mixed-use office & industrial, and warehouse leases of up to 5,000sqm.
Phil negotiates competitive rentals, incentives, and favourable lease terms for retailers, eCommerce, financial services, legal firms, and other commercial occupiers.