Caliber and PURE Pickleball & Padel Form Exclusive Partnership with Wolfgang Puck
Deal News | Aug 19, 2025 | CaliberCos Inc
CaliberCos Inc., a prominent real estate investor, developer, and manager, has unveiled a 10-year exclusive agreement between its joint venture development, PURE Pickleball & Padel, and Wolfgang Puck Catering. This partnership positions Wolfgang Puck Catering as the sole food and beverage services provider at PURE's forthcoming facility in Scottsdale, Arizona. The venture aims to revolutionize the integration of sports and culinary experiences within a 196,726 square feet indoor pickleball and padel complex, touted to be the largest globally. With arenas, courts, and comprehensive amenities including a restaurant, bar, and fitness center, PURE seeks to host major events and attract significant foot traffic. The collaboration also offers strategic investment opportunities via Caliber's Pickleball at Riverwalk Fund. The Scottsdale-based project aligns with Caliber's unique investment approach and commitment to leveraging real estate opportunities outside mainstream institutional channels.
Sectors
- Real Estate Development
- Sports and Entertainment
- Food and Beverage Services
Geography
- United States – The partnership and development project are taking place in Scottsdale, Arizona, a key location in the United States.
- Scottsdale, Arizona – The location of the PURE Pickleball & Padel facility development, emphasizing its regional significance.
Industry
- Real Estate Development – The article discusses CaliberCos Inc.'s development of a major sports facility, emphasizing its role in the real estate sector.
- Sports and Entertainment – The construction of the world's largest indoor pickleball and padel facility highlights the integration of sports with entertainment features.
- Food and Beverage Services – Wolfgang Puck Catering's involvement as an exclusive provider signifies the importance of food and beverage services in the facility's business model.
Financials
- $2.9 billion – Managed assets by Caliber including development project costs.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| CaliberCos Inc. | Real estate investor, developer, and manager | Company | A company that manages over $2.9 billion in assets, known for unique investment opportunities. |
| PURE Pickleball & Padel | Joint venture development | Company | Company developing the largest indoor pickleball and padel facility. |
| Wolfgang Puck Catering | Exclusive food and beverage services provider | Company | A renowned catering company providing premium culinary services. |
| Kevin J. Berk | Co-Founder & CEO of PURE | Person | |
| Chris Loeffler | CEO of Caliber | Person | |
| Pamela Brunson | President of Wolfgang Puck Catering | Person |