New England-based climbing and bouldering gym Rock Spot Climbing has signed a new, 15-year lease for approximately 5,935 square feet in total at 44 Olive St. in New Haven, Connecticut. The development, Olive and Wooster, features 299 residences for lease and 8,000 square feet of retail space on Olive Street in Wooster Square directly across the street from Sally’s Pizza. Verada Retail’s Nate Mallon and Brendan Thrapp represented the building’s ownership, Adam America Real Estate, in the transaction. The asking price was $45 per square foot.
“We love the concept and the experience Rock Spot brings to Olive and Wooster,” Omri Sacks, co-founder of Adam America, said. We think our tenants at Olive and Wooster and the community of greater New Haven will fully take advantage of such a fun and healthy activity.”
The concept has seven locations in New England. This newest unit will focus solely on a form of climbing known as bouldering, where climbers, using no ropes, scale climbing problems set on 15-foot walls protected by a fully padded flooring system. This style of climbing will be featured in the 2024 Olympics in France and will be the company’s third gym that focuses on this style of climbing.
“We are so excited to provide our brand of accessible and inclusive climbing to the city of New Haven and the surrounding area,” said Nadav Minkin, co-owner of Rock Spot Climbing. “We hope this facility will be a place for people of all ages and abilities to discover and enjoy the sport with friends and family.”
