The asset involved in this lease transaction is a commercial property located at 40 Ray Avenue, Burlington, MA, with a total square footage of 21,500. The facility was previously utilized as a Planet Fitness and is now leased to The Picklr, a national indoor pickleball franchise, scheduled to open on April 12, 2025.

Summary of transaction details:

• Property Type: Commercial
• Transaction Amount: Not specified
• Address: 40 Ray Avenue
• Market: Burlington, MA
• Landlord: Eastern Retail
• Tenant: Jorge Barragan - The Picklr
• Landlord's Representative: Charlie Jacob & Steve Nohrden - Burgess Properties
• Tenant's Representative: Sam Peterson - Eastern Retail Properties

This lease transaction involves key individuals including Jorge Barragan, representing The Picklr, and Eastern Retail as the landlord. The transaction was brokered by Burgess Properties, with Charlie Jacob and Steve Nohrden acting on behalf of the landlord. Sam Peterson represented the tenant through Eastern Retail Properties. The facility's opening will be supported by sponsorships from companies such as Head and Joola and publicized by former NFL star Drew Brees.