The property involved in this transaction is a mixed-use asset located at 8201 North FM 620 in Austin. It features a total square footage of 39,642 and is currently operated by Vegas Sun, LLC. The Picklr has signed a lease for this space, which will serve as its first local location and will include 11 pickleball courts along with various amenities. The site, previously a Walmart, is undergoing redevelopment to enhance its offerings.

Summary of transation details:

• Property Type: Lease
• Transaction Amount: Not disclosed
• Address: 8201 North FM 620
• Market: Austin
• Tenant: The Picklr
• Landlord: Vegas Sun, LLC
• Landlord's Representative: Jason Steinberg & Sean Couey - Equitable Commercial Realty (ECR)
• Tenant's Representative: Carson Hawley & Will Majors - CBRE

This lease marks a significant development for The Picklr as it establishes its presence in the Austin market. The project is expected to open in Fall 2024 and will include a range of recreational facilities, office space, and outdoor amenities as part of its comprehensive redevelopment plan.