Venu completes sale-leaseback for 46-acre Texas amphitheater site
VENU•Venu Holding executed a sale-leaseback with STORE Capital Acquisitions for the approximately 46-acre site of The Sunset McKinney. A $25 million MEDC Note becomes payable within 30 days of temporary occupancy certification, or earlier under specified default-related provisions.
1. Sale-leaseback terms
Venu Holding executed the sale-leaseback on October 20, 2026, for The Sunset McKinney site in Texas. Under a restated agreement with McKinney municipal entities, Venu remains responsible for development, construction, operations and maintenance; Sunset Operations pledged project revenues as collateral for the MEDC Note and obligations under the agreement.
