#United States #Round Rock #Hilco Global #Cork Barrel Pub

Hilco Global Announces Sale of Restaurant and Event Space

The Hilco Global real estate group has revealed an exciting opportunity for investors and hospitality operators with the upcoming auction of a highly sought-after restaurant and event venue located in Round Rock, Texas. The auction will culminate on March 11, 2026, as a part of the Chapter 7 Bankruptcy Case No. 25-11889-smr.

This prime property sits at 4000 E. Palm Valley Boulevard and boasts a massive 13,960± square feet of built area, offering significant potential for various hospitality endeavors. Initially established in 2021 and formerly known as Cork Barrel Pub, this location amalgamates the warmth of a traditional Irish pub with the trendy lifestyle of modern Austin, earning accolades such as the 2022 Austin Business Journal Award for Best Design and Architecture.

Surrounded by a sprawling 3.3± acres, the venue caters well to both dining and microbrewing needs, boasting an ample 10,465± square feet of indoor space. Moreover, an extensive outdoor setting complements the architecture, featuring:

• - A 1,025± square foot pavilion
• - A 1,560± square foot shaded deck
• - A 410± square foot paddock
• - A 500± square foot covered outdoor stage
• - A picturesque creek-side beer garden equipped with professional sound and lighting systems.

Capable of hosting up to 350 guests, this property provides a versatile indoor–outdoor layout ideal for high-volume dining, live music events, private gatherings, and various experiential hospitality concepts. Additional features include a hidden speakeasy, three fully-equipped bar stations with 24 beer taps each, dog-friendly outdoor spaces, and a selection of historical artifacts that may be included in the sale.

Strategic Location in a Growing Market

Located conveniently along E. Palm Valley Boulevard (FM 1431) with easy access to Interstate 35, the site is positioned amid several key regional attractions, including Dell Diamond, Kalahari Resorts and Convention Center, and Old Settlers Park. This area is rapidly evolving with a growing diversity of residential, retail, and entertainment developments, notably the anticipated mixed-use complex The District.

Round Rock is positioned as a key growth market in the Austin-Round Rock-Georgetown Metropolitan Statistical Area, bolstered by significant population growth and employment opportunities from major companies like Dell Technologies. According to the U.S. Bureau of Labor Statistics, Round Rock's job market expanded by 49.9% over the past decade. By mid-2025, it was ranked 10th among 50 Most Affordable Fast-Growing Cities, reflecting a 3.2% population increase over a single year.

In response to this rapid growth, the city's governance adapted downtown zoning regulations in October 2025, accommodating upcoming mid-rise developments and reinforcing the market's attractiveness for investment.

A Golden Opportunity for Investors

Stephen Madura, senior director at Hilco Global, expressed enthusiasm for the property's capabilities, stating, "With its prime location, modern facilities, and adaptable floor plans, this property is ideal for anyone aiming to make a mark in a thriving region. We are eager to connect with qualified buyers and facilitate a successful transaction that promises long-term growth."

Benjamin Zaslav, J.D., emphasized the property’s unique attributes: "The former Cork Barrel Pub offers a rare combination of award-winning architecture, vast land dimensions, and a well-planned indoor–outdoor layout. Its creek-side setting and mature event infrastructure in one of the nation’s fastest-growing markets present considerable potential for savvy hospitality operators and forward-thinking investors."

Bids for the property must be submitted by 5:00 PM (CT) on March 11, 2026, using the Asset Purchase Agreement (APA), accessible through the Hilco Global real estate sales website. Prospective buyers are encouraged to connect directly to understand participation requirements.

For more details or to access due diligence documents, please contact Michael Kneifel at (847) 201-2322 or [email protected], and Stephen Madura at (847) 504-2478 or [email protected]. For due diligence information, visit HilcoRealEstateSales.com or call (855) 755-2300.

About Hilco Global

Based in Northbrook, Illinois, Hilco Global, a subsidiary of ORIX Corporation USA, is a leading diversified financial services entity. The company provides a wide array of professional services and capital solutions, assisting clients in maximizing value and enhancing operational performance across sectors including retail, real estate, and industrial markets. With a robust team of over 810 professionals operating globally, Hilco Global remains committed to delivering optimal results that align with its clients' interests.