Atlanta Braves Buys Pennant Park Offices

MT Newswires Live
04-02

Atlanta Braves Holdings (BATRA, BATRK) said Wednesday it has acquired the Pennant Park office complex next to The Battery Atlanta to expand its real estate operations.

The site includes six office buildings with about 763,000 square feet of space across 34 acres, along with more than 2,700 parking spaces, the company said.

Tenants include The Home Depot and other businesses from a mix of sectors, with overall occupancy above 80%, according to the company.

The acquisition adds over 30% to the company's property footprint and raises its total managed office space to more than 3 million square feet.

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