Atlanta Braves Holdings acquires Pennant Park office complex for $93M

Atlanta Braves Holdings, Inc.

Acquired six-building, 763,465 sq ft office complex adjacent to The Battery Atlanta for about $93 million.
Property is ~34 acres with over 2,700 parking spaces, currently over 80% occupied by 24 tenants including The Home Depot.
Acquisition is immediately accretive and expands land footprint by over 30%; total leasable space now exceeds 3 million sq ft.
Deal closed April 1, 2025; seller was a subsidiary of Rubenstein Partners.

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