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CNN Center in Downtown Atlanta to be Sold

Downtown Atlanta’s CNN Center is for sale. The owner of the property, AT&T Inc. acquired the iconic five-acre complex as part of its purchase of Time Warner Inc. in 2018.

In a statement, AT&T subsidiary WarnerMedia announced that it plans to sell CNN Center and consolidate its operations into its renovated and redesigned campus on Techwood Drive in Midtown. WarnerMedia said that it plans to lease back the property for at least five years and that there will no immediate impact for employees working there.

“A part of efficiently running a business is constrantly examining the operations to make sure we’re making the best use of our assets, including real estate,” said Pascal Desroches, CFO at WarnerMedia in a memo to employees.

For comments, questions or concerns, please contact David Cohen

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.