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Stock impact report

Atlanta Braves Holdings Acquires Six-Building ‘Pennant Park’ Office Complex Adjacent To The Battery Atlanta

Liberty Media Corporation - Series A Liberty Braves (BATRA) 
US:NASDAQ Investor Relations: ir.libertymedia.com/stock-information
Company Research Source: Business Wire
Acquisition Broadens Real Estate Asset Portfolio to Grow Enterprise ValueProperty Totals 763,465 Square Feet, Situated on Approximately 34 Acres and Featuring Over 2,700 Parking Spaces ATLANTA--(BUSINESS WIRE)--Atlanta Braves Holdings, Inc. (Nasdaq: BATRA, BATRK) today announced the Braves Development Company’s acquisition of Pennant Park, a six-building office complex located at the intersection of I-75 and I-285 adjacent to The Battery Atlanta. Owned by Rubenstein Partners since 2017, Pennant Park features 763,465 square feet of office space situated on approximately 34 acres and includes over 2,700 parking spaces. The property currently has 24 industry-diverse tenants anchored by blue-chip organizations such as The Home Depot. The acquisition is immediately accretive given the strong credit of its tenants, occupancy of over 80% and the close proximity to our highly amenitized campus.“This represents a strategic step in the growth of our real estate portfolio and creates a signif Show less Read more
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