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WarnerMedia Puts Atlanta’s CNN Center on the Market

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hollywoodreporter.com
hollywoodreporter.comhollywoodreporter.com:

AT&T's WarnerMedia is looking to sell the CNN Center in Atlanta, the building that had served as the world headquarters of CNN for more than 25 years.

The company revealed the plans in a memo to employees Monday from WarnerMedia CFOPascal Desroches. WarnerMedia will be "consolidating our WarnerMedia Atlanta operations in our recently renovated and redesigned Techwood campus," according to a statement from the company. "As part of these changes we are selling the CNN Center, which is a retail center, well positioned in the downtown entertainment area of the city.

Once sold, we will lease back the property for a minimum of five years. There will be no immediate impact to employees working at the CNN Center." CNN moved into the CNN Center in.

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