Real estate company

CNN Center sold to Florida-based commercial real estate company – WSB-TV Channel 2

ATLANTA – This is one of the most iconic buildings in downtown Atlanta, home to CNN and a variety of restaurants. For those of a certain age, it is a building that was part of their childhood.

WarnerMedia has agreed to sell the “CNN Center” to the Florida-based group CP. Formerly known as Crockett Partners, The CP Group is the second largest office owner in the Atlanta metro area.

“The CNN Center is one of Atlanta’s most iconic landmarks and we look forward to the opportunity to strategically transform the asset and build on the city’s current momentum,” said Chris Eachus, partner at CP Group.

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For Atlanta metro residents, the CNN Center is one of the most recognizable buildings in the downtown area. It has been CNN’s headquarters since 1987 thanks to several sales and much of the company’s press staff moving to New York.

The building itself was completed in 1976 as part of the Omni Sports Complex. The Omni Hotel was originally part of the complex, with a shopping center and ice rink in the middle. For those looking for a deeper story, this was also the site of the “Sid and Marty Krofft’s World” theme park accessible by a giant escalator.

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The theme park didn’t last long, closing after just six months.

The hotel stayed for several years until it expanded, occupying a building next to the center.

Channel 2 journalist Berndt Petersen spoke to people with fond memories of the center when it was announced a year ago that it was going to go on sale in the market.

Petersen spoke to James Bost who has attended the center since he was a child.

“My Inner Child has so many fond memories of CNN, and even growing up,” Bost said

WarnerMedia said as part of the deal they will lease CNN Center for a number of years. The company still has a large number of press, operational and commercial employees who work inside the building.

There was no indication of what this meant for the many restaurants doing business in the first floor food court. The food court also provides direct access to the State Farm Arena for events.

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