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Commercial Real Estate

Comcast Tests Atlanta Office Market With Big Sublease Listing at Braves’ Stadium

Comcast Tests Atlanta Office Market With Big Sublease Listing at Braves’ Stadium

ATLANTA β€” Comcast is putting a significant chunk of its regional office footprint in metro Atlanta up for sublease, offering roughly seven floors at One Ballpark Center, the tower it anchors inside The Battery Atlanta mixed-use district next to Truist Park, home of the Atlanta Braves, according to CoStar News.

The listing covers a large share of the nine-story, roughly 255,000-square-foot building at 2605 Circle 75 Parkway in Cobb County, where Comcast became The Battery Atlanta’s first office tenant in 2015 and still employs about 1,000 workers, according to CoStar’s leasing data. JLL brokers Erin Hill, Chris Wagner, Dom Wyant Jr. and Caroline Goodman are marketing the space, CoStar reported.

The move follows Comcast’s consolidation of roughly 100 employees from a suburban office at 6200 The Corners Parkway in Peachtree Corners into the Battery Atlanta tower, according to a separate CoStar News report, which described Comcast as “the latest brand-name company looking to offload underutilized offices.” Consolidating staff into fewer floors while offering the vacated space to other tenants is a strategy commercial brokers say has become common as companies right-size real estate portfolios built for pre-pandemic headcounts.

Comcast’s Atlanta footprint has also been in flux at the corporate level. The company told employees last September it was eliminating its three-division regional structure β€” Central, Northeast and West β€” in favor of operations reporting directly to headquarters starting this year, with a new “president of regional operations” role created to oversee the change, the Atlanta Journal-Constitution reported. Comcast said at the time it intended to keep its Battery Atlanta presence, and the company has not disclosed how many positions nationally have been affected by the restructuring.

Market context: The sublease offering lands in a submarket that has fared better than much of metro Atlanta’s office stock. Cumberland/Galleria, the submarket surrounding The Battery Atlanta and Truist Park, posted a 20.0% vacancy rate at the end of 2025 β€” the lowest among the region’s major submarkets and down 70 basis points from the prior quarter, according to brokerage market reports. That compares with an overall metro Atlanta office vacancy rate that stood near 25% to 26.5% in early 2026, still elevated by pre-pandemic standards but improving; suburban submarkets captured roughly 70% of the region’s leasing activity in the first quarter, as tenants continue to favor newer, amenity-heavy buildings like those inside The Battery Atlanta over older urban towers.

What it means: A large-block sublease from a recognizable tenant like Comcast could pressure asking rents in a submarket that has otherwise been a relative bright spot for Atlanta landlords, giving prospective tenants a rare shot at Class A space in a high-profile, stadium-adjacent development without committing to a direct lease from ownership. It also underscores a broader dynamic playing out across corporate America: even companies that never fully retreated to downtown high-rises, and that consolidated rather than vacated, are still finding they have more square footage than they need. For Atlanta’s suburban office market, which has outperformed the metro’s urban core through the recovery, the test will be whether a sublease of this size gets absorbed quickly or lingers and adds to the shadow inventory landlords are already competing against.

The listing also arrives as owners and operators across the commercial real estate industry recalibrate around shifting occupier demand and cost pressures more broadly. RealtyWire has tracked similar repositioning elsewhere in the sector, including a mixed-use redevelopment project breaking ground in Arlington, Texas, and a nationwide settlement affecting how landlords price and manage their portfolios. For now, Comcast has not disclosed an asking rate for the Battery Atlanta space or a timeline for finding a subtenant.

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