By Josh Beckerman 
 

WarnerMedia, the AT&T Inc. (T) unit that includes brands such as HBO and CNN, has agreed to sell its office space at New York's Hudson Yards development to a Related Cos. affiliate for about $2.2 billion.

WarnerMedia has agreed to the lease the space at 30 Hudson Yards through early 2034.

Real-estate firm Cushman & Wakefield previously said that WarnerMedia was looking to raise about $2 billion from a transaction.

 

Write to Josh Beckerman at josh.beckerman@wsj.com

 

(END) Dow Jones Newswires

April 23, 2019 20:33 ET (00:33 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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