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The Real Deal Los Angeles

Angeleno businessman and franchise owner Mark Attanasio lands Malibu property

The oceanfront lot spans a little over a quarter of an acre
October 05, 2017 03:00PM

Property on Broad Beach, with Mark Attanasio (Google Maps/Getty Images)

Mark Attanasio just hit a home run.

The businessman and Milwaukee Brewers owner paid $6.6 million for an oceanfront site on Broad Beach in Malibu, the Los Angeles Times reported.

Listing details say the parcel is “one of the last remaining vacant lots on Broad Beach.” The land spans 0.27-acres and has 50 feet of private beach.

The property last traded hands for $5.6 million in 2013, property records show.

Attanasio is the co-founder and managing partner of investment firm Crescent Capital Group. He’s also the principal owner of the Milwaukee Brewers – a title he attained when one of his investment groups bought the baseball team for $223 million in 2004. [LAT] – Natalie Hoberman