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Legg Mason Takes 200,000 SF at the Times Building

NEW YORK CITY-Forest City Ratner Cos. signs the financial services tenant to the top six floors of the nearly completed tower near Times Square.

By Tom Sosnowski | Updated on August 16, 2006

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NEW YORK CITY-Global asset management firm Legg Mason and its two subsidiaries, Western Asset Management and ClearBridge Advisors, have agreed to lease approximately 200,000 sf in 1.6-million-sf New York Times Building that is approaching completion at 620 Eighth Ave. With the signing, more than 75% of the 700,000 sf of space owned by Forest City in the building is leased.

Legg Mason, headquartered in Baltimore, is the fourth and largest tenant to lease space from the FCRC portion of the building since leasing began earlier this year. The investment firm and its subsidiaries will occupy floors 45 through 50 and create a roof-top space garden.

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