NEW YORK CITY—Fortress Investment Group has renewed and expanded its lease at 1345 Ave. of the Americas, a Midtown office tower owned by Fisher Bros. and an institutional investor advised by JP Morgan Asset Management.

The new 15-year lease—which goes into effect next January—encompasses 200,000 square feet, including the entire 23rd, 26th, 45th and 46th floors, as well as part of the 47th floor of the 50-story tower. Currently, Fortress occupies a portion of the space through a direct lease, while the remaining space, which is subleased, will go direct in stages starting in 2017.  

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