MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Wednesday, January 30, 2013 Want to Rent a Piece of Legg Mason's HQ? Thanks to the impending merger of Legg Mason Capital Management and ClearBridge Investments, Legg Mason [profile] is putting more of its office space on the market. Eileen Ambrose of the Baltimore Sun reports that the Baltimore-based mutual fund shop plans to sublet an additional 78,000 square feet on three floors of its 372,000-square-foot headquarters. A Legg spokeswoman told the paper that the move was partly due to the merger of LMCM and New York City-based ClearBridge, announced last week. According to the Sun, the Johns Hopkins Carey Business School and McGladrey already sub-let a combined 82,000 square feet of Legg's 372,000-square-foot headquarters and have done so since 2009. The new space will be available on April 1. The move comes as Legg's board ponders whom to hire full-time as CEO. Printed from: MFWire.com/story.asp?s=42846 Copyright 2013, InvestmentWires, Inc. All Rights Reserved |