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Legg Mason Inc., the Baltimore-based global asset manager, is in exclusive talks to buy a majority stake in real estate investment specialist Clarion Partners LLC in a deal that would value the company at about $850 million, people with knowledge of the matter said. (The Daily Record / Maximilian Franz)
Legg Mason Inc., the Baltimore-based global asset manager, is in exclusive talks to buy a majority stake in real estate investment specialist Clarion Partners LLC in a deal that would value the company at about $850 million, people with knowledge of the matter said. (The Daily Record / Maximilian Franz)

Legg Mason Tower on market

Another major office property in Baltimore is on the market. The 24-story Legg Mason tower is for sale. The property is being marketed through CBRE and is owned by H&S Properties Development Corp. Construction on the building started in 2009, and with its blue tinted glass, it is one of the most recognizable buildings in the city. Located ...

About Adam Bednar

Adam Bednar covers real estate and development for The Daily Record.