LAPD said someone in the building, located at 202 West 1st Street, received a text message advising people inside to leave due to an unknown person on the third floor, and that the person was possibly going to begin shooting shortly before 7:25 p.m. No shots were fired.
"We did find the employee who allegedly threatened another employee and we took him into custody without incident," said Lt. Lonnie Benson with the LAPD. "He did not have a gun on him."
The building lockdown was lifted by 9 p.m. Police have not released the man's name, but witnesses say he was an employee of VXI Global Solutions, a call center that rents space in the Times building.
The Times reported that the man said he had been depressed and showed a co-worker a bag of bullets.
Police didn't have far to go to get to the scene; LAPD headquarters is right across from the Times building.