JBGS Profile
JBG SMITH Properties is a prominent S&P 400 real estate investment trust (REIT) that specializes in the ownership, operation, investment, and development of high-growth, mixed-use properties primarily in the Washington, DC metropolitan area. The company focuses on creating vibrant, amenity-rich, and walkable neighborhoods that enhance the quality of life for residents and businesses. JBG SMITH is known for its commitment to placemaking, which involves designing and developing spaces that foster community engagement and convenience.
One of the company's key projects is National Landing, where JBG SMITH serves as the exclusive developer for Amazon's new headquarters. This significant development underscores the company's role in shaping the future of the Capital region and highlights its capability to attract and manage major corporate tenants. The National Landing project is a pivotal component of JBG SMITH's strategy to drive economic growth and transform urban spaces within its target market.
JBG SMITH's current portfolio spans approximately 20.7 million square feet of high-growth assets, including office, multifamily, and retail properties. Notably, 98% of these properties are served by the Metro, reflecting the company's strategic focus on locations that offer convenient access to public transportation. This extensive portfolio is designed to cater to a diverse range of tenants and businesses, contributing to the overall vibrancy and functionality of the neighborhoods in which the properties are located.
In addition to its existing assets, JBG SMITH maintains an ambitious development pipeline, which includes 17.1 million square feet of mixed-use development opportunities. This pipeline represents a significant avenue for future growth and expansion, allowing the company to capitalize on emerging market trends and demand for high-quality, integrated urban environments. Through its strategic development initiatives and commitment to placemaking, JBG SMITH aims to enhance its position as a leading player in the real estate sector and drive long-term value for its stakeholders.
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