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JBG Smith Looks to Amazon, Defense Sector To Help With Office Leasing

Portfolio Weighs on Real Estate Developer’s Revenue
Amazon is planning to vacate 191,000 square feet of office space at 1800 S. Bell St. in 2023 as it moves into the first phase of its second headquarters. The property is slated to be redeveloped as part of JBG Smith’s sweeping project in Arlington, Virginia. (CoStar)
Amazon is planning to vacate 191,000 square feet of office space at 1800 S. Bell St. in 2023 as it moves into the first phase of its second headquarters. The property is slated to be redeveloped as part of JBG Smith’s sweeping project in Arlington, Virginia. (CoStar)
CoStar News
February 21, 2023 | 10:52 P.M.

As its office portfolio weighed heavily on its earnings in 2022, JBG Smith is counting on Amazon and the defense industry to come through as stable tenants in greater Washington, D.C.’s weakened office market.

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