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San Francisco Firm Buys Majority Stake in JBG Smith's Bethesda Headquarters

Sale Part of Strategy To Reduce Debt and Recycle Capital
JBG Smith completed its headquarters building in 2019 at the corner of Bethesda and Woodmont avenues. (Kate Wichlinski/CoStar)
JBG Smith completed its headquarters building in 2019 at the corner of Bethesda and Woodmont avenues. (Kate Wichlinski/CoStar)
By CoStar News Staff
May 11, 2023 | 5:20 P.M.

JBG Smith has sold a majority stake in its headquarters building in Bethesda, Maryland, as it works to deleverage its balance sheet and generate funds through the recapitalization of its properties.

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