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JBG Smith Buys Apartments Near Nats Park So It Can Sell HQ2 Site to Amazon

Firm Pays $158 Million to Complete First Phase of Like-Kind Exchange
Following purchase of F1rst, JBG Smith plans to sell development site in Arlington to Amazon as part of like-kind exchange. (JBG Smith)
Following purchase of F1rst, JBG Smith plans to sell development site in Arlington to Amazon as part of like-kind exchange. (JBG Smith)
By Bryce Meyers
CoStar News
December 13, 2019 | 10:42 P.M.

JBG Smith has completed its purchase of a high-end apartment building near Nationals Park as part of a deal tied to the sale of a development site in Arlington, Virginia, that will be part of Amazon's second headquarters.

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