Secured Capital LLC is marketing the portfolio. A JBG spokesman tells GlobeSt.com, it has a preliminary estimated recapitalization value of $1 to $3 billion. The company's primary reason for putting much of its ownership of the portfolio on the market is to capitalize on favorable market conditions.

The collection of properties has an average occupancy level of 83%, including tenancies at existing facilities, as well as pre-leasing commitments at buildings that are scheduled to deliver in the near future. About 3.2 million sf of the portfolio involves in-progress projects. Among properties included in the portfolio are DC's 430,000-sf Potomac Center South, the 350,000-sf structure at 1801 N. Lynn St. in Arlington, VA, and the nearly 300,000-sf Twinbrook Office Center in Rockville, MD.