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JBG Cos. Buys Two Area Retail Centers

WASHINGTON, DC—A source told GlobeSt.com that Stonebridge at Potomac Center was selling for about $225 million.

By Erika Morphy | Updated on December 24, 2015

WASHINGTON, DC—The JBG Cos. has acquired two retail properties in the area, weeks after it announced it was fully acquiring its affiliate JBGR Retail.

One property it is buying is the Piney Branch Shopping Center in Silver Spring, MD, a 27,121-square foot neighborhood strip center that is fully leased. Finmarc Management was the seller of the property, represented by Andy Stape, Mat Adler and Vito Lupo of KLNB Retail.

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