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Middle Market Digest: The Mid-Atlantic

WASHINGTON, DC--Executive appointments at JBG SMITH and Transwestern, as well as Virginia's second Ikea store are among the roundup of news in this morning's Middle Market Digest.

By Erika Morphy | erikamorphy | Updated on February 14, 2017

Heather Nevin Heather Nevin

NEWS & NOTABLES

CHEVY CHASE, MD–Stephen W. Theriot has been tapped as CFO of JBG SMITH Properties. Theriot has been Vornado Realty Trust’s CFO since 2013. Prior to joining Vornado, Theriot had been a partner with Deloitte & Touche LLP, most recently as the managing partner of Deloitte’s Northeast real estate practice. JBG SMITH will be the tax-free, publicly-traded REIT spin off resulting from the $8.4 billion sale of Vornado’s  Washington DC portfolio to JBG Cos. JBG Cos. and Vornado have been steadily building up the new company’s management ranks.

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