BETHESDA, MD – Developer and owner, JBG Smith and affiliates of Fortress Investment Group LLC have agreed to form joint-venture to recapitalize a 1.6 million-square-foot office portfolio, valued at $580 million.
The portfolio, owned by JBG Smith, is comprised of seven office buildings located throughout the Washington D.C. region.
The portfolio includes 7200 Wisconsin Ave. in Bethesda, MD; 1730 M St. in Washington D.C.; RTC West I, II and III in Reston, VA; and Courthouse Plaza I and II in Arlington, VA.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Ingrid Tunberg
Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.
