Real Estate
Jeff Bezos May Buy Major DC Developer: Report
JBG Smith has numerous projects in D.C., and Amazon's owner is rumored to be considering snapping up the company.

WASHINGTON, DC -- It's no secret that the D.C. area is a frontrunner to land Amazon's massive second headquarters. And it's no secret that developer JBG Smith has plenty of projects in the D.C. area. What is a secret is where Amazon founder Jeff Bezos will actually put this second headquarters, but one report suggests that he may buy JBG Smith -- and that could have huge implications for D.C. and Northern Virginia as a whole.
JBG Smith Properties, Inc., is based on Chevy Chase, Md., but the developer owns lots of property in the D.C., with no fewer than 31 buildings throughout the District.
The Washington Business Journal reports that there have been plenty of rumors -- albeit unfounded ones, it acknowledges -- that Bezos is considering personally acquiring JBG Smith, which would pave the way for him to put his new headquarters in prime NoVa real estate that JBG already owns. The report pinpoints Crystal City in Arlington as a frontrunner, but JBG's D.C. properties could easily be part of a second headquarters there.
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Amazon officials reportedly visited D.C. along with Northern Virginia locations earlier this year, according to the Washington Post.
(Photo by Drew Angerer/Getty Images)
Find out what's happening in Washington DCfor free with the latest updates from Patch.
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