Real Estate

Jeff Bezos May Buy Major Arlington Developer: Report

JBG Smith has numerous projects in Arlington, and Amazon's owner is rumored to be considering snapping up the company.

ARLINGTON, VA -- It's no secret that Northern Virginia 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 Arlington 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 Arlington County.

JBG Smith Properties, Inc., is based on Chevy Chase, Md., but the developer owns lots of property in Arlington, especially in Crystal City.

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 if that happens, and for good reason: the developer owns no fewer than 21 of Crystal City's buildings, spanning millions of square feet in space.

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Amazon officials reportedly visited Arlington along with other Northern Virginia locations earlier this year, according to the Washington Post.

(Photo by Drew Angerer/Getty Images)

Find out what's happening in Arlingtonfor free with the latest updates from Patch.

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