Amazon is making its presence in Northern Virginia official.
Developer JBG Smith announced Wednesday morning that Amazon has finalized three leases in National Landing totaling 537,000 square feet of office space, as well as finalized the terms for the purchase of two JBG Smith buildings.
The leases include:
- 88,000 square feet at 241 18th Street South
- 191,000 square feet at 1800 South Bell Street
- 258,000 square feet at 1770 Crystal Drive
The online behemoth has also finalized the purchase of JBG Smith’s Pen Place and Met 6, 7 and 8 development sites in Pentagon City for $294 million.
“We are pleased to report that our partnership with Amazon at National Landing is moving full steam ahead,” said JBG SMITH CEO, Matt Kelly. “With the execution of these agreements and recently legislated state and local government commitments to invest approximately $2 billion in the region’s transportation, education and housing infrastructure, we are ready to welcome Amazon’s first National Landing employees in the coming months.”
UrbanTurf's Amazon HQ2 Coverage:
- With Amazon, All Real Estate is Now Local in the DC Area
- The Yellow Line Rent Watch Begins
- DC Expected to Gain 3,550 Households from Amazon Employees
- With Amazon’s Arrival, Will Crystal City Get Its Bridge to the Airport?
- A 3-Minute Commute and 4 Million Square Feet: Amazon’s Second Headquarters, By the Numbers
- National Landing? A New Neighborhood For Amazon is Created in Northern Virginia
- Crystal City and Queens Will Be Home to Amazon’s HQ2
- With Amazon Anticipation, Homebuyers’ Eyes Turn to Arlington
- Here is How Many More Apartments The DC Area Will Need if the Region Lands Amazon
- Is The DC Area Rental Market Ideally Positioned to Accommodate Amazon?
- With Amazon Coming, Developer Pitches 800 Units for Crystal City
- The Amazon HQ2 Effect Hits Alexandria As Home Sales Jump 70%
- A Look at JBG Smith's 790-Unit Development at National Landing
- The Plans to Preserve and Add Housing at Amazon's National Landing
- The Amazon Pop: Home Prices Spike 20% in Arlington as Inventory Plummets
- Arlington County Board Votes to Approve Amazon Incentive Package Amid Adversarial Hearing
- Amazon's Arrival Leading Arlington Developers to Add Apartments to Proposed Developments
- Amazon's Continued Effect on the Arlington Housing Market, By the Numbers
This article originally published at https://dc.urbanturf.com/articles/blog/amazon-signs-on-for-537000-square-feet-in-national-landing/15213.
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