July 27, 2017

JBG SMITH to Locate New Headquarters in Montgomery County

JBG SMITH, the new publicly traded real estate investment trust formed from the merger of The JBG Companies and Vornado Realty Trust, will locate its new corporate headquarters to 4747 Bethesda Ave. in Bethesda. This will bring hundreds of new jobs to the County.

JBG Smith is the region’s largest development company and has contributed to the region’s community-building and economic vitality. The newly combined company will have 425 employees who will be housed in a new 300,000 sq. ft. building at the corner of Bethesda and Woodmont Avenues.

This latest news follows the recent announcements that Marriott will remain in Montgomery County and build a new, $600 million headquarters in downtown Bethesda, and pharmaceutical giant GlaxoSmithKline will make Rockville the home for its new global vaccine R&D center.

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