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Posts Tagged ‘The JBG Companies’

From the February 2011 edition of the Glover Park Gazette:

According to the Washington Post, real estate investment firm The JBG Companies is negotiating to buy two “choice” Glover Park buildings from developer ICG Properties, which owns office complexes at 2115 Wisconsin Ave. and 2121 Wisconsin Ave.

At 2115 Wisconsin Ave.—which is 99% leased, according to ICG principal Stylianos Christofides—tenants include Fannie Mae, Georgetown University, and MedStar Health. Tenants at 2121 Wisconsin Ave. include Balance Gym, SomaSpa, and WBDC-TV. The purchases would be part of a post-recession “buying spree” for the powerful JBG firm, according to the Post. “They are the gorilla in Washington, there’s no question about it,” one former JBG leasing agent told the paper.

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