JBG Smith Properties (NYSE: JBGS) is working to significantly reduce its exposure to downtown D.C.'s commercial real estate market as landlords struggle to fill millions of square feet of empty office space.
The Chevy Chase-based developer hopes to sell or recapitalize about $400 million in assets this year, on top of $875 million in deals it inked in 2018, JBG Smith disclosed in an investor presentation filed Tuesday with the Securities and Exchange Commission. While it is more bullish on Crystal…
