trending Market Intelligence /marketintelligence/en/news-insights/trending/VKaDRW_hhtZQzqSTd4pbzQ2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

JBG to sell Washington, DC, office building for $760M

Gauging Supply Chain Risk In Volatile Times

The Commercial Real Estate CRE Sector Feels the Impact of the Coronavirus

Credit Analytics Case Study Poundworld Retail Ltd

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help


JBG to sell Washington, DC, office building for $760M

JBG Smith Properties subsidiary JBG Federal Center LLC is selling the U.S. Department of Transportation headquarters in Capitol Riverfront in Washington, D.C., for $760 million to the General Services Administration, the Washington Business Journal reported.

In February 2018, the General Services Administration was reported to have earmarked $767.9 million in its fiscal year 2019 budget request to buy the 1.47 million-square-foot building at 1200 New Jersey Ave. SE.

The asset has an assessed value of close to $700 million, the publication noted, citing D.C. records.

The deal is expected to close in March 2020.

GSA had an option to buy the building at the end of the Department of Transportation's lease term on Oct. 19, 2021. The agency has said it will save $99.8 million in avoided rent costs and another $409 million by owning rather than leasing the property.