Amazon closes $198M PenPlace purchase from JBG Smith
Amazon.com Inc. has acquired the 11-acre PenPlace development site, part of its HQ2, its East Coast headquarters, from Bethesda, Maryland-based JBG Smith Properties for $198 million, JBG Smith announced Monday. Arlington County in April approved the 3.3 million square feet of office space spread across three 22-story buildings and Amazon‘s planned spiral “Helix” building, inclu[...]
Amazon HQ2 budget, square footage are growing
Nearly three years after Amazon.com Inc. tapped Arlington as the home for its multibillion-dollar East Coast headquarters, construction is well underway, with the global e-tailer already hiring more than 3,000 Amazon HQ2 employees. Since the project was announced, three numbers have stood out: 25,000 jobs, 4 million square feet of office space and a price […]