JBG Smith Properties JBGS

What this company does

JBG SMITH owns, operates and develops mixed-use properties concentrated in submarkets in and around Washington, D.C., most notably National Landing, and its third-party real estate services business provides fee-based real estate services. As of December 31, 2025, its Operating Portfolio consisted of 39 operating assets, comprising 15 multifamily assets totaling 6,519 units, 22 commercial assets totaling 7.3 million square feet, and two wholly owned land assets for which it is the ground lessor. Its development pipeline totaled 4.9 million square feet of estimated potential development density. Almost 80.0% of its portfolio is located in National Landing. As of December 31, 2025, it had 596 employees. Substantially all of its assets are held by, and its operations are conducted through, JBG SMITH LP, of which JBG SMITH, as sole general partner, controlled and owned 82.0% of its OP Units as of December 31, 2025. It operates in the following business segments: multifamily, commercial and third-party real estate services.

Written from the business description in JBG SMITH PROPERTIES's annual report to the U.S. Securities and Exchange Commission, filed 17 February 2026. Every sentence was checked against that document before publication.