Maryland Blogger: Amazon has signed the first leases and sales agreements at National Landing

Amazon has signed the first leases and sales agreements at National Landing

Amazon has signed the first leases and sales agreements at National Landing 

 

Developer JBG Smith announced that Amazon has signed its first leases and sales agreements to begin building HQ2 in the area it’s now calling National Landing.

Amazon signed three leases—totaling 537,000 square feet—at three existing JBG Smith buildings in Crystal City. The first HQ2 employees are expected to move into offices at 241 18th Street South and 1800 South Bell Street this year; they’ll move into 1770 Crystal Drive by the end of 2020.

JBG Smith also reached agreements to sell two of its sites in the neighborhood—known as Pen Place and Met 6, 7, and 8—which is where the first phase of new HQ2 construction will take place. Amazon will pay $294 million for the land, where it has the potential to build more than 4 million square feet of new headquarters space. JBG Smith says it anticipates closing on Met 6, 7, and 8 as early as this year, and on Pen Place as early as 2020. JBG Smith will serve as Amazon’s developer, property manager, and retail leasing agent at both sites.  - Washingtonian by 

Amazon Is One Big Step Closer to Its Official Arrival

 

A rendering of the future National Landing, courtesy of JBG Smith.

 

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Dahlia, National Capital Dahlia Society Show, Brookside Gardens, Wheaton, Maryland USA IMG 3061
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Photograph by Roy Kelley 
Roy and Dolores Kelley Photographs

Roy and Dolores Kelley Photographs

Roy Kelley and Associates

 

Roy Kelley, Associate Broker

Realty Group Referrals (Retired from RE/MAX Realty Group)

6 Montgomery Village Ave., Suite 200

Gaithersburg, MD 20879

Main Office:  301-258-7757 (You will not reach me at this number)

Send an email message if you need my phone numbers. I will be happy to recommend a real estate professional if you are moving to the area.

Comment balloon 5 commentsRoy Kelley • April 09 2019 02:10PM

Comments

Roy,

That means more jobs, more homes sold, and a continuing healthy economy!  Hurray, this was one of the reasons, I loved selling commercial real estate.  You could picture the future!  A

Posted by Ron and Alexandra Seigel, Luxury Real Estate Branding, Marketing & Strategy (Napa Consultants) 3 months ago

Contrary to some reports the Amazon average salary is pretty high.  This development in your community is likely to have beneficial consequences.

Salaries at Amazon.com Inc range from an average of $58,578 to $147,825 a year. Amazon.com Inc employees with the job title Chief Operating Officer (COO) make the most with an average annual salary of $231,759, while employees with the title Picker make the least with an average annual salary of $25,517.Jan 31, 2019

Average Amazon.com Inc Salary | PayScale

 

https://www.payscale.com/research/US/Employer=Amazon.com_Inc/Salary
Posted by Myrl Jeffcoat, Greater Sacramento Real Estate Agent (GreatWest Realty) 3 months ago

All thanks to a stupid naive newbie politician that talked New York City out of bringing them and improve their economy?  Isn't at correct? Congratulations the National Landing community, Endre

Posted by Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002 (Berkshire Hathaway HomeServices) 3 months ago

Thank you very much for your comments. Your feedback is always welcome and is very much appreciated.

Posted by Roy Kelley (Realty Group Referrals) 3 months ago
Paws in the Parkpaws
Back by "pup"-ular demand, Paws in the Park returns to Bohrer Park at Summit Hall Farm on Sunday, April 28. Join the City of Gaithersburg and the Montgomery County Humane Society from noon to 4 p.m. for this annual festival that features a one-mile dog walk, pet/owner lookalike contests, best trick and best stay contests, a canine agility course, activities for children, a marketplace, and more. Proceeds benefit the Montgomery County Humane Society. Discounts are available for advance registration. Click here to learn more. 
Posted by Roy Kelley (Realty Group Referrals) 3 months ago

Participate