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Amazon buys its first HQ2 site. Here's how much it paid.

Amazon.com Inc. (NASDAQ: AMZN) has quietly purchased the 6.2-acre Pentagon City site where its first pair of HQ2 towers will be built. Acorn Development LLC, an Amazon subsidiary that is often listed when the company files for permits or makes land acquisitions, purchased the Metropolitan Park site on Jan. 15 from JBG Smith Properties (NYSE: JBGS) for $154.95 million, according to Arlington County records. An Amazon spokesperson confirmed the purchase and noted generally that the company is staffing up Arlington. Read More...

Amazon buys its first HQ2 site. Here’s how much it paid.

Amazon.com Inc. (NASDAQ: AMZN) has quietly purchased the 6.2-acre Pentagon City site where its first pair of HQ2 towers will be built. Acorn Development LLC, an Amazon subsidiary that is often listed when the company files for permits or makes land acquisitions, purchased the Metropolitan Park site on Jan. 15 from JBG Smith Properties (NYSE: JBGS) for $154.95 million, according to Arlington County records. An Amazon spokesperson confirmed the purchase and noted generally that the company is staffing up Arlington.

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