Amazon.com Inc.'s plans to establish a second headquarters in Crystal City will change everything for the Arlington County submarket, according to one top official representing HQ2's official landlord and development partner. Vornado Realty Trust (NYSE: VNO) Chairman and CEO Steven Roth, in his annual letter to shareholders released Friday, touted the massive transformation he believes will come to the area as Amazon (NASDAQ: AMZN) builds out its new home. Vornado spun the real estate, along with nearly all of its other D.C. properties, into a separate company that was merged in July 2017 with The JBG Cos. to form JBG Smith Properties (NYSE: JBGS). Read More...
Amazon will help turn Crystal City into a ‘teeming metropolis,’ Vornado chairman says
Amazon.com Inc.’s plans to establish a second headquarters in Crystal City will change everything for the Arlington County submarket, according to one top official representing HQ2’s official landlord and development partner. Vornado Realty Trust (NYSE: VNO) Chairman and CEO Steven Roth, in his annual letter to shareholders released Friday, touted the massive transformation he believes will come to the area as Amazon (NASDAQ: AMZN) builds out its new home. Vornado spun the real estate, along with nearly all of its other D.C. properties, into a separate company that was merged in July 2017 with The JBG Cos. to form JBG Smith Properties (NYSE: JBGS).
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