JBG SMITH reported progress on its National Landing repositioning, citing continued placemaking activity and new leasing tied largely to defense and technology tenants. The company said it sold or recapitalized USD 660.3 million of multifamily and land assets and acquired USD 61.2 million of office assets, as it rotated capital across property types. It also repurchased USD 443.1 million of shares during 2025. JBG SMITH highlighted the delivery and ongoing lease-up of four recently completed multifamily towers and said it entitled 2.2 million SF of potential development density in National Landing.

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