JBG Smith Lands Another Headquarters Lease At Downtown Bethesda Project

JBG 4747 Bethesda Ave
Courtesy of JBG Smith
A Rendering Of Jbg Smith's Planned Development At 4747 Bethesda Ave.

A French nuclear power company is moving its U.S. headquarters from D.C. to Bethesda.

Orano signed on for 21,748 SF on the 10th floor of JBG Smith's 4747 Bethesda Ave. development, the REIT announced Monday.

The company currently operates its U.S. headquarters out of 1155 F St. NW, and it has another office in Vienna, Virginia, which it will vacate upon moving into the Bethesda office. CBRE's Brian Wood represented Orano in the deal.

The 15-floor, 281K SF office building with 6K SF of retail is expected to deliver in 2019. JBG Smith announced in July it would move its own headquarters to the project. Host Hotels & Resorts and Booz Allen Hamilton signed on in December for 55K SF and 65K SF, respectively.

"Orano is a leading global company in their field and they represent the type of best-in-class organizations we sought to attract when we embarked on the development of this building," JBG Smith Executive Vice President Dave Ritchey said in a release.

The development sits between retail center Bethesda Row and Carr Properties' 937K SF Apex building development, where the future terminus of the Purple Line will be located. One block north, StonebridgeCarras is planning a $300M mixed-use development with a 390K SF office building and a 219-room AC by Marriott hotel.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Washington, D.C. Newsletters
Related Stories

Activist Investor Buys Stake In Empire State Building Owner

San Francisco Office Market Climbs, Fueling Demand For Large Blocks, Luxury Space

Affinius Relinquishes Big Office Building Next To Capital One Arena

One Thomas Circle, The Elevated Workplace For The Way D.C. Works

Hedge Fund Breaks NYC Record With $375-Per-SF Office Lease

Renewals Dominate In Years-Low Office Leasing Quarter

University City Office Market Improves Despite Slow Quarter In Philly

DCHA Taps Executive Director: The D.C. Deal Sheet

The Multifamily Boom Is Putting HVAC Decisions Back In The Spotlight

High-Flying Midtown Office Market Back To Pre-Pandemic Health

Austin's Office Slump Is Fueling Mixed‑Use Projects

Gould Starts $25M East End Office Renovation, Seeks Tenants For Top Floors