JBG SMITH Announces 2017 Multifamily Executive Award Wins For The Bartlett And Fort Totten Square

CHEVY CHASE, Md., Sept. 19, 2017 /PRNewswire/ -- JBG SMITH Properties (NYSE: JBGS), a leading owner of high-quality, mixed-use properties located in the Washington D.C. market, announced today that The Bartlett, a luxury apartment community located in the heart of Pentagon City in Arlington, Virginia, and Fort Totten Square, a modern mixed-use development located in Washington D.C., have each won top honors in the 2017 Multifamily Executive (MFE) Awards.

"We are honored to be recognized by Multifamily Executive for our work on The Bartlett and Fort Totten Square," said Tiffany Butcher, Executive Vice President of JBG SMITH. "JBG SMITH is dedicated to a robust strategy to develop projects such as these that will make a dramatic impact on the communities across the greater Washington region."

The Bartlett was named the 2017 MFE Project of the Year in the high-rise category. With 755,000 square feet soaring 23 stories, The Bartlett is an ultra-luxury apartment community with top-of-the-line ground floor retail such as Whole Foods Market, Commonwealth Joe Coffee Roaster's flagship store, and a Pure Barre fitness studio. The building features 40,000 square feet of indoor and outdoor amenities including a spa-quality fitness club and two expansive rooftops featuring a multi-purpose grilling and dining deck, a pool, sundeck, and dramatic views of the Washington D.C. skyline. The Bartlett's 699 units range from studios to three bedrooms and feature wide-plank flooring, eco-friendly carpet, stainless steel appliances, granite countertops, floor-to-ceiling windows, and Italian porcelain tiles.

Fort Totten Square was named the 2017 MFE Project of the Year in the mid-rise category. The Fort Totten Square community includes 350 units with 130,000 square feet of retail, encompassing an urban-formatted Walmart with a full-service grocery store and pharmacy; as well as access to Zipcar, Car2Go, Capital Bikeshare, and three Metro lines. With units ranging from studios to two bedrooms, the community features premium appliances, granite countertops, oversized windows, hardwood-inspired flooring, and private balconies. This modern community also includes a two-tiered resort-style pool, outdoor living rooms, grilling stations, and a sundeck for all residents.

MFE honors the industry's most prestigious executives, programs, and projects through their annual awards distributed at their annual conference in September. Winners of these awards are featured in the September and October issues of MFE and at www.multifamilyexecutive.com.

About JBG SMITH

JBG SMITH is an S&P 400 company that owns, operates, invests in and develops assets concentrated in leading urban infill submarkets in and around Washington, DC.  Our mixed-use operating portfolio comprises approximately 20 million square feet of high-quality office, multifamily and retail assets, 98% of which are Metro-served.  With a focus on placemaking, we drive synergies across the portfolio and create amenity-rich, walkable neighborhoods. JBG SMITH's future development pipeline includes over 18 million square feet of potential development density.  For additional information on JBG SMITH please visit www.jbgsmith.com.

Forward Looking Statements

Certain statements contained herein constitute forward-looking statements within the meaning of the federal securities laws. Forward-looking statements are not guarantees of future performance. They represent our intentions, plans, expectations and beliefs and are subject to numerous assumptions, risks and uncertainties. Our future results, financial condition and business may differ materially from those expressed in these forward-looking statements. You can find many of these statements by looking for words such as "approximates," "believes," "expects," "anticipates," "estimates," "intends," "plans," "would," "may" or other similar expressions. Many of the factors that will determine the outcome of these and our other forward-looking statements are beyond our ability to control or predict. For further discussion of factors that could materially affect the outcome of our forward-looking statements, see "Risk Factors" in the final Information Statement in our Current Report on Form 8-K filed with the SEC on June 27, 2017.  You are cautioned not to place undue reliance on our forward-looking statements, which speak only as of the date hereof. We do not undertake any obligation to publicly update or revise any forward-looking statements to reflect events or circumstances, whether as a result of future events, new information or otherwise.

SOURCE JBG SMITH Properties

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