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Washington DC & Mid-Atlantic  |  February 5, 2020
David Cohen
By: David Cohen

Amazon Pays $155M for HQ2 Site in Pentagon City

E-commerce giant Amazon has acquired a 6.2-acre site in Pentagon City where the first two towers of HQ2 will be built. The sales price was reported as $154.9 million.

The seller was JBG Smith, which is also serving as development manager on HQ2. JBG previously announced plans to sell the Pentagon City site, along with a 10-acre site at Pen Place for a total of $294 million. Amazon is expected to purchase the Pen Place site in 2021.

Work is already underway at the Pentagon City site, where construction crews are planning to demolish a single-story warehouse to free space for the two, 22-story office buildings. The buildings are expected to be certified LEED Platinum and will be powered by a Dominion Energy Virginia solar facility in southern Virginia.

For comments, questions or concerns, please contact David Cohen

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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