9/16/2024
Matt Kelly, CEO of JBG Smith and Current Chair of Nareit, tells the story of his company’s winning Amazon HQ2 for their National Landing site and shares his wisdom on corporate ethos, placemaking, and winning deals.
In this second episode of our focus on REITs this month, Matt tells the story behind the Amazon HQ2 deal as well as the history of JBG Smith and its focus in the Washington, DC metropolitan area. We explore the challenges and opportunities of JBG Smith being one of the few remaining place-based REITs, its long history in the area, and how that focus influences their ability to have won the landmark venture with Amazon, the company’s corporate ethos, their workforce housing initiative, and much more.
Matt shares advice for young people entering the business and shares observations about the broader industry from his tenure as Chair of NAREIT.
I hope you enjoy this rich discussion with Matt.
Resources:
- “The Real Estate Game: The Intelligent Guide to Decisionmaking and Investment” by William J. Poorvu
- Matt Kelly | LinkedIn
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