Economic UncertaintyJBGS discussed a seemingly-imminent economic slowdown in DC metro and the delayed impact of the changing federal landscape, as agencies are required to report office utilization.
Financial PerformanceJBGS's FFOps fell -63% y/y, missing consensus by 26%.
Office Sector ChallengesAmazon’s HQ2 has so far not able to be a giant tech magnet for National Landing, leading to declining office occupancy, reduced margins and earnings for JBGS.