Dave Ritchey Leaving JBG Smith  
   
   
 

JBG Smith Chief Commercial Officer Dave Ritchey is leaving the company after nearly a decade as one of the REIT's top executives. 

 
 
Bisnow/Jon Banister
 
   
 

Ritchey is set to retire from his role at the head of the Bethesda-based REIT’s leasing team at the end of this month, the Washington Business Journal first reported. JBG Smith confirmed his departure to Bisnow

“We are grateful to Dave for his many contributions to JBG SMITH since our formation as a REIT,” a JBG Smith spokesperson said in an emailed statement. “Dave helped build and guide a deep team of professionals that were responsible for a number of important achievements, despite the challenges faced by the industry over the past few years.”

Also in this week’s D.C. Deal Sheet, BlackChamber Group buys a 65-acre data center site, Douglas Development’s Georgetown office-to-hospitality conversion opens, and a new vice president of leasing joins Lincoln Property Co.

Read more about this week’s sales, leases, milestones and personnel moves

— Emily Wishingrad

 
 

Today's Rundown

 
 

Federal Budget, Local Impact: D.C.’s budget is on the line as Congress considers a continuing resolution that would strip the District of $1.1B. The bill, which would fend off a government shutdown if passed before midnight, has already cleared the House and has support from Senate Minority Leader Chuck Schumer. Read more.

Purple Line Multifamily: A 245-unit multifamily community planned along the Purple Line in Prince George’s County got the final go-ahead. Dominium Development and Acquisition LLC received final approvals for its Flats at Glenridge Station in Landover Hills, the Washington Business Journal reported. Read more.

 
 

What Else Is Happening?

 
 
CRE Groups Race To Fight Tax Plan That Would Be Like 'Dropping A Bomb On The Business Model' CRE Groups Race To Fight Tax Plan That Would Be Like 'Dropping A Bomb On The Business Model'
 
   
 
Construction Cost Growth 'Far Too Hot' As Tariffs Begin To Bite Construction Cost Growth 'Far Too Hot' As Tariffs Begin To Bite
 
   
 
Steve Witkoff To Divest From CRE Firm As His White House Influence Grows Steve Witkoff To Divest From CRE Firm As His White House Influence Grows
 
   
 
Lewis Shaw, Leader Of National Industrial CRE Firm Jackson-Shaw, Dies At 82 Lewis Shaw, Leader Of National Industrial CRE Firm Jackson-Shaw, Dies At 82
 
   
 

The Finish Line

 
 

A new bar with a giant barrel for a door is here just in time for St. Patrick’s Day festivities. 

Barrel House comes from the owners of NoMa’s Wunder Garten and is slated to hold a series of pop-ups — starting with Shamrock Shack this weekend — before a full opening in September. Its iconic Logan Circle facade dates back to the 1940s.

The D.C. Rundown is written by D.C. Reporter Emily Wishingrad and edited by Deputy East Coast Editor Jon Banister. We'd love your feedback and news tips: emily.wishingrad@bisnow.com andjon.banister@bisnow.com. We’re also on encrypted messaging app Signal at JBanister.82 and emilywishingrad.37.

 
   
 
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