Debevoise Advises CPPIB on Its Joint Venture with JBG SMITH for Washington, D.C. Development

26 February 2018

Debevoise & Plimpton LLP advised Canada Pension Plan Investment Board (CPPIB) on its joint venture with JBG SMITH (NYSE: JBGS) to develop and own 1900 N Street, an under-construction office asset consisting of approximately 271,000 square feet in the Central Business District of Washington, D.C.

Canada Pension Plan Investment Board (CPPIB) is a professional investment management organization that invests the funds not needed by the Canada Pension Plan (CPP) to pay current benefits on behalf of 20 million contributors and beneficiaries. In order to build a diversified portfolio of CPP assets, CPPIB invests in public equities, private equities, real estate, infrastructure and fixed income instruments.

The Debevoise team was led by partner Peter J. Irwin and included partner Michael Bolotin and associates Gregory A. Arutiunov, Brooke A. Fodor and Richard A. Grossmann.

Debevoise & Plimpton LLP is a premier law firm with market-leading practices, a global perspective and strong New York roots. We deliver effective solutions to our clients’ most important legal challenges, applying clear commercial judgment and a distinctively collaborative approach.