George Washington University Acquires Medical Office Building In Washington DC For $51.4M
2300 M Street Northwest
$51,400,000
Building Size
—
Asset Type
Medical Office
Closing
Aug 11, 2026
AI
The medical office building located at 2300 M Street Northwest, Washington, DC, has been sold for $51.4 million. This transaction marks an expansion in the real estate footprint of the buyer, George Washington University, as it relocates its clinical services to this property.
Summary of transaction details:
- Property Type: Medical Office
- Transaction Amount: $51,400,000
- Buyer: George Washington University
- Sale Date: 08/11/2026
- Market: Washington, DC
This acquisition facilitates George Washington University's strategy of enhancing its clinical capabilities and resources within the West End area of Washington, D.C.
Players
Washington Medical Office Market Snapshot
Boundary boundary · Medical Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.31%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93