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2300 M Street Northwest

Updated Aug 13, 2026

George Washington University Acquires Medical Office Building In Washington DC For $51.4M
SOLDMedical Office

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

About this deal

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.

On the Map

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$51,400,000

Medical Office

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Players

GU
George Washington UniversityBuyer

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

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