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633 Indiana Avenue Northwest

Updated Oct 16, 2026

Johns Hopkins University Acquires Office Building At 633 Indiana Avenue NW For $34.9M
SOLDOffice

Johns Hopkins University Acquires Office Building At 633 Indiana Avenue NW For $34.9M

633 Indiana Avenue Northwest

$34,900,000

$230/SF

Building Size

151,300 SF

Asset Type

Office

Closing

Jan 13, 2026

About this deal

AI

The property involved in this transaction is a 13-story office building located at 633 Indiana Avenue Northwest in downtown Washington, D.C. The asset, comprising a total area of 151,300 square feet, was sold for a price of $34,900,000, which translates to a price per square foot of $231. The building, constructed in the 1960s, was previously occupied by the Court Services and Offender Supervision Agency and was set for a foreclosure auction on January 7, 2026. Future plans include renovations to accommodate Johns Hopkins University faculty and staff.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $34,900,000
  • Address: 633 Indiana Avenue Northwest
  • Market: Washington, DC
  • Square Footage: 151,300
  • Price per Square Foot: $231
  • Buyer: Johns Hopkins University

Johns Hopkins University is the buyer in this transaction, securing the office building for its intended use after renovations. The deal was noted within deed records, highlighting the acquisition process in the competitive Washington, D.C. market.

On the Map

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$34,900,000

$230/SF

Office

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Players

John Hopkins University
John Hopkins UniversityBuyer

Washington Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Deal FAQ

About $230 per square foot on a published $34.9M for 151,300 square feet (2026).

Browse Washington office sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.45%

Cash-on-Cash

-0.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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