Lindsay Automotive Group Acquires Office Building From Kaiser Permanente In Rockville For $10.3M

The property asset involved in this transaction is an office space located at 2101 East Jefferson Street, Rockville, MD. The building encompasses 222,462 square feet and was sold for $10,300,000, which equates to approximately $46 per square foot. The structure was originally built in 1985.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $10,300,000
• Buyer: Lindsay Automotive Group
• Seller: Kaiser Permanente
• Sale Date: 06/03/2025
• Brokers: Andrew Weir, Dave Baker, Jim Meisel & Kevin Byrd - JLL
• Square Footage: 222,462
• Price per Square Foot: $46

Kaiser Permanente sold its North Bethesda HQ to Lindsay Automotive Group, which plans to relocate its dealership to this address. Notably, Kaiser acquired the building in 1992 for $20.4 million.