Vacant lot; former 81K SF medical office building demolished in 2023
Price per SF
$49 per SF (our calculation)
Asset class
Land
Transaction
Sale
Sub-market
Washington, DC (Downtown / East End / West End / Georgetown)
Metro
Washington, DC
Reported date
Oct 14, 2026
Summary
An affiliate of Chevy Chase’s Rockwater Ventures bought a vacant lot near Union Station for $4M from Kaiser Foundation Health Plan Inc. and is evaluating potential options for the site, the Washington Business Journal reported. Source: Bisnow.
Summarized from the article; the quoted lines below are from the article itself.
Source: Bisnow
Read the full report at Bisnow. What the article says:
Deal / Price / Buyer / Seller
An affiliate of Chevy Chase’s Rockwater Ventures bought a vacant lot near Union Station for $4M from Kaiser Foundation Health Plan Inc. and is evaluating potential options for the site, the Washington Business Journal reported.
Size
The site was formerly home to an 81K SF medical office building that Kaiser occupied but was demolished in 2023.
Article date: 2026-10-16T14:37:16-04:00
Frequently asked questions
Who bought Vacant lot near Union Station?
Rockwater Ventures bought Vacant lot near Union Station in Washington, DC, according to Bisnow.
How much did Vacant lot near Union Station sell for?
The reported price is $4M ($49 per SF, our calculation), per Bisnow.
Who sold Vacant lot near Union Station?
The seller was Kaiser Foundation Health Plan Inc, per Bisnow.
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