Kaiser Picks Up New Space In West End
WASHINGTON BUSINESS JOURNAL
Kaiser Permanente is opening a location at 2301 M St. NW, inking a 44,000-square-foot long-term deal at the West End building. The Oakland, Calif.-based medical insurer and health care provider with 500,000 members in the mid-Atlantic region, plans a fall 2012 opening. Kaiser did not offer more details. The plan is not finalized, a spokeswoman said.
Kaiser has four facilities in D.C., according to its website, including the West End Medical Center at 2100-W Pennsylvania Ave. NW. It’s not clear if the new facility will replace that one, but Kaiser is moving most specialty and some primary care services from the West End Medical Center to the new Capitol Hill Medical Center Jan. 24. Kaiser, whose mid-Atlantic division is in Rockville, announced last fall it is spending at least $500 million and hiring hundreds of doctors to boost its East Coast presence.
In 2009, Kaiser paid $42.8 million to scoop up a 200,000-square-foot office building in Gaithersburg and took 200,000 square feet in Station Place near Union Station. In early 2010, it bought a 235,000-square-foot office building in Tysons Corner.
Paul DeFilippes and John Duffy of Summit Commercial Real Estate represented the building owner, Chromium, LLC.