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Bainum Family Foundation Sells Bethesda, Maryland, Office Building at a Loss

Washington Capital Management Buys The Fairmont for $45.4 Million
The Fairmont Building in Bethesda, Maryland. Photo: CoStar
The Fairmont Building in Bethesda, Maryland. Photo: CoStar
By Alexis Vouros
July 15, 2019 | 1:36 P.M.

A Bethesda, Maryland, office building that six years ago drew more than 20 offers from across the country has sold at a loss to Washington Capital Management out of Seattle for $45.4 million, or about $363 per square foot.

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