Inova Health System has completed the sale of a 240,000-square-foot office building in Merrifield that previously served as its corporate headquarters. The property has been acquired by a Bethesda-based firm that is planning a long-term redevelopment of the site, marking a transition for the former headquarters asset.
An affiliate of Buchanan Partners purchased the building, located at 8110 Gatehouse Road, for $13 million. The acquisition involves one of two office properties that Inova placed on the market in 2020 as part of an effort to rightsize its real estate holdings. That portfolio move followed Inova’s $182.5 million purchase of the former ExxonMobil headquarters campus, which has since been repositioned as the Inova Center for Personalized Health.
Public records place the 2026 assessed value of the 8110 Gatehouse Road property at $10.56 million, including both the land and the building. The office asset is one of two buildings, along with 2990 Telestar, that housed Inova’s administrative offices for many years. Those administrative functions are now based at the former ExxonMobil campus, reflecting a consolidation of Inova’s office footprint.
Inova vacated the 8110 Gatehouse Road building in 2022, clearing the way for future reuse under Buchanan Partners’ ownership. Although the building itself is empty, Inova has retained a near-term operational connection to the site. The health system has an agreement with Buchanan Partners that allows it to continue using the property’s parking garage as satellite parking for Inova Fairfax staff until redevelopment activity begins.
The transaction underscores Inova’s ongoing strategy to adjust and streamline its real estate portfolio following the major campus acquisition. At the same time, it provides Buchanan Partners with control of a large, formerly single-user office asset in Merrifield, with a stated focus on repositioning the property over an extended time frame. Specific details of the redevelopment plan have not been announced.
The sale of the former headquarters building, along with the earlier relocation of Inova’s administrative operations to the Inova Center for Personalized Health, highlights the continued evolution of corporate and institutional real estate needs. The Merrifield asset now shifts from a long-term owner-occupier to new ownership oriented toward redevelopment, while still temporarily supporting Inova’s parking needs during the interim period before construction.
