The federal government offloaded a prime property steps from the Tidal Basin in its second major sale in D.C.’s southwest corridor in two months

The L-shaped Liberty Loan building, a World War I-era structure on D.C.’s southwest waterfront, sold for $17M to Satvik Raj, who is associated with a single-family home at 2612 Amanda Court in Vienna, Virginia, records filed with the D.C. recorder of deeds show.

The sale includes a portion of the National Mall, records show, which has been transferred from the National Park Service to Raj.

It’s the latest sale as the Trump administration seeks to offload a number of massive, underutilized buildings in D.C.’s federal-heavy southwest corridor, an effort that’s positioning the area between the National Mall and Wharf for redevelopment.

CBRE’s Tommy Cleaver, John Sheridan and Ken Pearson represented GSA in the sale, according to a spokesperson for the brokerage.

Raj received a $17.5M loan from U.K.-based OakNorth Bank, according to deed records, $14.9M of which was used to purchase the building. It’s unclear how the borrower plans to use the remaining amount.

OakNorth Bank and GSA did not immediately respond to requests for comment. Information for the buyer was not immediately available.

Flavio Peres, GSA’s assistant commissioner for real property disposition, signed the sale documents on behalf of the agency’s Public Buildings Service.