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Texas  + Healthcare  |  July 9, 2020
Paul Bubny
By: Paul Bubny

Vacant Acute-Care Hospital Trades in Brownsville

CBRE arranged the sale of Brownsville Doctors Hospital in Brownsville, for an undisclosed sum. The vacant property at 4750 North Expressway was purchased by a local investor who plans to provide healthcare services to the local community. The seller is Boston-based Capital Crossing.
 
The Brownsville Doctors Hospital is a three-story acute-care medical and surgical hospital totaling 79,396 square feet on five acres. It was licensed for 56 beds.

The property was originally built as a one-story hospital in 2001, then expanded in 2008 with the addition of two stories and an additional freestanding building to serves as the wound center.
 
“This property had challenges in terms of its large size and specialized surgical and inpatient spaces,” said CBRE SVP Scott Herbold. “However, the buyer made a strategic investment into this well-located medical facility and has plans to reposition it to better serve Brownsville and the surrounding area.”

For comments, questions or concerns, please contact Paul Bubny

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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