North Cypress Medical Center Sells for $148 Million
North Cypress Medical Center, located at 21214 Northwest Freeway in Cypress, Texas, sold for $148 million.
In a sign of high demand for health care properties, Medical Properties Trust sold North Cypress Medical Center, a 139-bed acute care hospital located in Cypress, Texas, to Hospital Corp. of America for $148 million.
Houston’s explosive growth over the past decade has hospitals chasing patients out to the suburbs. At least a dozen major…