Howard Hughes Corp. announces sale of MD Anderson's The Woodlands cancer treatment facility

The MD Anderson Cancer Center in The Woodlands opened last fall. (Ben Thompson/Community Impact Newspaper)
The MD Anderson Cancer Center in The Woodlands opened last fall. (Ben Thompson/Community Impact Newspaper)

The MD Anderson Cancer Center in The Woodlands opened last fall. (Ben Thompson/Community Impact Newspaper)

The Howard Hughes Corp. on March 18 announced the sale of The University of Texas MD Anderson Cancer Center's The Woodlands treatment facility for $115 million.

In a statement, Howard Hughes said the transaction resulted in net proceeds of $64 million and was made as part of the company's efforts to sell its non-core assets amid its ongoing corporate transformation plan.


The sale of the 208,000-square-foot medical building comes months after MD Anderson first opened its new The Woodlands care center at 100 Fellowship Drive. The facility offers a variety of patient care and diagnostic services, in addition to access to some clinical trials. MD Anderson will remain in the building following its sale. 844-244-3417. www.mdanderson.org
By Ben Thompson
Ben joined Community Impact Newspaper in 2019 as a reporter for The Woodlands area and began working as Austin's City Hall reporter in April 2021.


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