Texas A&M buys 18-story office building near Texas Medical Center for engineering, medical school partnership

College Station-based Texas A&M University System board of regents approved the purchase of an 18-story office building across from Houston-based Texas Medical Center Sept. 27.

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The building, which is also adjacent to the Texas A&M Health Science Center’s Institute of Biosciences and Technology facility in Houston, will house Texas A&M’s engineering medical school, EnMed.

The EnMed program stems from a collaboration between Texas A&M and Houston Methodist Hospital. The goal of the initiative is to “educate a new kind of doctor who will create transformational technology for healthcare,” according to the Texas A&M news center.

The financial details of the transaction were not disclosed.

More articles on transactions and valuations:
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