CBRE Arranges Agreement for Future Sale of Easton Hospital Site in Maryland

CBRE announced it has facilitated an agreement for the future sale of the Easton Hospital property, a 14.84-acre site located at 219 South Washington Street in downtown Easton, Maryland. The buyer is Bluepoint Living.

CBRE’s Kevin Wille, John Sheridan, Adam Ceribelli and Charlie Mangold represented the seller, University of Maryland Shore Regional Health, a member organization of the University of Maryland Medical System.

The agreement is contingent upon the planned relocation of hospital operations to a new regional medical center currently under construction at 10000 Longwoods Road. The transaction is expected to close following the hospital’s anticipated move in 2028.

Originally opened in 1915 and renovated several times since 1950, the Easton Hospital campus encompasses approximately 390,000 sq. ft. across 14.84 acres in the heart of downtown Easton, presenting a significant future redevelopment opportunity.

“This property represents a truly unique opportunity in one of Maryland’s most desirable small-town markets,” said John Sheridan, Senior Vice President, CBRE. “We conducted a comprehensive and competitive process and are pleased to have identified Bluepoint Living as the buyer. Given their strong track record in downtown Easton, we are confident the team will continue to build on the area’s momentum and deliver something meaningful for the community over time.”

“This acquisition builds on our longer-term investment in Easton and reflects our continued commitment to preserving the character and culture of this community,” said Paul Prager, Founder, Bluepoint Living.

The site’s central location offers walkable access to Easton’s downtown amenities, including dining, retail and cultural destinations, and provides convenient access to major East Coast population centers.