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The Sanders Trust Buys $14M Heart Center In Texas
Tuesday | May 27th, 2008
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Birmingham's Sanders Trust has acquired a $14 million health care building in Texas.
The 58,000-square-foot Amarillo Heart Center, located in Amarillo, Texas, joins the health care properties Sanders currently owns in 10 states.
"The Amarillo area's growth and the outstanding reputation of the physicians at the Amarillo Heart Group were important factors in motivating our organization to make this investment," said CEO Rance M. Sanders in a recent written statement. "This prominent cardiology group provides the most advanced cardiovascular care available in the region."
Sanders was founded in 1997 and is a national real estate investment company that develops physician clinics, medical offices and surgery centers.
ABOUT THE SANDERS TRUST:
The Sanders Trust develops and acquires medical office buildings, inpatient rehabilitation hospitals and specialty hospitals nationwide. Headquartered in Birmingham, Alabama, The Sanders Trust has been a recognized leader in the investment community for healthcare clients since its inception in 1989 and has developed or acquired properties in 30 states.
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