(205) 298.0809
1000 Urban Center Suite 675
Birmingham, AL 35242

The Sanders Trust Acquires $13 Million Kyle Medical Plaza in Austin, Texas

Monday | March 4th, 2013

Birmingham, Ala.– The Sanders Trust, one of the nation’s leading healthcare real estate investment companies located in Birmingham, Ala. announces their latest acquisition of the Kyle Medical Plaza located near Austin, Texas. The recently completed 42,000 square foot facility includes Hays Surgery Center, an outpatient surgery center, as well as MRI testing, physical therapy, and complementary physician practices.

“We are excited to add the Kyle Medical Plaza to our expanding portfolio of medical office buildings, especially in an area that is starting to identify itself as a hub for medical services,” said Rance Sanders, President and CEO of The Sanders Trust. “This acqusition fits perfectly with our strategy of acquiring and developing strategically located healthcare delivery facilities.”

The largest individual tenant within the Kyle Medical Plaza, Hays Surgery Center, features five operating rooms and is the first outpatient surgery center in the area. A wide variety of outpatient procedures are now available in Kyle due to the number of leading physicians that have joined the group. Hays Surgery Center follows a patient-centered model giving Kyle residents an opportunity to have their doctor visits and outpatient procedures at a facility closer to their home. This model is an area of business The Sanders Trust continues to expand and focus on. The procedures that will be offered at Hays Surgery Center include: general orthopedics, hand, urology, gynecology, general surgery, podiatry, pediatric opthamology, spine and pain-management as well as ear, nose and throat procedures.

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.
The Sanders Trust
1000 Urban Center Drive | Suite 675
Birmingham, Alabama 35242
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Phone: 800-565-2585
Fax: 205-298-0810
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