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


The Sanders Trust Acquires Abilene, Texas MOB


Wednesday | October 1st, 2014

Birmingham, Ala. – The Sanders Trust, one of the nation's leading healthcare real estate investment companies located in Birmingham, AL has acquired a nearly 77,000-square-foot, multi-specialty medical office building (“MOB”) in Abilene, Texas.

The acquired facility is at 100 percent occupancy and is located adjacent to the Abilene Regional Medical Center (“ARMC”) which is majority-owned by Community Health Systems, Inc. (NYSE: CYH).

ARMC occupies approximately one-quarter of the MOB for outpatient surgery, diagnostic imaging and associated clinic services. Other tenants in the MOB include Reliant Hospital Partners, with a 30-bed inpatient rehabilitation hospital, and Oceans Behavioral Hospital-Abilene, with a 35-bed inpatient behavioral health facility.

“This MOB is an excellent example of how post-acute healthcare services are being more conveniently delivered to patients today,” said Rance Sanders, president and CEO of The Sanders Trust. “We are very pleased to add this property to our portfolio as we continue our strategy of acquiring and developing healthcare real estate assets that are aligned with dominant providers in their respective markets."


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 22 states valued over $1 Billion.
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The Sanders Trust
1000 Urban Center Drive | Suite 675
Birmingham, Alabama 35242
USA |
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Phone: 800-565-2585
Fax: 205-298-0810
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