Birmingham, Ala. – The Sanders Trust (TST), one of the nation’s leading healthcare investment companies, located in Birmingham, Alabama, recently acquired three medical investment properties in three states, expanding its portfolio by $16.5 million.
“These acquisitions further TST’s investment strategy of adding $100 million to $200 million each year to our portfolio by acquiring or developing strategic properties integral to prominent health systems,” stated Rance Sanders, president and CEO of The Sanders Trust.
Murrysville Commons Medical Building – Pittsburgh, Pennsylvania
This 22,286-square-foot medical building was built in 2011 in Murrysville, Pennsylvania, a submarket for the greater Pittsburgh area and strategically located near Forbes Hospital. Anchored by Allegheny Health Network, the facility offers a variety of services including comprehensive health services, obstetrical, gynecological, physical therapy, pediatrics and general family practices.
Lohman Endoscopy Center – Las Cruces, New Mexico
The Lohman Endoscopy Center is a 13,444-square-foot multi-tenant facility located adjacent to the Mountain View Regional Medical Center campus in Las Cruces, New Mexico. Located in the fastest-growing market in New Mexico, the Lohman Endoscopy Center provides comprehensive gastrointestinal care through outpatient, inpatient, and post-acute services. The facility is occupied by Digestive Disease Consultants and the LifePoint Health System, which provides healthcare in 20 states.
Aurora Health Medical Office Building – Lake Geneva, Wisconsin
Constructed in 2000, the majority of the 22,600-square-foot Aurora Health Medical Office Building is leased to the state’s largest health system, Aurora Health, Inc. The Sanders Trust has acquired the Aurora Health anchored property which is a comprehensive rehabilitation facility. Services at the facility include physical therapy for both general and sports-related injuries, occupational therapy, and speech therapy.