The Sanders Trust Acquires $13 Million Cancer Center in Indiana
Wednesday, August 1, 2012 - admin
Birmingham, Ala. – The Sanders Trust, one of the nation’s leading healthcare real estate investment companies located in Birmingham, Ala., announces their latest acquisition involving the real estate associated with The Floyd Memorial Cancer Center of Indiana, located in New Albany, IN.
As a leading comprehensive cancer center, The Floyd Memorial Cancer Center of Indiana provides the latest in technology and treatment options available to fight cancer. This facility is the only comprehensive cancer center in Southern Indiana offering both medical and radiation oncology at one convenient location.
“We are extremely proud to be affiliated with the dedicated team of professionals at Floyd Memorial”, said Rance Sanders, President and CEO of The Sanders Trust. “Floyd Memorial and their physician partners have demonstrated their continuing commitment to being best-of-class in cancer treatment, as evidenced by state-of-the-art technology and patient-centered care”, said Sanders.
The approximately $13 million acquistion for The Sanders Trust, comprises more than 39,000 rentable square feet, all of which will continue to be under a long term lease with Floyd Memorial Hospital and Health Services.
About The Sanders Trust The Sanders Trust develops and acquires Medical Office Buildings, Inpatient Rehabilitation Hospitals and Ambulatory Surgery Centers nationwide. With its headquarters in Birmingham, Ala., The Sanders Trust (www.sanderstrust.com) has been a recognized leader in the investment community for health care clients since its inception in 1989 and has developed or acquired more than 60 medical properties in 19 states, in excess of $500 million in value.
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