Embarks development of a new $11.2 million medical office building in Glenview, Illinois
Birmingham, Ala. – The Sanders Trust, one of the nation’s leading healthcare real estate investment companies, has expanded its reach to half of the United States through its newest development in Glenview, Illinois. The Birmingham-based healthcare real estate and development firm, has commenced the development of a new $11.2 million medical office building in the affluent Chicago suburb.
The Sanders Trust has partnered with Clarius Partners Development Services, their Chicago-based project manager, to construct the 30,000 square foot medical office building. The facility will be 100% leased by the Fertility Centers of Illinois, S.C., a leading fertility treatment practice in the United States. Through their long term lease of the facility, the center will offer a comprehensive range of fertility treatments with an emphasis on in vitro fertilization and its related technologies. The centers also boast extensive experience in the continually evolving field of genetic screening of embryos, including diagnosis for single gene abnormalities.
“Not only is it a milestone for The Sanders Trust to enter its 25th state, but is also an honor to partner with a tenant that offers superb quality of care as we enter the high demand of the Chicago market,” stated Rance Sanders, President and CEO of The Sanders Trust.
This development marks The Sanders Trusts’ scope reaching half of the United States. Since the organization was formed by President and CEO Rance Sanders in 1989, The Sanders Trust has developed or acquired over $1 billion in medical properties and facilities across the country.
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 medical properties in 25 states, valued at more than $1 billion.
For more information on The Sanders Trust, visit www.SandersTrust.com
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