Sanders Capital Partners, LLC, a Birmingham-based real estate acquisition and development firm, has recently completed the purchase of the Bonne Sante Professional Building in Oxford, Alabama, totaling $6.5 million.
This 23,675 square-foot multi-tenant medical office building is located on Hamric Drive East in a well- established medical corridor of Oxford and the location of Forefront Dermatology, Prestige Medical Spa, a nationally recognized Mohs surgical practice, and CORE Orthopedics.
“This asset type is very attractive to us in that it is home to leading medical providers that have found this location easily accessible to their patient base,” states Jackson Stewart, Executive Vice President & General Counsel for Sanders Capital Partners. “Sanders Capital Partners is pleased to be associated with these strong practice groups and looks forward to working with them to ensure their high levels of excellence to their patients.”
“I would like to thank our friends at Veritas Medical Real Estate Advisors for bringing us this opportunity,” Stewarts adds. “Their reputation among their physician clients is exceptional, and they counted on Sanders Capital Partners to be a good fit for their clients’ needs and ensure a smooth process.”
Sanders Capital Partners’ primary principal, Rance Sanders, has been instrumental in the medical real estate landscape for over 30 years as founding member of sister company, The Sanders Trust.
The Sanders Capital Partners team has a deep understanding of the issues important to today’s medical practices and crafts solutions to improve processes for physicians and practice managers. Since its inception more than seven years ago, Sanders Capital Partners has built its portfolio by strategically acquiring and developing properties in the southeastern, midwestern, and southwestern United States.
For more information regarding the acquisition of the Bonne Sante Professional Building or Sanders Capital Partners, please contact Krista Conlin at [email protected].
About Sanders Capital Partners
Sanders Capital Partners develops and acquires retail centers, medical properties, strategic land and light industrial properties primarily throughout the southeastern, midwestern, and southwestern United States. Sanders Capital Partners has significant capital and real estate expertise to acquire or develop stabilized income-producing assets. Sanders Capital Partners currently owns properties throughout the southeast midwest, and southwest.
For more information on Sanders Capital Partners, please visit their website at www.sanderscapitalpartners.com.
