Monday, July 28, 2008

ThedaCare sells medical office buildings

By Tom Daykin
Milwaukee Journal Sentinel

Appleton-based health care provider ThedaCare has sold its medical office buildings in Appleton and Neenah to The Sanders Trust, a Birmingham, Ala.-based real estate investment company, for $34 million, it was announced today.

The five buildings together are 98-percent leased and have a diverse group of medical practices as their tenants, according to The Sanders Trust. The company’s vice chairman is former Green Bay Packers quarterback Bart Starr, who was responsible for developing the ThedaCare acquisition for Sanders Trust.

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