Properties


Anchor Health Properties has developed more than 2.5 million square feet of healthcare property, including outpatient centers, health and wellness centers, outpatient rehabilitation centers, replacement hospitals, ambulatory care centers, medical office buildings, and cancer care centers. We also manage nearly 4 million square feet of medical space and have invested in more than five million square feet of medical office buildings. Our projects include new construction, renovation, repurpose and reuse of existing facilities and medical malls.  Here are some examples of properties that we have developed, acquired, and manage, and the strategies that made them possible:

Project

Indian River Medical Center

Ambulatory Care Center on Campus of Main Hospital

An outpatient ambulatory care center located on the campus of a 335-bed not-for-profit hospital centrally located on Florida’s east coast.

Project

Nemours duPont Pediatrics Deptford

Outpatient Medical Specialty Center

A one-stop-shop for families in the Deptford, New Jersey area that keeps care for children close to home.

Project

Penn Medicine Southern Chester County

Medical Office Building

Winner of the 2016 HREI Insights Award for Best New Ground-Up Development, this 72,000 SF outpatient project for Penn Medicine houses primary and specialty physician services as well as laboratory, physical therapy and radiology imaging services.

Project

Doylestown Health & Wellness Center

Ambulatory Care & Health & Wellness Center

An outpatient facility for Doylestown Hospital strategically located directly between the main hospital campus and its closest competitor.

Project

Capital Health Medical Center

Replacement Hospital and Medical Office Building

Capital Health occupied two acute care hospitals in downtown Trenton, NJ and was losing market share to its suburban competitors.

Project

Good Shepherd Health & Technology

Outpatient Rehabilitation Center

A facility housing all of Good Shepherd’s outpatient services under one roof, in a building designed to maximize accessibility in a therapeutic environment.

Project

St. Elizabeth Covington

Hospital Without Beds and Medical Office Building

The Covington campus of the St. Elizabeth Healthcare System offers supporting diagnostic and outpatient services, fully operational Emergency Department and physician practices in a new outpatient building.

Project

Health Center at Moselem Springs

Outpatient Center and Medical Office Building

A historic inn turned state-of-the-art medical facility with centralized registration and electronic medical records system.

Project

The Pavilion at Doylestown Hospital

Medical Office Building and Cancer Center

An on-campus medical office building at Doylestown Hospital featuring hospital services in a setting convenient to both patients and doctors.

Project

Southeast Eye Center

A new medical office building adjacent to a large medical center in Powell, TN. The project was completed fee-for-service, significantly under budget and ahead of schedule.

Project

Chancellor Park Medical Complex

Core Outpatient Acquisition

Untapped financial and strategic value provide the opportunity to invest in the local community and expand in a competitive, urban market

Project

Shady Grove Professional Center I and II

Acquisition

Complementary tenancy and strategic location are key objectives in the medical complex’s revitalization

Project

Penn Medicine Chester County Hospital

Third-Party Property Management

Anchor Health Properties provides third party property management services to multiple medical office buildings in suburban Philadelphia that offer primary and specialty outpatient services to the Chester County community

Indian River Medical Center (IRMC) is a 335-bed not-for-profit hospital centrally located on Florida’s east coast just off U.S. Highway 1. Although IRMC has added on to their acute care facility over time, their outpatient services and related physician offices were embedded in the main hospital buildings as opposed to having a distinct outpatient identity. 

As development manager, Anchor Health Properties assisted in the planning and development of an on-campus outpatient center that creates a convenient “one-stop shopping” experience for the healthcare consumer. This comprehensive center creates a distinct outpatient brand for IRMC as it integrates with the neighboring, newly-constructed Scully-Welsh Cancer Center to form an outpatient campus within the overall hospital campus. Access, parking, healing gardens and other amenities were carefully designed and constructed so that the visitor coming to the IRMC campus for non-acute services would easily find their way to their intended destination as well as convenient parking and acess to all necessary services. 

Quick Facts: 

  • The building was designed with flexible space to accommodate growth and future needs and services. 
  • To best align the design with the goal to efficiently deliver the highest quality of care, physicians were involved early in the planning process. 
  • Operational efficiency and improved patient flow provided by the innovative design of this building helps to ensure a positive patient and family experience. 
  • Natural light flooding from the many windows used in the building’s common areas enhance the bright open design. 

For information about leasing space in any of Anchor Health Property's facilities, please email info@anchorhealthproperties.com.

Location

Vero Beach, Florida

Total Building Area

68,000 SF

Property Type

Medical Office Building

Opened

2016

Strategy

Nemours made a commitment to keep care local – whenever possible – because they believe families deserve convenient access and continuity of care for their children, close to home. To fulfill this commitment in South Jersey, Nemours decided to construct a consumer-focused facility that would serve as a ‘one-stop-shop’ for the Deptford, NJ community. The desired facility would be convenient, highly visible and intelligently designed around the needs of children and their families.

Results

This patient-friendly medical destination for children is planned around the goal of improving the experience and health of customers while managing costs.   Provider efficiencies and improved patient flow help ensure an overall positive patient (and family) experience in a cost-effective way.

Located close to a popular shopping area where a number of major roads converge, the property was chosen to create easy access and high visibility while maintaining enough space for future expansion.  Ample parking and an oversized, covered patient drop-off and pick-up area lead way to a kid-friendly, spacious, light-filled lobby divided into waiting ‘zones’ that address specific patient populations with age-appropriate seating and activities.  Added conveniences include furniture charging stations, a café, play areas, a lactation room and a secure, monitored playroom in which parents can leave patient siblings.

Unique design decisions were made to improve provider efficiencies and patient flow, and furthermore, patient experience.  These include, in-room patient checkout and telemedicine technologies, identical exam room layouts for versatility, team centers for provider collaboration and convenient workspace, and direct provider-only access to different parts of the building. 

Services

Medical Imaging, Outpatient Surgery, Therapeutic Services and a wide range of physician specialties, including Allergy & Immunology, Behavioral Health, Cardiology (Heart Care), Concussions in Children, Developmental Pediatrics, Endocrinology (Hormones & Growth), Gastroenterology (Digestive Health), Nephrology (Kidney Health), Neurology, Neurosurgery, Ophthalmology (Eye Care), Orthopedics, Otolaryngology (Ear, Nose & Throat), Pediatric Surgery, Physical Medicine & Rehabilitation (Rehabilitation Medicine), Plastic Surgery, Pulmonology (Respiratory Care), Sports Medicine, Urology, Neonatal Follow-up Program and Neuropsychology.


For information about leasing space in any of Anchor Health Property's facilities, please email info@anchorhealthproperties.com.

Location

Deptford, New Jersey

Total Building Area

63,000 SF

Property Type

Outpatient Medical Specialty Center

Opened

2016

Winner of the 2016 HREI Insights Award for Best New Ground-Up Development

 

Strategy

Chester County Hospital, now a part of Penn Medicine, historically enjoyed a significant market share in the southern Chester County area.  Many residents of the area bypassed the local hospital to travel more than 20 minutes to the hospital’s other facilities to receive care within the health system.  The system, which merged with Penn Medicine in 2013, began the search for a location within the Southern Chester County community to construct a facility to provide comprehensive quality healthcare close to home.  Anchor worked with Chester County Hospital to identify an ideal location for the facility and develop a limited partnership with the hospital and physician investment model to make the building financially feasible.

Results

Penn Medicine Southern Chester County opened its doors in the Summer of 2015 with 100% of the office space secured by primary and specialty physician offices complemented by diagnostic laboratory and imaging services and physical rehabilitation.  The anchoring primary care physician office saw a drastic influx of patients requesting to become a patient of the practice.  In the first year of operation, the facility exceeded volume projections by 20% and Penn Medicine Chester County Hospital experienced an increase of both inpatient and outpatient visits from residents of the surrounding area.  Anchor continues to manage the property.

Services

Primary Care, Cardiology, Obstetrics and Gynecology, Pediatrics, Orthopaedics, Gastroenterology, Otolaryngology and more specialty practices supported by diagnostic imaging, laboratory services and physical therapy.


For information about leasing space in any of Anchor Health Property's facilities, please email info@anchorhealthproperties.com.

Location

West Grove, Pennsylvania

Total Building Area

72,000 SF

Property Type

Medical Office Building

Opened

2015

Strategy

Doylestown Hospital wanted an outpatient facility that would open new markets and increase market share.  Anchor identified a project site directly in between the main hospital campus and Doylestown Hospital’s closest competitor, 15 miles south of the main hospital. The original concept for the project was an integrated, community-center projected that would focus on the patient’s health and wellbeing.  Every detail of the project was managed by Anchor from the harvesting of local bluestone materials used in the lobby that are carried through the project in the building signage, to the installation of artwork from local artists so abundant in this Bucks County, PA market to the targeted lease-up of the project ensuring a wide range of specialists to complement the hospital’s outpatient offerings.

Result

A project that stands the test of time.  More than 10 years old, this project has consistently outpaced revenue projections and receives the highest Press Ganey scores.  The facility’s success stems from the right mix of services, merchandised under Anchor’s guidance, for maximum impact. Related services & programs such as orthopedics, cardiac rehab and physical therapy are integrated with a for-profit community fitness center, generating both cost savings and additional revenues.

Services

Diagnostic and General Imaging, Physical Therapy, Spine Center, Surgery, Vein and Laser Center, Primary Care and Specialty Physician Offices.  Amenities include pharmacy, café, fitness center, spa and traditional and auditorium style conference space.


For information about leasing space in any of Anchor Health Property's facilities, please email info@anchorhealthproperties.com.

Location

Warrington, Pennsylvania

Total Building Area

120,000 SF

Property Type

Ambulatory Care & Health & Wellness Center

Opened

2001

Strategy

Capital Health occupied two acute care hospitals in downtown Trenton, NJ and was losing market share to its suburban competitors. A decision was made to upgrade one of the downtown hospitals, to close the other and to replace it with a new healthcare campus approximately seven miles outside Trenton in Hopewell, NJ.  Capital Health chose Anchor Health Properties as the developer of the new campus due to its vast experience integrating retail principles into the delivery of healthcare, and its previous success in developing an outpatient campus for Capital Health in Hamilton, NJ in 2005. Anchor was brought in early to establish the project vision, in collaboration with the hospital, and was instrumental in identifying and securing a strategic regional location at a full interchange of I-95.  Anchor Health was responsible for the overall development of the project, from approvals through design, construction and opening.  The goal was to create a uniquely customer- focused environment that combined elements of retail and hospitality in a state-of-the-art medical center.

Result

A project that stands the test of time.  More than 10 years old, this project has consistently outpaced revenue projections and receives the highest Press Ganey scores.  The facility’s success stems from the right mix of services, merchandised under Anchor’s guidance, for maximum impact. Related services & programs such as orthopedics, cardiac rehab and physical therapy are integrated with a for-profit community fitness center, generating both cost savings and additional revenues.

Services

235-bed Hospital Center with all Private Rooms, Ambulatory Surgery Center, Comprehensive Cancer Care Center, Cyber-Knife Radiosurgery, daVinci Robotic Surgery, Digestive Health, Labor and Delivery, Neurosciences, Orthopedic Services, Plastic and Reconstructive Surgery.  Amenities include cafés, retail boutique, spa and concierge desk.


For information about leasing space in any of Anchor Health Property's facilities, please email info@anchorhealthproperties.com.

Location

Hopewell, New Jersey

Total Building Area

960,000 SF

Property Type

Replacement Hospital and Medical Office Building

Opened

2011

Strategy

Good Shepherd Rehabilitation Hospital in Allentown, Pennsylvania wanted to consolidate its outpatient services on its main campus to complement its existing long term care and independent living facilities.  Anchor developed the Health and Technology Center to integrate all of Good Shepherd’s outpatient services under one roof, in a building designed to maximize accessibility in a therapeutic environment.  No other rehabilitation hospital in the country provides an equivalent continuum of care at one location.  All of these campus components are connected by handicapped-accessible wellness and healing gardens.

Result

“Rehabilitation-Revolutionized”- that’s the spirit that Good Shepherd Rehabilitation Hospital’s flagship campus now exemplifies, with the addition of the Health and Technology Center developed by Anchor Health Properties.  This outpatient center has become a regional draw and solidified the reputation of Good Shepherd as an innovator in rehabilitation healthcare.

Services

Aquatic therapy, Day Hospital and Neuro Rehabilitation, Pediatric Rehabilitation, Physical and Occupational Therapy.  Amenities include Optimal Fitness – a fitness facility that includes equipment for individuals with and without disabilities, technology center with focus on augmentative and alternative communication and environmental controls, and a wheelchair clinic.


For information about leasing space in any of Anchor Health Property's facilities, please email info@anchorhealthproperties.com.

Location

Allentown, Pennsylvania

Total Building Area

64,000 SF

Property Type

Outpatient Rehabilitation Center

Opened

2006

Strategy

St. Elizabeth Healthcare, a 5-hospital system in Northern Kentucky, opened its first hospital in 1914 in Covington, Kentucky.  Their second hospital opened in 1978 in Edgewood, KY in the growing suburbs and, responding to the changing demographics in the region, expanded rapidly. At the same time, the Covington location was losing patient population and suffering from a deteriorating physical plant.  In 2005, St. Elizabeth and Anchor began a careful analysis of the cost of maintaining the remaining services in Covington versus building a new facility.  The outcome was a decision to move all of the licensed beds from the original Covington location to the Edgewood campus.  All of the supporting diagnostic and outpatient services, including a fully operational Emergency Department, were consolidated along with physician practices in a new outpatient building on a highly visible site in Covington with direct visibility and access off of a major interstate highway. 

Result

This project enables the system to continue its commitment to provide high quality healthcare to the community, but in a location that has allowed it to gain considerable market share for outpatient services.  In addition to the clear financial benefits of moving from an outdated facility with increasingly high operating expenses, the integration of all hospital services on the first floor has allowed St. Elizabeth to take advantage of operational efficiencies as well, ultimately providing a more productive work environment for staff and a seamless, and customer friendly experience for the patient.

Services

Emergency Department, Imaging, Dialysis, Wound Care (including hyperbaric chambers), Women’s Imaging, Physical Therapy, Lab, Cardiac Diagnostics, Diabetes Center, Timeshare Office Space, Primary Care and Specialty Physician Offices.  Amenities include café, retail boutique, and resource center.


For information about leasing space in any of Anchor Health Property's facilities, please email info@anchorhealthproperties.com.

Location

Covington, Kentucky

Total Building Area

120,000 SF

Property Type

Hospital Without Beds and Medical Office Building

Opened

2009

Strategy

Lehigh Valley Hospital & Health Network needed to meet the strategic needs of the health system and expand its market share.  In order to meet these needs, while also reducing space and cost, Anchor Health Properties transformed the historic Inn at Moselem Springs into a health center.  The Health Center at Moselem Springs is a completely integrated medical facility, having centralized registration for all services, as well as a state-of-the-art electronic medical records system which tracks patients throughout the Lehigh Valley Hospital system. One central waiting room is shared by all patients and served by one welcoming reception / registration area. Nine exam rooms are shared by all physicians who rotate through the health center, offering seamless care to the patient. 

The Inn had, for many years, been a landmark and destination for fine dining, as well as family and community functions. The historic integrity of the building has been maintained through the preservation of crown moldings, exposed beams and fireplaces. A shed was constructed at the edge of the parking lot to accommodate local horse-drawn buggies of Amish and Mennonite visitors to the facility.

Result

The Health Center exceeded all Year One volume assumptions and provided Lehigh Valley Hospital and Health Network a successful strategic location in a highly competitive market for the coming years.  It is a wonderful resource, which re-purposed a historic landmark and longtime community destination.

Services

Diagnostic and General Imaging, General Surgery, Primary Care and Specialty Physician Offices, Physical Therapy and Women’s Imaging,.  Amenities include on-site community health coordinator and community conference room.


For information about leasing space in any of Anchor Health Property's facilities, please email info@anchorhealthproperties.com.

Location

Kutztown, Pennsylvania

Total Building Area

15,000 SF

Property Type

Outpatient Center and Medical Office Building

Opened

2011

Strategy

Plans for an on-campus Medical Office Building at Doylestown Hospital were on the drawing board for more than ten years.  Anchor Health Properties was brought in and was able to align the hospital and physicians and move the project forward.  After completing the off-campus Health & Wellness Center with Anchor, Doylestown Hospital knew it was the right team to create a facility that would include high-quality medical office space with hospital services in a setting convenient to both patients and doctors.  The building connects to the hospital with a second-floor enclosed skyway.  As a result of the success of the original building, Anchor developed an expansion to the existing Pavilion. A major component of this 32,000 SF expansion is a cancer center that is operated jointly by the University of Pennsylvania Health System and Doylestown Hospital.

Result

The Pavilion helps to retain key physicians to bring new ones to the Doylestown Hospital system.  There is better integration across physician practices having multiple disciplines under one roof.  Creating a partnership entity and investment opportunity in this building has helped to further align the hospital and physicians.  The building also aligns a prestigious academic institution with a community hospital to provide the highest level of oncology care.

Services

Specialty Physician Offices, Diagnostic Imaging, General Surgery, Outpatient Endoscopy, Infusion, Multi-disciplinary Oncology Services, Radiation Therapy, Sleep Center.


For information about leasing space in any of Anchor Health Property's facilities, please email info@anchorhealthproperties.com.

Location

Doylestown, Pennsylvania

Total Building Area

100,000 SF

Property Type

Medical Office Building and Cancer Center

Opened

2005 (Expanded: 2007)

Strategy

Southeast Eye Center, a building partnership of three ophthalmological Practices, Southeastern Retina Associates, East Tennessee Eye Surgeons, and Center for Sight required an organization that could manage the development, site identification, financing, design and construction processes for their new medical office building.

Results

Anchor Health was engaged to oversee all areas of the creation of the new medical office building located adjacent to the North Knoxville Medical Center campus in Powell, TN.  The project was completed fee-for-service, significantly under budget and ahead of schedule. Anchor also now provides asset and property Management for the clinical facility that has expansion space available for a future ambulatory surgery center. 

Services

Eye Care


For information about leasing space in any of Anchor Health Property's facilities, please email info@anchorhealthproperties.com.

Location

Powell, Tennessee

Total Building Area

17,000 square feet

Property Type

Medical Office Building

Opened

2012

As Anchor expanded its operational and investment presence nationwide, it made a strategic decision to invest heavily in the San Diego market.  The Chancellor Park campus was consistent with the Company’s investment thesis of focusing on best in class, health system anchored medical office buildings. The Chancellor Park buildings are Class A medical office projects with strong anchor tenancy (University of California, San Diego Health System), an attractive location and local demographics, and strong projected rental growth over time. Anchor’s acquisition team recognized the two-building portfolio provided the opportunity to convert remaining commercial office space to clinical medical office use, and expand the existing parking structure, thus adding exponential value to the facility and return on investment.

In order to transition additional existing commercial office space to medical office use, Anchor first needed to increase the amount of available parking at the facility. Through a competitive RFP process, Anchor’s asset management team selected a structural engineer, architect, and general contractor from a pool of highly-qualified and local firms to execute on the parking enhancement plan.

After careful analysis, Anchor decided to move forward with building an expansion to the existing three-story parking structure, which will allow the entire facility to house medical office space in time. This conversion unlocks potential value in the facility and offers the ability to enhance the medical tenant ecosystem as well as provide complementary services in one location to the local community.

With construction and capital expenditure projects underway, Anchor’s on-site property management team has extended complimentary valet services to help navigate and promote a seamless and positive experience for staff, patients, and their families.

Essential to the Company’s acquisition platform is our ability to recognize the often untapped financial and strategic value in medical office assets. Anchor’s integrated platforms and extensive local market knowledge helped to establish and build the strong foundation for a long-term relationship with UCSD Healthcare. The ensuing real estate strategy will be highly beneficial to the local community in providing best in class healthcare services.

Location

San Diego, CA

Total Portfolio Area

199,582 Square Feet

Property Type

Medical Office Buildings

In 2017, Capital Digestive Care (CDC), a leading regional physician group, selected Anchor Health Properties to evaluate local market solutions for CDC’s space needs, leading to a joint venture opportunity between CDC and Anchor in two adjacent medical office buildings located at 15001 and 15005 Shady Grove Road in Rockville, Maryland.  The site is well situated with easy access to Interstate 270 and close proximity to the 321-bed Adventist Health Shady Grove Medical Center. The surrounding area is a premier medical and health sciences corridor in the Greater Washington, DC metro market and features some of the nation’s largest biotech and health sciences companies, including Johns Hopkins University and the National Cancer Institute. Acquisition of these institutional quality buildings in the Shady Grove Corridor of Montgomery County, MD presented a unique opportunity to create a centralized hub for synergistic services in a strategic location built around the branding of practices and addressing the needs of patients.

Through a newly formed joint venture with MedProperties and co-investing with CDC, Anchor Health Properties acquired the Shady Grove Medical Office Building portfolio in the spring of 2018. Capital Digestive Care entered into a long-term lease and provided significant credit enhancement to the rent roll, establishing building stabilization, increasing long term valuation, and aligning interests.

Anchor’s acquisitions and property management teams are working to create additional value in the assets through a robust capital spending program and stabilization of key tenancy. Enhancement of common area building finishes and tenant spaces will reposition the asset as one of the top Class A medical office buildings in the submarket.

Anchor recognized a strategic opportunity to acquire institutional buildings that take full advantage of an attractive supply/demand imbalance in the Shady Grove market and unlock the asset’s untapped value through repositioning of and enhancements to the facilities and building relationships in the marketplace with existing and new tenants.

Location

Rockville, MD

Total Building Area

103,859

Property Type

Medical Office Building

Acquired

2018

In Summer, 2017, Anchor Health Properties took over a number of third-party property management agreements and now manage eight medical office locations throughout Chester County, Pennsylvania in and around Chester County Hospital.  Many of these projects house Penn Medicine affiliated practices.

The medical office buildings, namely the Fern Hills Medical Campus, North Hills Medical Building, Kennett Square Medical Campus, and East Marshall Street Medical Office Building, provide primary and specialty outpatient services to the surrounding community. Tenancy is comprised mainly of private physicians offering high quality patient care, including pediatrics, hematology /oncology, women’s services, and vascular surgery, among others.

Since Anchor took over operations at the properties, our property management team has been working diligently to manage and execute strategies that align with Chester County Hospital’s real estate decisions and their business and patient care objectives.

Anchor has focused on improving the quality of service for tenants and responsiveness to service needs as well as creating operational efficiencies, including timely review and management of service contracts and operational budgets, landscape upgrades, and ongoing renovations to create a welcoming environment for patients and their families.

Even though Anchor does not own the buildings, we are particularly sensitive to the needs of the physician and health system owners, and act as a valuable interface between the hospital system and independent medical providers in the day-to-day operation of these facilities. Our property management team operates on a partnership basis with our clients – and we strive to be seen as a vital piece of their organization and strong advocates for their interests. Through our on-site visits and daily interactions, we become more than property managers. We are problem solvers for our tenants, advisors for senior leadership, and colleagues to the entire staff – from housekeeping to practice managers.

As we initiate tenant renewal and leasing efforts which include major tenant interviews, occupancy has stabilized at nearly 100%.

In a third-party management arrangement, we recognize the value in a medical office building and are focused on managing the facility as if we owned it. We strive to maximize the value of the buildings, strengthen tenant relations, and realize steady occupancy growth.

Location

West Chester, Pennsylvania

Total Portfolio Area

315,000 square feet

Property Type

Medical Office Buildings

Contact


Thank you for your interest in Anchor Health Properties. If you have any questions or would like to speak with a member of our team, please contact one of our offices to discuss your healthcare real estate needs.

We look forward to hearing from you.


Mailing Address:

425 Seventh Street NE
Charlottesville, VA 22902

contact@anchorhealthproperties.com

Charlottesville, VA

425 Seventh Street NE
Charlottesville, VA 22902
434.293.8004 (O) 434.293.6256 (F)

Wilmington, DE

1300 North Grant Ave, Ste 209
Wilmington, DE 19806
302.655.1010 (O) 434.293.6256 (F)

Knoxville, TN

800 South Gay St, Ste 700
Knoxville, TN 37929
865.850.1277 (O) 434.293.6256 (F)

Nashville, TN

330 Mallory Station Road, Ste D-11
Franklin, TN 37067
931.490.4625 (O) 434.293.6256 (F)

Washington, DC

10125 Colesville Rd, Ste 346
Silver Spring, MD 20901
202.309.8247 (O) 434.293.6256 (F)

San Diego, CA

4510 Executive Drive, Suite P10
San Diego, CA 92121
858.880.4699 (O) 434.293.6256 (F)