With $2B of completed development projects, 9M square feet under management, and nearly $3.2B invested in stabilized healthcare assets, we specialize in outpatient and inpatient healthcare facilities, including ambulatory care centers, outpatient centers, specialty care centers, behavioral health hospitals, surgery centers, inpatient rehabilitation facilities, health and wellness centers, replacement hospitals, and cancer care centers, among others.
Here are some examples of facilities that we have developed, manage, and acquired, and the strategies that made them possible:
As the community’s own health system, The Villages Health focuses on preventive care paired with a patient-centric clinical philosophy. Initially providing a robust primary care network, the growth of the community and the surrounding area created a need for the health system to expand its services to include specialty care.
The Center for Advanced Healthcare continues this philosophy in a unique bed-less ambulatory care center environment that would typically be found in an inpatient med / surg center. Working closely with the executive leadership and key stakeholders, Anchor dedicated significant expertise to the overall development including planning, programming, and oversight of the design and construction of the facility. Anchor guided the design to team to create a unique and flexible floorplan with an open and universal room model for The Villages Health specialty care services while anticipating future growth for the ASC, imaging, and cancer care services. Diligently managing the overall project budget to align with strategic goals, the layout benefits the programmatic needs of each tenant within the overall synergy and operations of a successful specialty care facility.
The Center for Advanced Healthcare is designed as a single, healthcare destination and is seamless from an “outsider’s” perspective. Built in the middle of a community with its own specific branding and marketing and critical to the success of the project, Anchor led the team through a closely managed value-engineering process that carved nearly $15 million in estimated project costs to align the design of the facility with the original budget without sacrificing the project’s vision, goals, brand and patient experience. At the time of project completion, the final development budget closed out more than $4 million under budget, resulting in realized cost savings of more than 20% of the initial budget projections.
Supporting successful, long-term internal operations driving medical tourism to the facility with an anticipated 256,000 visits per year is the synergistic ecosystem created by the adjacent hotel, conference center, and spa, construction of which was also managed by Anchor.
For information about leasing space in any of Anchor Health Properties' facilities, please email info@anchorhealthproperties.com.
The Villages, FL
235,000 SF
Outpatient Ambulatory Care Center
2020
View Property Photos +As a strategic real estate partner for Intuitive Health’s growing pipeline of build-to-suit hybrid provider-based emergency department and urgent care facilities across the United States, Anchor worked closely with key leadership from HonorHealth and Intuitive Health on a local, long-term development and expansion initiative.
Focused on improving the health and well-being of the community by providing convenient and easily accessible care in customer service-led environments that are patient- and family-centered, Intuitive’ s innovative, hybrid facilities bring a full-service emergency room and urgent care under one roof and offer convenient, affordable outpatient care. Wanting to increase market share and grow their presence in and around the Phoenix area, Intuitive and HonorHealth needed strategically located facilities in retail locations with high visibility and close proximity to the health system’s local hospitals. Speed to market and delivery within a competitive environment was significant to this project to ultimately provide residents with closer access to healthcare services.
Addressing the needs of Intuitive and HonorHealth, Anchor led a comprehensive site selection strategy using detailed data and market analysis from both health systems. The first identified location was Prasada, a newly developed retail and entertainment district, offering easy accessibility from the highway, dedicated healthcare space within a larger, mixed-use development, high visibility, and part of a growing market.
The new HonorHealth Complete Care facility accommodates walk-ins and offers an ambulance drop off through a 24/7 operating platform that is designed for speed of patient visits and efficient flow of provider care. Programming within the facility includes an emergency department, urgent care, trauma room, CT, x-ray, triage, lab and pharmacy, and fast-track exam rooms serving lower acuity patients. In support of Intuitive Health’s guiding principles and utilizing the programmatic model designed by E4H Architecture, Anchor explored various options to enhance flexibility of space allowing use for multiple specialties within the facility while remaining focused on implementing value-engineering strategies and sustainable design elements that did not sacrifice project vision.
The dual emergency and urgent care facility eliminates the need for patients to self-diagnose the severity of their health concerns before selecting the most appropriate medical center for care. The new patient-centered model is designed to simplify the way patients access immediate, appropriate care while also lowering out-of-pocket costs.
Furthering the delivery of highly-coordinated, patient-centric healthcare, Anchor ensured alignment of strategic market goals and capital needs to seamlessly integrate this facility into the community while ultimately capturing additional market share through cross-referral of complementary service lines and attracting and retaining individual providers to the overall physician base.
Surprise, Arizona
12,026 SF
Hybrid freestanding emergency department and urgent care
2022
View Property Photos +As Main Line Health’s first Women’s Specialty Center in collaboration with Axia Women’s Health, the health center serves as a destination for coordinated care to the community while focused on women’s health and wellness. The Ambulatory Health & Women’s Specialty Center is designed to meet the needs of the surrounding community through an expansion of primary, specialty and ambulatory care services
Working closely with executive leadership and key stakeholders, Anchor ensured complementary and support services were in alignment with the project’s overall goal as a healthcare destination for women. Additionally, to maximize real estate space in an urban, town center environment, Anchor’s team designed the facility into two distinct facets while integrating the parking structure allowing for direct access to each floor of the building from the garage.
Built to engage the whole community, the health center doubles as a place to receive healthcare and as a place for healthy learning. Promoting holistic wellness, the facility features an interactive teaching kitchen, a wellness-focused retail store, and a rooftop farm used for health and wellness classes as well as growing fresh produce.
Opening in the midst of the COVID-19 pandemic, the design of the space promotes flexibility, technology integration, and functionality optimization for another 50 years. Utilizing a module format, the facility can be realigned for telehealth, including virtual visits and digital monitoring, which can decompress a full waiting room and promote a more individualized patient experience. This flexibility in design can also accommodate future tenants with minimal disruption to reworking the layout. Additionally, placement of the parking structure facilitates direct vertical access to clinical areas for patients and visitors promoting safe social distancing.
For information about leasing space in any of Anchor Health Properties' facilities, please email info@anchorhealthproperties.com.
King of Prussia, Pennsylvania
94,000 SF
Outpatient Ambulatory Care Center
2020
View Property Photos +A joint venture between Kindred Rehabilitation Services, a business unit of LifePoint Health, and Tampa General Hospital, the inpatient rehabilitation center serves the surrounding community and regional patient base by caring for adults recovering from conditions such as stroke, neurological trauma, injury to the brain or spinal cord and other debilitating illnesses or injuries.
With an existing, aging facility and insufficient number of beds coupled with a growing population and market demand for high quality inpatient rehabilitation services in the area, Tampa General Hospital realized an increasing need for a new and dynamic, stand alone rehabilitation facility. The hospital system ran a competitive nationwide process to select and partner with a specialized, best in class inpatient rehabilitation facility operator. Offering a proven track record in the rehabilitation space, Tampa General Hospital ultimately formed a joint venture with Kindred Rehabilitation Services to enhance quality outcomes for patients and their families. Through the joint venture and subsequent ground lease of the facility, Tampa General Hospital maintains ownership of the master site for further expansion opportunities and ability to develop complementary specialized assets creating a medical campus.
Located in the dynamic medical and research district of Tampa, Florida, the 80-bed inpatient rehabilitation facility offers advanced services to better meet the growing needs of the Tampa Bay region. Aligned with the latest healthcare research and emerging trends, the facility offers advanced technology and all-private rooms, specially planned spaces and program as well as a secured brain injury unit with private dining and a therapy gym. Transitional living apartments designed to simulate a residential apartment enable patients to heal in a personalized and private environment as they prepare to return to independent living. The spacious accommodations make use of natural light and soothing colors, along with advanced rehabilitation equipment to promote healing and recovery.
Anchor provided financing and comprehensive development services in support of critical delivery expectations and strategic business goals for this project. Leading the full project team through historic escalation and procurement issues as an ongoing effect of the pandemic, Anchor also tailored a custom equity capital solution to implement the joint venture’s specific real estate and operational strategies for this project.
Opened to patients in 2022, the inpatient rehabilitation facility went through a successful Agency for Healthcare Administration (ACHA) certification and survey by the Joint Commission resulting in a fully licensed and certified hospital to provide exceptional patient care.
Tampa, FL
87,649 SF
Inpatient Rehabilitation Hospital
2022
View Property Photos +When Anchor acquired the asset in February 2019, UC Davis Health was an existing tenant in the facility. During the Tenant Interview process, the health system expressed reluctance to execute tenant improvement projects themselves due to the additional time and expense it meant to the system.
Capitalizing on Anchor’s integrated management and development platforms to optimize the financial and strategic value in the facility, UC Davis engaged Anchor to develop and execute on a full renovation to revitalize the facility while enhancing the patient and visitor experience. The ensuing renovations and expansion also provide an opportunity for the health system to re-locate and consolidate practices from surrounding areas as well as add new services to grow its footprint in a new submarket.
Working in collaboration with key leadership to help set the standard for all new UC Davis Health outpatient clinics, the team utilized 3P methodology with virtual design and process mapping to maximize workflow and optimize the patient experience which allowed for a practical and an immersive experience to understand the systems within the building thus avoiding costly re-work during construction. The renovation project is expected to capture additional market share for UC Davis through increased visitors’ volume as well as provide an opportunity to promote and enhance the health system’s image and brand in the market.
Enhancing the patient experience and ensuring flexibility of space was maximized in the building, the team incorporated DIRTT modular walls and sliding office doors as well as an exterior elevator to allow patients access to the second story space without first entering the building. To achieve LEED Gold Certification, the team specified LED lighting, new generation HVAC units, and a building-wide vacuum plumbing system anticipated to save an estimated 126,000 gallons of water annually.
As we strive to maximize the building’s value, and strengthen tenant and client relations, it is the cross- collaboration of our management and development platforms that provided the opportunity for the team’s combined efforts to complete the project several months ahead of the original projected schedule and under budget, while maintaining high-quality and safety standards during a pandemic. This perspective enables us to make thoughtful decisions that validate our project budgets, substantiate the return on investment of our design and construction process, and promote long-term success of our projects and clients.
Additional efficiencies were also integrated by placing experienced and knowledgeable staff on-site and sharing resources with other nearby buildings that are also managed by Anchor.
Roseville, CA
52,240 Square Feet
Medical Office Building
2020
View Property Photos +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.
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.
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 we do 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%.
West Chester, Pennsylvania
315,000 square feet
Medical Office Buildings
View Property Photos +The latest engagement in the 17-year real estate management and development relationship between Anchor and Capital Health is the third-party management services our team is currently providing at the Capital Health Medical Office Building in Bordentown, New Jersey. The new 78,000 square foot, 3-story facility serves as a complementary location to Capital Health Medical Center – Hopewell, Capital Health Regional Medical Center in Trenton, New Jersey and surrounding ambulatory sites, thus expanding the health system’s ambulatory footprint in this strategic market to meet demand.
Through our team approach and close working relationship with Capital Health and affiliated physicians, Anchor’s management team has embedded themselves as part of the fabric of this facility. Our dedicated and experienced professionals work side by side the physicians and staff to ensure that each of them has an attractive, functional work place and welcoming patient care environment. Through regular weekly walk throughs and on-site visits, we strive to exceed our tenants’ expectations with respect to their specific medical office space goals. We are passionate about delivering an exceptional experience to Capital Health’s tenants and patients, highlighted through our quality of customer service and attention to detail, and so we work diligently to address challenges and objectives while maximizing operational efficiencies.
In addition to providing comprehensive third-party management services and acting as an extension of Capital Health’s team, Anchor’s property management and development platforms recently completed a 13,357 square foot specialty care and behavioral health suite fitout. Planning for these specialty services included staff, patient and visitor flow throughout the building and into the space to ultimately provide a safer environment for visitors and patients. Together, the development and property managers assessed ROI and the cost benefit analysis to ensure the project’s long-term success.
Our fully integrated, cross-collaborative team works with health systems in suburban growth markets as well as highly competitive markets to formulate strategies for market expansion. With our extremely competitive cost of capital and financial flexibility, we leverage our collective experience, knowledge, relationships, and resources to invest in communities nationwide and help advance high-quality and cohesive patient care.
Bordentown, NJ
78,000 Square Feet
Medical Office Building
2019
View Property Photos +Our relationship with Maury Regional Medical Center (MRMC), the largest healthcare provider between Nashville, TN and Huntsville, AL, began in 2012 when Brinkman Management & Development served as the developer on a Class A multi-tenant 62,000-square foot medical office building. The building, of which MRMC is the anchor tenant, is located in Spring Hill, TN and includes an ambulatory surgery center and a radiation oncology suite.
Having decided to outsource their property management services, MRMC was searching for a long-term partner to fill this important role. In 2014, MRMC selected Brinkman Management & Development from a competitive RFP process and pool of highly qualified firms to serve as property manager. The relationship continued after Brinkman Management & Development merged with Anchor Health Properties in 2015.
From the start, Anchor Health Properties has worked diligently to grow and strengthen our relationship with MRMC by providing a comprehensive menu of real estate services including development, property and asset management, leasing, accounting, and acquisition and disposition. We advise on the use of existing real estate assets and space as well as other real estate related matters that may arise. Additionally, we conduct market rent surveys, prepare and provide monthly financial reports to the Chief Financial Officer and coordinate and manage refurbishments and CapEx projects.
As a full service, strategic real estate advisor, our on-site property management team virtually functions as a department within Maury yet still provides “arm’s length” protection on all transactions. Our day-to-day interactions include helping and problem-solving with our tenants and providers, meeting with and advising senior leadership and working alongside the entire MRMC staff – from housekeeping to the hospital legal department. As the trusted property manager of the seven-facility, 300,000-square foot portfolio, we are focused on building our existing relationship and continuing to manage each property efficiently and profitably.
Through our team approach and close working relationship with MRMC, Anchor strives to be considered a valuable part of the health system’s operations. Our on-site management team has increased lease revenues at least 3% annually, has implemented energy saving initiatives that have generated annual savings of over 15%, has managed the relocation and redesign of a number of practices, departments and suites leading to more synergistic tenant ecosystems in each asset, and has established a predictable and reliable property management structure that tenants and the hospital can trust.
Southern Middle Tennessee
300,000 SF
Medical Office Buildings
View Property Photos +
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.
For information about leasing space in any of Anchor Health Properties' facilities, please email info@anchorhealthproperties.com.
San Diego, CA
199,582 Square Feet
Medical Office Buildings
2018
View Property Photos +With a focus on relationships and supported by the strength of Anchor’s investments team to secure strategic, off-market transactions, the Company closed on three Class A, recently constructed, on-campus medical office buildings in September, 2019. Located in the broader Huntsville, Alabama metropolitan area, the 207,000 square foot portfolio significantly increased Anchor’s operating presence and footprint in the area while building a strong relationship with Huntsville Hospital Health System, the third largest not for profit health system in the country.
In alignment with Anchor’s investment thesis, the three assets offer key attributes of valuable healthcare real estate, including prime location with a dominant health system tenancy and a long-term commitment to the facility. Strategically located on the main accessway to each hospital, the buildings offer mission-critical outpatient services to the surrounding communities presenting a unique opportunity to create a centralized hub for synergistic services built around the branding of the health system and addressing the needs of patients.
In support of Huntsville Hospital Health System’s operations and continued expansion in the area, Anchor’s cross-collaborative investment and management platforms work alongside with affiliated physicians and practices to serve as a contributing resource in the delivery of high quality primary and specialty care services to the residents of Limestone and Madison Counties. With commitment to major economic development projects from high growth industries such as defense, auto manufacturing, and internet cloud computing companies, Anchor’s strategic investment in Hunstville, one of the fastest growing economies in the United States, is driven by the pursuit of better healthcare through real estate solutions.
Leveraged by our collective experience, knowledge, relationships, and resources, Anchor’s local, “boots on the ground” investment, development, and management team members collaborate with leading health systems and providers to drive our long-term partnerships, help frame our real estate strategies, and create a better healthcare experience for the consumer and a competitive edge for the health system.
Greater Huntsville, Alabama Area
207,000 SF
Medical Office Buildings
2019
View Property Photos +As one of the five largest non health system owners of medical office buildings in the Seattle MSA and the only privately held company in that group, Anchor Health Properties acquired IDC Medical Plaza in July 2021. With more than 300,000 square feet of owned and managed space in greater Seattle, the area is one of the largest investments markets for the Company. Historically underserved on quality medical space due to rising development costs and subsequent increase in clinical rental rates in the City of Renton, the asset was established as an essential component of community care by the previous ownership group.
Designed as a premier campus adjacent medical office building, the facility is strategically positioned proximate to Valley Medical Center, the sole acute care hospital in Renton and operated by UW Medicine with 321 inpatient beds. Anchored by Northwest Eye Surgeons and Providence Health and joined by additional complementary regional medical groups, the asset offers a synergistic tenancy mix with strong cross referral opportunities.
Offering a strong network of healthcare providers and a diverse employment base, Anchor intends to continue to grow its operating presence and footprint in the area while supporting high-quality healthcare services to the community.
The only off-campus medical office building to be constructed in the Renton submarket during the past fifteen years, IDC Medical Plaza offers the main criteria consistent with Anchor’s investment thesis, including high visibility, stable regional tenancy, excellent patient accessibility, and physician and patient convenience. As very few medical transactions trade in the Seattle MSA each year, the acquisition is a testament to the creativity and perseverance of Anchor’s investment platform and the strength of the team’s institutional capital capabilities. The team worked diligently alongside current ownership and other key stakeholders to facilitate a successful closing in this high barrier to entry market.
With 35 years serving healthcare clients, Anchor collaborates with health systems, institutional equity sources and physician sponsors to achieve their financial and strategic objectives while building a long-term partnership. With our robust capacity to provide tailored equity solutions for each investment coupled with our consistency in execution, we believe in a forward-thinking philosophy of value analysis and strive to implement specific real estate strategies ensuring a best-in-class patient and visitor experience.
Renton, WA
60,000 Square Feet
Medical Office Building
2021
View Property Photos +
One of the initial investments from Anchor’s newly formed Acquisitions platform, led by Chief Investment Officer and Managing Partner, James Schmid, Cross Street Medical Center offered the opportunity to significantly expand the Company’s presence in the greater New England region and build upon our existing portfolio in this demographic-driven sector.
With more than 100 physicians practicing in the building, the acquisition provided entry into this target market despite the City of Norwalk’s restriction on the development of new medical office buildings in the City’s hospital district. Featuring tenancy of some of the most well-established clinical medical practices in the area, investment in the facility allowed for the opportunity to acquire a best-in-class healthcare asset while supporting our tenants’ delivery of high-quality healthcare services through efficient operations and a clean and safe work environment.
Cross Street Medical Center established a satellite location for Anchor’s growing investment and management teams to have local, “boots on the ground” expertise and resources to best serve our clients and their patients. Building relationships with regional health systems, our investments team collaborate alongside health system and physician tenants to achieve their healthcare real estate and medical space goals and objectives.
Offering a sophisticated level of expertise and experience required to meet the demands of managing healthcare facilities at all stages of the real estate life cycle, our hands-on management professionals continue to drive value to Cross Street Medical Center ensuring the facility is maintained to promote health and safety, elevate efficiency, and deliver a high quality experience to patients and tenants.
Norwalk, CT
71,000 Square Feet
Medical Office Building
2017
View Property Photos +Effectively creating an outpatient campus serving a patient base across the broader Carolinas, Anchor acquired two adjacent medical office buildings in the master planned community of Verdae. Serving as a regional hub for multi-specialty clinical services as well as an extension of nearby hospital facilities, the investment in the two assets formed a robust, long-term relationship with Prisma Health and Internal Medicine Associates, two market-leading health providers.
Collaborating with Prisma Health and Internal Medicine Associates to achieve their strategic business and healthcare real estate goals, Anchor is able to support their operations and continued growth through additional medical office expansion opportunities as well as a clean, welcoming work environment and positive patient experience.
Successfully completing two strategic transactions with Prisma Health and Internal Medicine Associates, the continued relationship is indicative of Anchor’s investment platform’s combined ability to identify significant institutional opportunities and to bring value through creative capital solutions.
Supportive of developing long-term relationships with leading non-profit health systems and physician tenancy, such as Prisma Health and Internal Medicine Associates, Anchor continues to work with hospitals and physician groups who are looking for a partner with capital strength and real estate expertise to help guide them through the closing process and successfully implement on-going operations.
Greenville, SC
140,600 Square Feet
Medical Office Building
2018 & 2020
View Property Photos +
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 or submit the form below to discuss your healthcare facility needs. We look forward to hearing from you.
Mailing Address:
425 Seventh Street NE
Charlottesville, VA 22902
contact@anchorhealthproperties.com