Demonstrating the company’s institutional level capabilities to deliver tailored, innovative financial solutions, Anchor Health Properties (Anchor), a national, full service healthcare real estate development, management, and investment company focused exclusively on medical facilities, recently closed on a four story, 96,357 square foot, Class A medical office building in the Atlanta submarket of Johns Creek. The asset at 11315 Johns Creek Parkway was acquired in an off market execution via a joint venture with Chestnut Healthcare Fund II, an equity fund Anchor co-manages with Chestnut Funds and funds managed by global investment firm Carlyle (NASDAQ: CG). This unique transaction brings Anchor’s owned and managed portfolio to nearly 1 million square feet of outpatient medical office buildings across the state of Georgia.

Located less than one mile from Emory Johns Creek Hospital, the building was acquired in 2019 by a group of six prominent physician practices with the goal of consolidating several locations into the Johns Creek submarket. The practices are highly successful and include the likes of Heart & Vascular Care, United Digestive, Pandya Medical Center, Luna Plastic Surgery, and Milan Eye Center. While the owner occupants made meaningful progress toward a medical conversion, the group was ready for the next generation of ownership to finish the conversion and bring the asset to full clinical medical tenancy. Given Anchor’s relationship with the physicians in multiple other locations throughout Atlanta, under advisement by Michael Lipton and Josh Gregory with Colliers, Anchor was selected as the buyer and go forward real estate partner, tasked with bringing a competitive capital ownership solution and additional medical tenancy to the building. To do so, Anchor teamed up with Transwestern’s Atlanta based healthcare leasing led by Steve Hall, John Lopez, and Bo Stuart.

“Partnering with the team at Anchor Health Properties strengthens our ability to deliver advanced patient-centric care by raising the standards of our facility and integrating complementary healthcare services under one roof,” noted Scott Beach, MD. FACC with Heart and Vascular Care. “Supported by Anchor’s financial and operation expertise, we are looking forward to the significant value our facility will bring to the local community through superior patient experience and provider satisfaction.”