Anchor Health Properties Completes Off Market Acquisition of Nearly 100,000 Square Foot On-Campus MOB in Greater Atlanta MSA

Staff Report

Friday, July 15th, 2022

Expanding further the company’s existing 16 asset, 700,000 square foot owned and managed portfolio across Georgia, Anchor Health Properties (Anchor), a national, full service healthcare real estate development, management, and investment company focused exclusively on healthcare facilities, recently closed on a three story, 90,379 square foot outpatient medical office building in the high growth Marietta submarket of Atlanta. The asset was acquired via a joint venture between Anchor’s co-managed equity fund, Chestnut Healthcare Fund II, and funds managed by global investment firm Carlyle.

Strategically positioned on the Wellstar Windy Hill Hospital campus, which features 55 inpatient LTACH beds, the facility at 2550 Windy Hill Road SE is anchored by two best in class ambulatory surgery centers (“ASC”) and is directly connected to the main inpatient facility through a breezeway. The three operating room ASC is co-sponsored by Resurgens Orthopedics, the largest orthopedic practice in Georgia; Wellstar Health (Moody’s A2), one of the major health systems in Atlanta with strong market share in the northwest corridor; and, United Surgical Partners International (Fitch B), the largest ambulatory network operator in the United States.