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Anchor Health Properties Acquires Lawrenceville Off-Market MOB, Announces Phase II
Anchor Health Properties has closed on an off-market three story, 40,000-square-foot Class A medical office building and adjacent land site. Phase II is scheduled to break ground in the fourth quarter of 2023.
The properties are located at 595 Hurricane Shoals Road NW in the Lawrenceville submarket of Atlanta. The existing building is fully leased, anchored by Northside Health and Fresenius Medical Care. Women’s Group of Gwinnett will lease 16,000 square feet as the anchor tenant for Phase II.
Michael Lipton and Josh Gregory, Executive Vice Presidents and Principals with Colliers Atlanta, represented Anchor on the purchase and represented Women’s Group of Georgia as the lead Phase II tenant. Brandon Wallace, Senior Vice President with Meadows & Ohly, represented the Seller. Wintrust Bank provided debt financing services.
Anchor Health Properties will provide property management services. Steve Hall, John Lopez, and Bo Stuart with Transwestern will provide leasing services.