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Anchor Health Acquires Columbus-Area MOB in Off-Market Deal
Anchor Health Properties recently closed on a two-story, 38,327-square-foot Class A medical office building in Grove City, OH, a suburb of Columbus. Terms weren’t disclosed. The off-market transaction was acquired through Anchor’s discretionary equity fund, Chestnut Healthcare Fund II, co-managed with Chestnut Funds.
Originally constructed by Trivium Development LLC in 2019, the building is anchored by the Grove City VA Clinic. Additional tenancy includes The James – Ohio State University Comprehensive Cancer Center, Fresenius Kidney Care, Central Ohio Urology Group and Columbus Nephrology.
“With the increasing interest in medical office facilities in today’s market climate, we were attracted to the strong fundamentals of this stabilized asset as well as the high-growth demographics of the surrounding MSA,” said James Schmid, CIO and managing partner with Anchor.
Engle Real Estate provided sales advisory services to the seller, Trivium Development LLC. First Citizens Bank and CIT provided debt financing services.
- ◦Sale/Acquisition