
Anchor Health Properties Expands Presence in Metro Atlanta with Strategic Investment
Anchor Health Properties acquired an 18,500-square-foot Class A medical office building located in the Lawrenceville submarket of Atlanta. The asset was directly acquired by the firm’s co-managed healthcare fund, Chestnut Healthcare Fund I.
Located at 766 Walther Rd. NW, the 100%-occupied property is strategically located adjacent to the Northside Health-sponsored Gwinnett Hospital campus and additional critical healthcare services, which creates a synergistic network for the best-in-class tenancy of the facility. The asset is 100% occupied by long-term, multi-specialty and multi-location tenants, including Northeast Atlanta Ear, Nose & Throat, and Eastside Heart and Vascular, an HCA Healthcare affiliated practice.
Anchor’s Ben Ochs says, “This acquisition aligns with our strategy to build a portfolio focusing on core investments in the region.”
Transwestern led the sale efforts for the asset. Synovus Bank provided secured debt financing for the acquisition.
For comments, questions or concerns, please contact Dennis Kaiser