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Anchor Solidifies Position with Pair of Off-Market MOB Deals

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Charlottesville, VA-based Anchor Health Properties acquired two medical office properties in San Diego for an undisclosed amount. The additions qualify Anchor as the largest non-health system owner of medical office buildings in the San Diego metro area.

Anchor acquired Chancellor Park Medical Campus, located off I-5 and I-805, in San Diego’s UTC submarket. The 206,000-square-foot, two-building investment resides adjacent to the UCSD Jacobs Medical Center Hospital and Scripps Memorial Hospital La Jolla campuses.

The 95%-occupied buildings are anchored by UCSD Healthcare, which currently leases roughly 50% of the buildings. The buildings form the largest outpatient medical campus in UTC, and one of the larger outpatient medical campuses in Southern California.

Anchor also acquired 625 West Citracado Parkway, located off I-15 between the Escondido and Rancho Bernardo submarkets of San Diego. The 49,000-square-foot, fully occupied clinical outpatient project is anchored by Rady Children’s Hospital.

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About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

  • ◦Sale/Acquisition