Actively growing its owned and managed portfolio in the Western U.S., Anchor closed on the off-market acquisition of a multi-story 41,680-square-foot medical office building located in the Poulsbo submarket of Seattle. The multi-tenant MOB was acquired through a joint venture between Anchor’s co-managed equity fund, Chestnut Healthcare Fund II, and funds managed by global investment firm Carlyle.

The Peninsula Medical Building, offering a strategic downtown location at 19917 Seventh Ave. Northeast, was originally constructed for the US Navy in 1994 but has been updated along the way. Those updates include interior common area renovations, new HVAC system, new roof and elevator updates.

The 100 percent leased facility is occupied by a multi-specialty tenant ecosystem fostering strong cross-referrals within the building. Services at this location include oncology, radiology, primary care, behavioral health, pharmacy, dermatology, pulmonology and sleep medicine.

The asset is anchored by Seattle Cancer Care Alliance.