Wednesday, November 7, 2018

Anchor Health Properties Pays $17M for Suburban Philadelphia Medical Office Buildings

Charlottesville, Virginia-based Anchor Health Properties purchased two medical office buildings at Wellness Center totaling 68,737 square feet in Hazertown, Pennsylvania, from New-York-based DWS. Crozer-Keystone Medical Office and Surgery Center sold for $17 million, or about $247 per square foot.

The Class B buildings at 2010 and 2050 West Chester Pike span nearly four acres less than eight miles from University of Pennsylvania. The three- and four-story structures are 93 percent leased and anchored by Crozer-Keystone Health System.

Anchor Health Properties has nearly 4 million square feet of space under management, more than 800,000 square feet in development and 12 offices in the U.S., according to its website.

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