Anchor Health Properties announced its acquisition of a 19,916-square-foot medical office building (MOB) in Clackamas, Oregon, through its Chestnut Healthcare Fund II, a discretionary equity investment vehicle co-managed with Chestnut Funds.
Synovus Bank provided debt financing for the asset that was sold by Providence Health. Terms of the deal were not disclosed.
Completed in 2009, the building is part of a two-building campus totaling 55,000 square feet. The fully leased building is anchored by Clackamas Radiation Oncology Center, a joint venture between Providence Health and The Oregon Clinic division of Radiation Oncology. The tenant roster also includes the Cancer Institute & Breast Surgery Clinic and Mt. Scott ENT & Sleep Medicine.
Established in 1985, Anchor Health Properties is a national, full-service healthcare real estate development, management and investment company focused exclusively on healthcare facilities. Anchor has more than $1.5 billion of completed development projects, 9 million square feet under management and nearly $3 billion invested in healthcare facilities.
According to data captured from the LevinPro HC database, this represents the 207th MOB deal of 2022. This also marks Anchor’s 15th MOB acquisition of the year.
