Anchor Well being Expands Portfolio With Portland Purchase – Industrial Property Govt

9280 SE Sunnybrook Blvd. Picture courtesy of Anchor Well being Properties

Anchor Well being Properties has acquired a 19,916-square-foot medical workplace constructing in Clackamas, Ore., by its Chestnut Healthcare Fund II, a discretionary fairness funding car co-managed with Chestnut Funds. Synovus Financial institution supplied debt financing for the asset that was offered by Windfall Well being.

Accomplished in 2009, the property is a part of a two-building campus totaling 55,000 sq. toes, every facility being individually managed, in accordance with CommercialEdge information.

The totally leased constructing is anchored by Clackamas Radiation Oncology Heart, a three way partnership between Windfall Well being and The Oregon Clinic division of Radiation Oncology. The health-care supplier encompasses a linear particle accelerator used for precision remedy of cancerous tumors. The tenant roster additionally consists of the Most cancers Institute & Breast Surgical procedure Clinic and Mt. Scott ENT & Sleep Drugs.

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Positioned at 9280 SE Sunnybrook Blvd., the property is 11 miles from downtown Portland, Ore., getting access to Interstate 205. Different medical amenities within the surrounding space embrace Windfall Milwaukie Hospital, Windfall Willamette Falls Medical Heart and Kaiser Permanente Sunnyside Medical Heart.

Newmark Govt Managing Director Garth Hogan, along with Colliers Govt Vice President Mark Schuessler, represented the vendor. Vice President of Funding Elliott Sellers and Funding Affiliate Robert Rumer led the acquisition course of for Anchor Well being Properties.

Increasing portfolio by fund acquisitions

By means of its Chestnut Healthcare Fund II, Anchor Well being has made a number of medical workplace acquisitions prior to now few months, particularly in October. The agency bought a 96,357-square-foot constructing partially repurposed for medical workplace use in metro Atlanta and a 47,350-square-foot asset in Braintree, Mass.

Additionally in October, the corporate expanded its Miami footprint with the acquisition of a 31,886-square-foot facility in Delray Seashore, Fla. The property is 6 miles from Boca Raton, Fla., simply east of South Navy Path.

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