Anchor Health Properties has moved its former corporate headquarters from Wilmington to downtown Media, PA. The company owns healthcare-related buildings.
The office on Grant Avenue functioned as the company headquarters prior to the merger with Brinkman Management & Development in 2016. It had been serving as a regional headquarters.
Anchor owns the new Media location that is listed on the National Register of Historic Places and was built in 1850.
Most recently, the building has served as a multi-tenant office space that was home to numerous Media based law firms.
A portion of the building will be subleased.
“We are delighted with the new office space for our Philadelphia area team,” said James Schmid, chief investment officer and co-managing principal. “Our Media, PA space provides a convenient and centralized area location that benefits our employees as well as our existing and future clients. We were able to lean on Anchor’s in-house development expertise as well as our local relationships to bring a 21st century renovation to the Hillhurst building. Having grown up very near the building, I am thrilled for the opportunity to invest in my hometown and becoming a staple in the local community. We are looking forward to getting to know our neighbors.”
Anchor Health Properties has developed more than 3 million square feet of healthcare property, including outpatient centers, health and wellness centers, outpatient rehabilitation centers, replacement hospitals, ambulatory care centers, medical office buildings, and cancer care centers.
Anchoralso manages more than five million square feet of medical space and has invested in more than five million square feet of medical office buildings.