Anchor Health Properties closed on an off-market transaction involving a three story, 40,000 square foot Class A medical office building and adjacent pad ready land site slated for a subsequent Phase II MOB development. Located at 595 Hurricane Shoals Road NW in the Lawrenceville submarket of Atlanta, GA, the properties are positioned in the medical cluster surrounding Northside Hospital Gwinnett, a regional hospital featuring 353 acute care beds.

The existing 100% leased MOB is anchored by Northside Health and Fresenius Medical Care, the largest provider of renal care products and services nationwide. Other key tenants include Georgia Nephrology, Palmetto Infusion, Amedisys Home Health, and Gwinnett Pediatrics. Planned renovations at this facility include mechanical upgrades and replacements, common area improvements, and exterior landscaping.

The off-market transaction also includes a planned second phase development of a three story, 40,000 square foot medical office building on the adjacent outparcel. Women's Group of Gwinnett has executed a forward commitment to lease 16,000 square feet of space as the Phase II project's anchor tenant. Groundbreaking for this facility is slated for Q4 2023.