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News Release: Anchor Health Properties Achieves Certificate of Occupancy for the 85,000 Square Foot Nemours Sussex Medial Office Building

FOR IMMEDIATE RELEASE

November 18, 2019

(Media, PA) In partnership with Bayhealth, Anchor Health Properties (Anchor) is pleased to announce it has received a Certificate of Occupancy for the Nemours Sussex Medical Office Building located on the 169-acre Bayhealth Sussex Campus in Milford, Delaware. The three-story, 85,000 square foot facility will provide comprehensive, high-quality pediatric and adult specialty healthcare services to the local community that complement the existing medical campus.

Katie Jacoby, Executive Vice President of Strategy and Development with Anchor Health Properties, shared, “We’re honored to partner with Bayhealth in the development of this prominent on-campus MOB. The new project will allow Nemours and Bayhealth to build on their outstanding reputations in the area, and the strategic location will serve the community well by increasing accessibility and convenience. It has been a pleasure working with the entire team on this project.”

The building is 100% leased to Nemours duPont Pediatrics, Nemours SeniorCare and Bayhealth Medical Center, all of whom are slated to open their doors to patients in late 2020. Proposed specialty care services within the Nemours space, include allergy, audiology, behavioral health, cardiology, endocrinology, gastroenterology, general surgery, neurology, orthopedics, otolaryngology (ENT), pulmonology, urology, weight management and physical and speech therapy. Diagnostic services and primary care will also be available. Bayhealth specialty care services including urology, ENT, women’s care, dermatology, maternal fetal medicine, wound care, bariatrics, primary care, and endocrinology comprise the upper two floors. As an amenity in the project, local operator, Kaisy’s Delights®! Café will offer desserts, savory snacks and lite fare beginning in December 2019.

The project team is structured as a design-build between Target Building Construction and Stantec Architecture, with Becker Morgan serving as the civil engineer and Barton Associates serving as the MEP engineer for this project. M&T Bank has provided construction financing. Anchor Health Properties will also provide property management services for this project, adding to its more than five million square feet management portfolio.

About Anchor Health Properties

Anchor Health Properties is a national, full-service healthcare real estate development, management, leasing, and investment serving investors and health systems. Anchor takes a strategic approach to navigating the extremely competitive healthcare marketplace, considering multiple angles, such as retail drivers, customer experience, branding and efficiency of the project. We develop and manage projects across the United States that respond to the new landscape of employed physicians, team-based care, the need to optimize assets and reduce duplication, and the integration of care and technology. Anchor manages and leases nearly five million square feet of medical office space, inclusive of numerous projects under construction. Anchor maintains twelve offices nationally and features more than 60 professionals in its ranks. Over the past five years, Anchor principals have acquired and/or developed over $3 billion of medical real estate across the country. Healthcare today calls not only for new and more efficient ways of delivering outpatient services, but also a different kind of healthcare development and management company. For more information, please visit: www.anchorhealthproperties.com.

About Bayhealth

Bayhealth’s mission is to strengthen the health of our community, one life at a time. As central and southern Delaware’s largest healthcare system, Bayhealth is comprised of Bayhealth Hospital, Kent Campus and Bayhealth Hospital, Sussex Campus, the freestanding Emergency Department in Smyrna as well as numerous satellite facilities and employed physician practices encompassing a variety of specialties. Bayhealth is a technologically advanced not-for-profit healthcare system with more than 3,700 employees and a medical staff of more than 400 physicians. Bayhealth is an affiliate of Penn Medicine for Heart and Vascular, Cancer and Orthopaedics. About Nemours Children’s Health System Nemours is an internationally recognized children’s health system that owns and operates the Nemours/Alfred I. duPont Hospital for Children in Wilmington, Del., and Nemours Children’s Hospital in Orlando, Fla., along with outpatient facilities in five states, delivering pediatric primary, specialty and urgent care. Nemours also powers the world’s most-visited website for information on the health of children and teens, KidsHealth.org and offers on-demand, online video patient visits through Nemours CareConnect. Established as The Nemours Foundation through the legacy and philanthropy of Alfred I. duPont, Nemours provides pediatric clinical care, research, education, advocacy, and prevention programs to families in the communities it serves.

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Contact: Rachael Hall, Anchor Health Properties rhall@anchorhealthproperties.com; 302-655-1010

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