Seavest and developer collaborate to develop a 72,000 square foot MOB at new Penn Medicine Chester County Hospital healthcare destination in Jennersville, Pa.
WHITE PLAINS, N.Y., and JENNERSVILLE, Pa., May 29, 2014 – White Plains-based Seavest Healthcare Properties LLC in partnership with Anchor Health Properties has started construction of the new Jennersville Medical Office Building (MOB) at the Penn Medicine Southern Chester County healthcare destination, in the rapidly growing Jennersville, Pa. market, a suburb of Philadelphia. The two-story, 72,000 square foot MOB is being built on an easily assessable site, located at the northeast corner of Route 1 and Route 796. The steel-framed, brick and metal clad ambulatory care facility will feature primary and specialty care physician offices, diagnostic imaging, physical therapy, and laboratory services. Construction is scheduled for about 12 months.
“With the Medical Office Building at Penn Medicine Southern Chester County, Seavest continues to invest in significant healthcare facilities aligned with successful health systems in high-quality, efficient and patient-centered environments,” says Jonathan L. Winer, Senior Managing Director of Seavest Healthcare Properties. “This facility reinforces Penn Medicine Chester County Hospital’s brand and offers a convenient location for those living in the western part of the hospital’s market.”
Penn Medicine Chester County Hospital is a University of Pennsylvania Health System hospital. The new MOB is tenanted by the Penn Medicine Chester County Hospital and affiliated physicians.
“With the population growth this area has experienced in recent years, the need for patient services has also increased,” Mr. Winer says. “The new facility accommodates space for physicians, provides accessibility, visibility and the opportunity for future expansion. We anticipate a successful integration and expansion of Penn Medicine Chester County Hospital’s ambulatory service lines within the new Jennersville Medical Office Building at Penn Medicine Southern Chester County.”
A limited amount of space is available in the Jennersville Ambulatory Care Center. Affiliated healthcare professionals who are interested in learning more are invited to contact Katie Jacoby at (302) 655-1010 or kjacoby@anchorhealthproperties.com.
About Penn Medicine Chester County Hospital
Penn Medicine Chester County Hospital, a University of Pennsylvania Health System hospital, is an organization dedicated to the health and well-being of the people in Chester County and surrounding areas. The hospital includes a 220-bed complex in West Chester and satellite locations in Exton, Lionville, West Goshen, New Garden, Jennersville and Kennett Square. Chartered in 1892 as a 10-bed dispensary, the Hospital has been serving Chester County and its surrounding communities for 120 years. In an ongoing effort to provide the most progressive services available, the Hospital has created unique partnerships with clinical leaders including the Cleveland Clinic for heart surgery, the University of Pennsylvania for cancer, radiation oncology and radiology, and The Children’s Hospital of Philadelphia (CHOP) for pediatrics and neonatal care.
About Anchor Healthcare Properties
Anchor Health Properties is a national, full-service development company focused exclusively on the development of medical facilities. Founded in 1985 as a developer of innovative retail centers, Anchor’s strategic approach to navigating extremely competitive healthcare markets evolved from the company’s days in retail development. The company has responded 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.
About Seavest Healthcare Properties LLC
Seavest Healthcare Properties LLC is a real estate investment management firm focused on joint venturing with established developers to build new properties, directly acquiring existing properties, and asset managing medical office buildings, outpatient facilities and similar healthcare real estate assets. A pioneer in this sector, Seavest made its first healthcare real estate investment in the mid-1980s. Today, the firm has a significant portfolio of medical office and outpatient properties which are controlled through dedicated healthcare real estate investment funds. For more information, please visit www.SeavestHCP.com or call (914) 683-8474.
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