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News Release: Anchor Health Properties and WakeMed Health & Hospitals Partner to Expand Access through New Health Facilities


January 20, 2020

(Charlottesville, VA) Furthering the goal of delivering highly-coordinated, patient-centric healthcare throughout Wake County, WakeMed Health & Hospitals (WakeMed), a nationally recognized, private, not-for-profit healthcare organization has elected to partner with Anchor Health Properties (Anchor), a national full-service healthcare real estate development, management, and investment company focused exclusively on medical facilities, on a long-term development and expansion initiative.

Through the addition of strategically located facilities in and around Wake County, North Carolina, Anchor and WakeMed are focused on improving the health and well-being of the community by providing convenient, easily accessible, outstanding, compassionate care in environments that are patient- and family-centered.

As the region’s cornerstone healthcare provider, WakeMed engaged the real estate advisory services of Foundry Commercial – a full-service real estate services and investment company – to conduct a national search and identify a development partner for this project. Foundry’s Healthcare Services platform offers a combination of in-depth sector knowledge, long-standing relationships with premier health system providers as well as some of the most well-known names in real estate ownership. “Anchor offered creative solutions tailored for WakeMed and was ultimately selected as the development manager for the anticipated development and expansion projects,” said Kevin Maddron, Healthcare Principal for Foundry Commercial.

“WakeMed is pleased to partner with Anchor Health Properties on this endeavor,” said Thomas Cavender, PE, Vice President of Facilities & Construction for WakeMed. “Their creativity in delivering an array of capital solutions tailored to accomplishing our short- and long-term objectives along with their breadth of demonstrated success in developing innovative healthcare facilities make Anchor a natural partner to develop and manage these projects for WakeMed. We look forward to working side by side with Anchor in pursuit of furthering our mission – providing convenient and accessible services centered on the patient’s needs.”

Building on WakeMed’s existing footprint, this expansion initiative marks the continued growth of the health system’s network of providers, clinical specialties, and convenient locations that will benefit patients and families for years to come.

“We are excited to partner with WakeMed to help further their mission of providing outstanding and compassionate care to all who seek quality healthcare services,” said Ben Ochs, Chief Executive Officer with Anchor Health Properties. “We admire their nimbleness in an era of rapid change and are thrilled to support their efforts to deliver a superior experience to their patients through the development of best in class real estate facilities.”

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 roughly six million square feet of medical office space, inclusive of numerous projects under construction. Anchor maintains ten 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 WakeMed Health & Hospitals

Serving the community since 1961, WakeMed is a nationally recognized, private, not-for-profit health system founded and based in Raleigh, N.C. The largest health system in Wake County, WakeMed exists to improve the health and well-being of our community by providing outstanding, compassionate, patient- and family-centered care to all. The 941-bed system comprises a network of facilities throughout the Triangle area, including three full-service hospitals, all delivering health and wellness care and innovative services that bring added value to the communities we serve. WakeMed is a leader in heart and vascular care, women’s and children’s services, emergency medicine and trauma care, physical rehabilitation, orthopaedics and neurosciences. Specialty facilities include the WakeMed Heart Center, a dedicated Children’s Hospital and Children’s Emergency Department, Women’s Pavilion and Birthplace, Women’s Hospital at WakeMed North, WakeMed Rehabilitation Hospital and Wake County’s only Level I Trauma Center. WakeMed’s team of more than 9,700 employees, 1,500 volunteers, 1,300 affiliated physicians and 525 employed physicians and providers represent the best minds and the biggest hearts to ensure the finest quality in health care and community health. For more information, visit www.wakemed.org or follow WakeMed on Facebook, Twitter and Instagram.

About Foundry Commercial

Foundry Commercial is a full-service real estate services and investment company with over 330 employees and more than 50 million square feet of management and leasing across the Southeast and Texas. Since 2007, Foundry has provided leasing, brokerage, building management, corporate services and project management services, and is the largest real estate service provider to religious and not-for-profit organizations in the country. Foundry also includes a development and investment platform that is fully integrated into its services business, leveraging its local market expertise to control more than one billion in advantaged investment opportunities with their JV partners. For more information, visit www.foundrycommercial.com.


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

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