News Release: Anchor Health Properties Breaks Ground on Build-to-Suit Specialty ENT Center in Knoxville, Tennessee

FOR IMMEDIATE RELEASE

December 16, 2021

(Nashville, TN) Serving as the fee for service developer on behalf of Greater Knoxville Ear Nose & Throat, Anchor Health Properties (Anchor), a national, full service healthcare real estate development, management, and investment company focused exclusively on healthcare facilities, recently broke ground on a new 13,267 square foot specialty care center in Powell, Tennessee. The new facility provides additional space for the region’s premier otolaryngology physician group to grow its patient base and better serve the surrounding community.

Strategically located adjacent to the North Knoxville Medical Center campus, the new ground up facility features high visibility and will benefit from cross referral opportunities with the neighboring, complementary healthcare services.

In collaboration with Design Innovation Architects, Anchor’s development team, led by Jon Nelson, Senior Vice President and Director of Operations and Joe Hackney, Senior Development Director, held a highly interactive design process with key leadership from the physician group to ensure an efficient workflow for staff and intuitive wayfinding for patients and visitors.

“We’re pleased to be able to grow our relationship with the physicians at Greater Knoxville Ear Nose & Throat and help them bring a world-class specialty ENT care center to the area,” stated Joe Hackney, Senior Development Director with Anchor. “As Anchor continues to grow its “boots on the ground” presence in Tennessee, we are looking forward to working with the full project team on this expansion and being a larger part of the medical hub of activity in Knoxville.”

Featuring a modern exterior façade and multiple specialties under one roof, including Ear Nose & Throat, Audiology, and Allergy services, the project team developed color-coded pods for each specialty to provide noticeable guides throughout the facility.

From project commencement, Anchor has worked closely with the general contractor, Jenkins & Stiles, and civil engineer, Land Development Solutions, to successfully navigate material cost escalations and supply chain concerns through early on structural changes to proactively adjust to market conditions. Through this process, the project team anticipates an on-time completion in Q3 2022.

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 more than seven million square feet of medical office space, inclusive of numerous projects under construction. Anchor maintains multiple offices nationwide and features more than 100 professionals in its ranks. Over the past five years, Anchor principals have acquired and/or developed more than $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.

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Contact: Rachael Hall, Anchor Health Properties
rhall@anchorhealthproperties.com; 434-293-8004

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