Crozer-Keystone at Broomall, a 57,320-SF, Class A cancer center and multi-specialty outpatient facility in the Philadelphia-area community of Broomall, PA |
PHILADELPHIA, PA –– Holliday
Fenoglio Fowler, L.P. (HFF) announced that it has closed the sale of
Crozer-Keystone at Broomall, a 57,320-square-foot, Class A cancer center and
multi-specialty outpatient facility in the Philadelphia-area community of
Broomall, Pennsylvania.
Ben Appel |
HFF marketed the property on
behalf of the seller, Capital Solutions. Anchor Health Properties
purchased the asset free and clear of existing debt.
Crozer-Keystone at Broomall is
located at 30 Lawrence Road in the dense infill Route 3 corridor of northern
Delaware County. Positioned just six miles outside of Philadelphia, the
medical office building draws from eight hospitals and more than 330,000
residents within a five-mile radius.
Crozer-Keystone Health System, which is the dominant health
system in Delaware and Chester counties with 63% market share, leases the
entire facility on an absolute triple net master-leased basis.
Evan Kovac |
The HFF investment advisory
team representing the seller was led by members of HFF’s healthcare capital
markets team, including director Ben Appel, managing director Evan
Kovac and associate Andrew Milne as well as senior managing director
Doug Rodio.
About
Capital Solutions
Capital Solutions is a real estate investment and private equity firm founded by Frank Seidman in 1991.
The Capital Solutions investment
team consists of experienced professionals with strong backgrounds in real
estate acquisitions, dispositions, finance, equity funding, redevelopment,
asset management, structured finance and capital markets.
Capital Solutions invests
alongside quality operating partner across the U.S. and Canada with a focus on
medical office, multifamily, student housing, senior living, and net lease
opportunity within its real estate portfolio.
About Anchor Health Properties
Anchor Health Properties
(“Anchor”) is a national, full-service healthcare real estate development,
management and acquisitions company focused exclusively on medical
facilities.
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.
The company develops
and manages 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.
Doug Rodio |
CONTACTS:
BEN APPEL
PA Lic. #RS312185
HFF Director
(212) 872-9903
EVAN KOVAC
HFF Managing Director
(206) 576-0050
KRISTEN MURPHY
HFF Director, Public Relations
(617) 848-1572
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