M id A tlantic Real Estate Journal — DelMarVa — April 2026 — 17
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The project revitalizes an existing on-campus outpatient facility Anchor Health Properties celebrates completion of Bayhealth Heart & Vascular Institute at Kent Campus D
experience. It’s a meaningful investment in both the campus and the community it serves.” Bayhealth Heart & Vas- cular Institute opened its doors to patients on March 24, 2026. The project team also included regionally based firms with a proven track re - cord of successfully delivering dynamic healthcare facilities together, including Becker Morgan Group , who pro- vided architecture and civil engineering services, and Wohlsen Construction , who served as the general contractor. MAREJ
OVER, DE — In sup- port of the company’s commitment to pur- sue better healthcare through real estate solutions, Anchor Health Properties (Anchor) , a national, full-service health- care real estate development, management, and investment company focused exclusively on medical outpatient buildings and specialty healthcare facili- ties, proudly marked the proj- ect completion of the dynamic Bayhealth Heart & Vascular Institute, located on the Kent Campus at 560 S. Governors Avenue, Dover. Serving as developer in a fee- for-service capacity and owner’s representative for Bayhealth, the largest health system in central and southern Dela- ware, Anchor led the design and construction of the 17,940 s/f renovation. Working closely with key stakeholders, Anchor provided comprehensive over- sight throughout the process ensuring the project aligned with Bayhealth’s operational goals, budget parameters, and long-term campus strategy. The project revitalizes a for- mer building vacated after the opening of Bayhealth at Blue Hen, also redeveloped by Anchor, and repositions space on Bayhealth’s Kent Campus to support the growth and uni- fication of its cardiovascular services. Fully outpatient, the facility features exam rooms, a cardiac diagnostic center with two nuclear medicine cameras, three echocardiogram rooms, three vascular rooms, and two stress labs. Bringing these ser- vices together under a single, cohesive institute simplifies patient navigation, reduces confusion, and creates a clear, consistent identity across all cardiovascular practices. “Our long-standing partner- ship with Bayhealth has always been rooted in a shared commit- ment to patient-centric care,” shared Mattew Pirolli , VP De- velopment with Anchor. “With the Heart & Vascular Institute, that alignment was especially clear. Renovating this facility to unify and enhance Bayhealth’s cardiovascular services allowed us to deliver a space that truly supports their mission - pro- viding exceptional care while creating a seamless experience for patients.” “Bayhealth has made a long- term commitment to advancing cardiovascular care in central and southern Delaware, and
Bayhealth Heart & Vascular Institute, located on the Kent Campus at 560 S. Governors Avenue, Dover.
we are honored to help bring that vision to life,” added Jus- tin Istenes , senior director of Anchor Health Properties.
Construction with Anchor. “By transforming this exist- ing on-campus outpatient facility, we’ve created a wel-
coming healing environment that supports collabora- tion among clinicians and enhances the overall care
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