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Tampa health care REIT pays $86M for Texas, Arizona portfolio


  • By Louis Llovio
  • | 9:45 a.m. March 22, 2024
  • | 0 Free Articles Remaining!
  • Tampa Bay-Lakeland
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One day after disclosing a new $250 million financing agreement, Sila Realty Trust announced Friday it had bought a five-building hospital portfolio for $85.5 million.

The Tampa REIT says the portfolio includes properties in Texas and Arizona totaling 158,000 square feet on 17.5 acres.

According to a note to investors, the package is made up of four “built-to-suit micro-hospitals” and one freestanding emergency room. Each of the hospitals is licensed for eight inpatient beds and has a 13-bed emergency department, operating room, laboratory, diagnostic imaging suite and pharmacy.

 


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Louis Llovio

Louis Llovio is the deputy managing editor at the Business Observer. Before going to work at the Observer, the longtime business writer worked at the Richmond Times-Dispatch, Maryland Daily Record and for the Baltimore Sun Media Group. He lives in Tampa.

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