Tampa REIT buys Texas medical centers for $16M

Sila Realty Trust, a Tampa health care REIT, has bought a two-property property portfolio in a Dallas-Fort Worth suburb for $16.15 million.

The purchases are for a gastroenterology center and an ambulatory surgery center with an overlapping physician group and patient population, the company says in a note to investors.

The outpatient facilities are in Southlake, Texas. The company did not disclose the size of the two centers nor the individual sale prices.

Sila, in the note, says the gastroenterology center is leased to GI Alliance, the largest gastroenterology group in the country and a subsidiary of Cardinal Health.

The surgical center is leased to a joint venture between Baylor Scott & White Health and United Surgical Partners International and a group of physicians.

Sila is a “pure play” net lease health care REIT with 136 real estate properties and two undeveloped land parcels located in 66 markets across the U.S. According to its first quarter earnings report released in May, it has $2.01 billion in total assets.

It’s second quarter financial results will be announced Aug. 6, after the close of trading on the New York Stock Exchange.