Home Alts News Sila Realty Trust Buys Oklahoma Medical Office Building

Sila Realty Trust Buys Oklahoma Medical Office Building

Sila Realty Trust Inc., a publicly registered, non-traded real estate investment trust formerly known as Carter Validus Mission Critical REIT II, has purchased a medical office building located near Oklahoma City, Oklahoma.

Sila Realty Trust Inc., a publicly registered, non-traded real estate investment trust formerly known as Carter Validus Mission Critical REIT II, has purchased a medical office building located near Oklahoma City, Oklahoma for $19.4 million, excluding acquisition costs.

The newly constructed facility is 100 percent master leased to “a well-established primary care group in the state of Oklahoma,” the company said.

“We are pleased to announce the closing of our newest medical office building as it complements our portfolio and aligns well with our strategy of acquiring healthcare facilities along the continuum of care with an emphasis on lower cost patient settings,” said Michael Seton, chief executive officer and president. “We remain focused on adding additional value to our stockholders as we continue to seek accretive opportunities in the market while delivering on our commitments to investors.”

Sila Realty Trust invests in healthcare real estate and oversees a portfolio of 125 properties, as of September 30, 2021. The REIT raised approximately $1.2 billion in investor equity after launching its initial offering in May 2014. Its follow-on offering closed in November 2018 after raising $129.3 million.

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