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Sila Realty Trust completed the acquisition of a medical outpatient building in Reading for $10m.

Synopsis

Sila Realty Trust, a net lease real estate investment trust, completed the acquisition of a medical outpatient building in Reading for $10m. “We are pleased to announce the addition of a newly constructed, on-campus, Class A medical outpatient building to our dynamic portfolio of healthcare assets, featuring tenancy comprised of a leading local healthcare system and the largest operator of behavioral health facilities in the country. The facility exemplifies our commitment to sourcing and acquiring what we believe are accretive opportunities that are critical to the business operations of our tenants and the communities in which they serve,” Michael A. Seton, Sila Realty Trust President and CEO.

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