Sila Realty acquires healthcare asset in Indianapolis market
May 14, 2021 | Pam Rosacia | S&P Global Market Intelligence
Sila Realty Trust Inc. purchased a roughly 53,560-rentable-square-foot healthcare asset in the Indianapolis market for $25.0 million subsequent to the end of the first quarter.
The healthcare real estate investment trust, in reporting its first-quarter earnings, said the property is fully occupied by one tenant.
In April, Sila Realty reached a settlement deal to terminate a lease with a data center property tenant, which stopped rent payments in October 2020 due to financial challenges related to the COVID-19 pandemic.
The settlement deal went into effect immediately, whereby the tenant paid the REIT a $7.0 million termination fee on April 23 and will surrender the space on or before June 20.
