Tampa REIT sells data centers for $1.3 billion

Sila Realty Trust has agreed to sell up to 29 data center properties to a Singapore-based company for $1.32 billion

  • By Business Observer Staff
  • | 3:46 p.m. May 20, 2021
  • | 0 Free Articles Remaining!
Courtesy. Michael A. Seton is the president and CEO of Sila Realty Trust.
Courtesy. Michael A. Seton is the president and CEO of Sila Realty Trust.
  • Tampa Bay-Lakeland
  • Share

TAMPA — Sila Realty Trust Inc. has agreed to sell up to 29 data center properties to a Singapore-based company for $1.32 billion.

The properties were sold to Mapletree Industrial Trust, a REIT listed on the Singapore Exchange

 

Continue reading your article
with a Business Observer subscription.
What's included:
  • ✓ Unlimited digital access to BusinessObserverFL.com
  • ✓ E-Newspaper app, digital replica of print edition
  • ✓ Mailed print newspaper every Friday (optional)
  • ✓ Newsletter of daily business news
Subscribe

Already subscribed? Sign in.

Latest News

  • December 13, 2025
Report: Small business optimism up, but worries percolate
  • December 12, 2025
CEO of Bradenton EDC announces retirement
  • December 12, 2025
Manatee County to break ground on $40M veterans complex
  • December 12, 2025
Moez Limayem confirmed as USF’s new president

Sponsored Content