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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
The sale is expected to close in the third quarter.
Sila is Tampa-based real estate investment trust company that own 134 properties, including the 29 data centers and 124 health care properties in 70 U.S. markets.
The company’s net operating income was $58.8 million in 2020.
Michael A. Seton, CEO and president of Sila, said the sale of the properties gives the Tampa-based real estate investment firm “a clear path for the company to pursue a strategy as a pure-play healthcare REIT.”
“Upon closing this transaction, we will continue to be focused on enhancing the value of our company through internal and external growth opportunities,” he said in a statement.
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