SOLD
Michael Seton Of Sila Realty Trust Acquires Hospital Portfolio In Texas & Arizona
Michael Seton Of Sila Realty Trust Acquires Hospital Portfolio In Texas & Arizona
Industrial
316,000 SF
316,000 SF
Sold 37 days ago
Summary
Sale
TEXAS
Industrial
316,000 sqft
The Hospital Portfolio, located in Texas & Arizona, with a total square footage of 158,000, was sold for $85,500,000 to Sila Realty Trust. The portfolio comprises four micro-hospitals and one emergency room, all fully leased by Tenet Healthcare Corp.
Summary of transaction details:
- Property Type: Hospital
- Transaction Amount: $85,500,000
- Market: Texas & Arizona
- Buyer: Michael Seton - Sila Realty Trust
- Square Footage: 158,000
- Price Per Square Foot: $541
Michael Seton of Sila Realty Trust orchestrated the acquisition of the hospital portfolio, following a $250 million financing agreement revealed the day prior. The deal includes four micro-hospitals and one emergency room, all currently leased by Tenet Healthcare Corp.
Details
SOLD
IMAGE: Michael Seton
DATE: 03/22/2024
ADDRESS: Hospital Portfolio
MARKET: Texas & Arizona
ASSET TYPE: Hospital ~ SF: 158,000
BUYER: Michael Seton - Sila Realty Trust
SALE PRICE: $85,500,000
SF: 158,000 ~ PPSF: $541
NOTE: Sila Realty Trust purchased a $85.5 million hospital portfolio, consisting of four micro-hospitals and one emergency room, fully leased by Tenet Healthcare Corp. The acquisition follows a $250 million financing agreement disclosed the previous day.View on map
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AddressMichael Seton Of Sila Realty Trust Acquires Hospital Portfolio In Texas & Arizona
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