Sila Realty Belief acquires Studying Healthcare Facility

Sila Realty Belief acquires Studying Healthcare Facility

US-based Sila Realty Belief has acquired a medical outpatient facility in Studying, Pennsylvania (Studying Healthcare Facility), in a deal totaling $10.5 million.

Inbuilt 2020, the Studying Healthcare Facility is unfold over 30,000 ft².

It serves as an outpatient remedy middle for former sufferers of the adjoining inpatient behavioral facility and different sufferers requiring outpatient care.

The constructing is situated on the campus of a 144-bed Tower Behavioral Well being facility inbuilt 2020 and is sort of 4 miles north of Tower Well being's 697-bed Studying Hospital.

The Studying facility is leased by Studying Behavioral Healthcare, a three way partnership between Acadia Healthcare and Tower Well being.

Michael Seton, president and CEO of Sila Realty Belief, mentioned, “We’re happy to announce the addition of a newly constructed, on-campus, Class A medical outpatient constructing to our dynamic healthcare actual property portfolio, with leases consisting of an industry-leading native healthcare system and the nation's largest operator of behavioral well being services.

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“The power exemplifies our dedication to sourcing and buying what we imagine are progress alternatives which are crucial to the companies of our tenants and the communities wherein they function.”

Acadia Healthcare supplies behavioral well being companies, working in 253 places with roughly 11,200 beds in 38 U.S. states and Puerto Rico.

Tower Well being focuses on offering healthcare and wellness companies at its hospitals in japanese Pennsylvania.

Sila Realty Belief's portfolio consists of tenants in geographically numerous services positioned to learn from the dynamic supply of healthcare.

As of March 31, 2024, Sila Realty Belief owned 136 properties and two vacant heaps in 64 U.S. markets.

Final December, Sila Realty Belief accomplished the sale of Webster Healthcare Facility II (UTMB Well being Clear Lake Hospital) to the Board of Regents of the College of Texas System.


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