Sila Realty Trust, Inc. Provides Update After Hurricanes

Barchart · 10/15 05:30

Sila Realty Trust, Inc. (NYSE: SILA) (the “Company”, “we” or “our”), a net lease real estate investment trust (“REIT”) headquartered in Tampa, Florida, is pleased to report that our employees are safe and our corporate office and our Florida and Georgia properties in the paths of Hurricane Helene and Hurricane Milton are all fully operational.

Michael A. Seton, the Company’s President and Chief Executive Officer, commented, “As a Tampa-based Company, the region experienced record rain, flooding, and severe winds related to Hurricane Helene and Hurricane Milton. As the safety of our employees is our top priority, we closed our office to provide employees and their families the time needed to prepare, most recently, for Hurricane Milton as it approached the Tampa area and evacuate as necessary. The management team of the Company remained in correspondence with all employees during and after both storms, and all are accounted for and safe. The Company’s headquarters, located at 1001 Water Street in Tampa, is open and sustained no damage from either storm.

“Our dedicated internal Property Management team has been in contact with our tenants at buildings that were in the path of one or both storms and have had an opportunity to visit some of the properties. Based on the Company’s current assessment, all of the Company’s affected properties are operational and suffered no material damage. We will work with our tenants to address minor damage that was sustained as our community and the state of Florida work diligently to bring normalcy back to everyone affected by these storms.”

About Sila Realty Trust, Inc.

Sila Realty Trust, Inc. is a net lease real estate investment trust headquartered in Tampa, Florida, with a strategic focus on investing in the significant, growing, and resilient healthcare sector of the U.S. economy. The Company invests in high quality healthcare facilities along the continuum of care, which, we believe, generate predictable, durable, and growing income streams. Our portfolio comprises high-quality tenants in geographically diverse facilities, which are positioned to capitalize on the dynamic delivery of healthcare to patients. As of September 25, 2024, the Company owned 136 real estate properties, and two undeveloped land parcels located in 65 markets across the U.S. For more information, please visit the Company’s website at www.silarealtytrust.com.