Holland & Knight Advises Sila Realty Trust on $1.3 Billion Sale of Data Center Portfolio

TAMPA, Fla. (July 23, 2021) – Holland & Knight represented Sila Realty Trust, Inc. on the sale of 29 data center properties to subsidiaries of Mapletree Industrial Trust, a real estate investment trust listed on the Singapore Exchange. The sale, which includes all of the data center properties owned by Sila, is valued at approximately $1.3 billion and was announced on July 22.

Sila Realty Trust, Inc. is a public, non-traded real estate investment trust headquartered in Tampa, Fla., that invests in high-quality healthcare properties and data centers. In addition to the data centers, the company owns 124 healthcare properties across the United States.

The Holland & Knight team representing Sila Realty Trust, Inc. was led by Partners Bob Grammig, Robert Warram and Michael Mills and Associate Kendall Wilson. They were primarily assisted by Partners Amy Edwards, Jack Levine and Mark Melton; Senior Counsel Karen Havice; and Associates Graham Coates, Alexandra Dobles, Yoni Fisch, Charlotte Floyd, Gabriella Guariniello, Cameron Hall, Chiara Kalogjera-Sackellares, Anne Lawson, Allison Mangan, Abigail Pugliese, Marissa Serafino and Ross Tuminello.

More information about the transaction can be found here.