Sila Realty Trust Completes $35.12 Million Acquisition of Knoxville Inpatient Rehabilitation Facility
The Knoxville Healthcare Facility is a 57-bed, inpatient rehabilitation facility offering programs to provide care and therapy for neurological rehabilitation, stroke rehabilitation, brain injuries, spinal cord injuries, amputation, and orthopedics. The approximately 70,000 square foot facility was built in 2021 and is fully leased to Knoxville Rehabilitation Hospital, LLC, a joint venture between the University of Tennessee Medical Center, Lifepoint Health, and an affiliate of Community Health Systems, Tennova Healthcare. The facility is located within the 109-acre Tennova Health Park, which currently hosts an ambulatory surgical center and a behavioral health center, in addition to the inpatient rehabilitation facility.
“We are pleased to see the momentum from 2024 continue into 2025, with the acquisition of a highly utilized, institutional quality healthcare facility within a health park that acts as a hub in the
About The University of Tennessee Medical Center, Lifepoint Health & Community Health Systems
The University of Tennessee Medical Center is a not-for-profit healthcare system based in
About Sila Realty Trust, Inc.
Sila Realty Trust, Inc., headquartered in
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Investor Contact:
Miles
833-404-4107
IR@silarealtytrust.com
Source: Sila Realty Trust, Inc.