10B — June 2024 — Pennsylvania — M id A tlantic Real Estate Journal
www.marej.com
P ennsylvania
EADING, PA — Sila Realty Trust, Inc. an- nounced the acquisition R The property located in Reading, PA sells for $10.5M Sila Realty Trust acquires medical outpatient building
patient care. The purpose-built facility is positioned on the campus of the 144-bed Tower Behavioral Health facility, also constructed in 2020. The cam- pus is well located four miles north of Tower Health’s flag- ship 697-bed Reading Hospital. The Reading Healthcare Facility is fully leased to Reading Behavioral Health- care, a joint venture between Acadia Healthcare and Tower Health is a provider of behavioral healthcare ser- vices, with 253 locations and 11,200 beds, spanning across 38 states and Puerto Rico. Tower Health is a not-for- profit regional integrated Tosi has completed the CCIM education, holds the SIOR designation, and is a consistent recipient of the SIOR’s largest transactions of the year and the Costar Power Brokers annual award for Top Brokers in the marketplace. In addition to serving some of the regions’ largest com- panies and property owners, Tosi has been an instrumental
healthcare system that offers high quality, leading-edge healthcare and wellness ser- vices at its three acute care hos- pitals, a surgical hospital, and a children's hospital located in Eastern PA. “We are pleased to announce the addition of a newly con- structed, on-campus, class A medical outpatient building to our dynamic portfolio of healthcare assets, featuring tenancy comprised of a lead- ing local healthcare system and the largest operator of behavioral health facilities in the country,” said Michael Seton , president and CEO of the company. MAREJ
of a medical outpatient b u i l d i n g located in Reading for $10.5 million. The Read- ing health- care facility is a 30,000 s/f medical out-
Michael Seton
patient building and serves as the outpatient treatment center for former patients of the adjacent inpatient behav- ioral facility as well as other patients that only require out- PITTSBURGH, PA — Ox- ford Development Compa- ny (Oxford) has promoted Joe Tosi to executive VP of Oxford Realty Services (ORS) . Tosi has been with Oxford for the past 18 years develop- ing and expanding his scope of professional services into a unique and broad skillset. Serving as a consistent top producer in the region, Tosi is known internally as a cre- ative strategist, completing
Oxford Realty Services announces new leadership team leader in creating and expanding Oxford’s 3 Cross- ings development and navi- gating many complicated negotiations to secure high- profile, high credit tenants within the campus. $50 million in transaction volume annually.
In his new role, Tosi will continue to carry out broker- age and leasing assignments, while taking on the oversight and strategic management responsibilities specific to ORS. MAREJ
QUALITY COMMITMENT PERFORMANCE
Geotechnical Design & Analy
nvironmental Site Assessments and
www.earthengineering.com Corporate Headquarters: 610-277-0880 Lehigh Valley: 610-967-4540 Central PA: 717-697-5701 South Jersey: 856-768-1001
Made with FlippingBook - professional solution for displaying marketing and sales documents online