Sila Realty Trust is a real estate investment trust that specializes in acquiring and managing single-tenant, net-leased retail properties across the United States. Since its formation in 2017, the company has pursued a sale-leaseback and build-to-suit strategy, partnering with established operators in essential retail segments to generate long-term, stable rental income. Sila’s asset base spans a variety of property types, with a focus on quick-service restaurants, convenience stores, automotive service centers and specialty retail outlets.
The trust structures its leases on a triple-net basis, meaning tenants are responsible for property taxes, insurance and maintenance, which aims to provide Sila Realty Trust with predictable cash flows and minimal landlord obligations. The company’s disciplined underwriting process evaluates tenant creditworthiness, site demographics and market dynamics to identify opportunities that offer both income stability and potential for long-term appreciation. Geographic diversification is central to the portfolio, with investments in major metropolitan areas as well as high-growth secondary markets across the continental U.S.
Sila Realty Trust is externally managed by an affiliate of its sponsor, which brings extensive experience in net-lease real estate investing and capital markets execution. Headquartered in Houston, Texas, Sila’s leadership team is led by Chief Executive Officer Kevin Kerley, who oversees investment strategy, acquisitions and portfolio management. The board and management emphasize governance and risk management, aiming to align the company’s operational focus with the interests of its shareholders and tenants alike.
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