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( Mark One ) UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington , D.C. 20549 FORM 10 - K ☑ П ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31 , 2020 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number : 000-55435 Sila realty trust SILA REALTY TRUST , INC . ( Exact name of registrant as specified in its charter ) 46-1854011 ( I.R.S. Employer Identification No. ) Maryland ( State or Other Jurisdiction of Incorporation or Organization ) 4890 West Kennedy Blvd. , Suite 650 Tampa , FL 33609 ( Address of Principal Executive Offices ; Zip Code ) Title of each class N / A ( 813 ) -287-0101 ( Registrant's Telephone Number , Including Area Code ) Carter Validus Mission Critical REIT II , Inc. ( Former name , former address or former fiscal year , if changed since last report ) Securities registered pursuant to Section 12 ( b ) of the Act : None Trading Symbol N / A Securities registered pursuant to Section 12 ( g ) of the Act : Common stock , par value $ 0.01 per share Name of each exchange on which registered N / A No ☑ Indicate by check mark if the registrant is a well - known seasoned issuer , as defined in Rule 405 of the Securities Act . Yes " Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15 ( d ) of the Act . Yes " No ☑ Indicate by check mark whether the registrant ( 1 ) has filed all reports required to be filed by Section 13 or 15 ( d ) of the Securities Exchange Act of 1934 during the preceding 12 months ( or for such shorter period that the registrant was required to file such reports ) , and ( 2 ) has been subject to such filing requirements for the past 90 days . Yes ☑No " Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S - T ( $ 232.405 of this chapter ) during the preceding 12 months ( or for such shorter period that the registrant was required to submit such files ) . Yes ☑ No Indicate by check mark whether the registrant is a large accelerated filer , an accelerated filer , a non - accelerated filer , a smaller reporting company , or an emerging growth company . See the definitions of " large accelerated filer , " " accelerated filer ” , “ smaller reporting company , " and " emerging growth company " in Rule 12b - 2 of the Exchange Act . Large accelerated filer Non - accelerated filer ☑ Accelerated filer Smaller reporting company Emerging growth company ☐ If an emerging growth company , indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13 ( a ) of the Exchange Act . " Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial reporting under Section 404 ( b ) of the Sarbanes - Oxley Act ( 15 U.S.C. 7262 ( b ) ) by the registered public accounting firm that prepared or issued its audit report . Indicate by check mark whether the registrant is a shell company ( as defined in Rule 12b - 2 of the Exchange Act ) . Yes No ☑ There is no established market for the Registrant's shares of common stock . As of June 30 , 2020 , the last business day of the Registrant's most recently completed second fiscal quarter , there were approximately 165,739,000 shares of Class A common stock , 12,492,000 shares of Class I common stock , 39,067,000 shares of Class T common stock and 3,463,000 shares of Class T2 common stock held by non - affiliates , for an aggregate market value of approximately $ 1,433,644,000 , $ 108,053,000 , $ 337,933,000 and $ 29,952,000 , respectively , assuming a market value of $ 8.65 per share of our Class A common stock , Class I common stock , Class T common stock and Class T2 common stock , based on the Registrant's estimated per share net asset value as of June 30 , 2020 , of the Registrant's common stock established by the Registrant's board of directors at that time . As of March 19 , 2021 , there were approximately 166,838,000 shares of Class A common stock , 12,766,000 shares of Class I common stock , 39,682,000 shares of Class T common stock and 3,427,000 shares of Class T2 common stock of Sila Realty Trust , Inc. outstanding . Documents Incorporated by Reference Portions of Registrant's proxy statement for the 2021 annual stockholders meeting , which is expected to be filed no later than April 30 , 2021 , are incorporated by reference in Part III . Items 10 , 11 , 12 , 13 and 14 .