Transactions: More HRE Transactions

MedSouth Healthcare Properties LLC, a relatively new company focused on acquiring healthcare properties in the Southeast, recently purchased an MOB in Myrtle Beach, S.C., in a JV with Sterling Fox Group LLC. Both MedSouth and Sterling Fox Group are based in Charlotte, N.C. The JV acquired Market Commons Medical, a 20,000 square foot, two-story building adjacent to Market Commons, a 114-acre lifestyle center near Myrtle Beach International Airport. The price was not disclosed. DaVita Dialysis leases the first floor of the facility. MedSouth, which is led by William Transou and Benjamin E. Bivens, was featured in a story titled “New HRE investment firm starts up” in the July 2013 edition of HREI™.

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