KATY, TX-Diversified International Partners, representing Latin American investors, has acquired the 29,250-square-foot Kingsland Medical Plaza. The seller in the transaction was Norvin Healthcare Properties.
Kingsland Medical Plaza is at 777 Fry Rd. in the far western Houston suburb. Transwestern currently leases and manages the property.
Diversified International Partners is a private equity real estate fund for Latin American institutional and qualified high net worth investors. Finesa Real Estate Group is the general partner for the fund, and Transwestern Investment Management is the fund’s exclusive investment manager.
Representatives involved with the transaction were not immediately available for comment. An update should follow shortly.