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5/30/25
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DivcoWest has landed new management assignments for five properties, four in Southern California and one in Austin, TX. The four SoCal properties include Penn Station Studios, Broadway Place, 2308 Broadway, and 1556 20th Street in Santa Monica, and total 205k sf of office space. In Texas, DivcoWest’s new assignment is for The Village, a 143k sf mixed-use asset in North Austin.
The Santa Monica properties are home to long-term creative office and media tenants. This latest assignment from a major institutional investor brings DivcoWest’s SoCal portfolio to 2.8 msf across office, multifamily and retail within the Greater LA and San Diego markets. Additionally, DivcoWest maintains a corporate office located in Beverly Hills, alongside LoanCore Capital, the debt-focused subsidiary also under the DivCore Capital umbrella.
The Village: 2700 West Anderson Lane, Austin, TX |
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The Texas property, The Village, is located at 700 West Anderson Lane on highly trafficked Anderson Lane between MoPac and Burnet Rd. The Village opened in the early 1970s and once housed a restaurant reputed to be the inspiration for Jimmy Buffett’s classic hit, “Margaritaville.” Today, The Village offers a mix of retail, including Alamo Drafthouse, a High 5 Entertainment bowling alley, and Epoch Coffee, as well as numerous creative office users.
This latest assignment from a major institutional investor brings DivcoWest’s Austin portfolio to more than 4 msf across office, multifamily, retail and hospitality. The Austin portfolio includes the iconic Frost Tower, Bouldin Creek, a four-story Class A boutique office campus, Sixth and Guadalupe, a new 66-story office and residential tower, The Republic, an 830k sf office tower currently under construction, and Hyatt Regency Lost Pines, a 491-guest room, 405-acre resort.
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