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12/02/24
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DivcoWest has been selected by a major institutional investor to manage and oversee three marquee commercial properties totaling 1.8 msf in Austin, TX.
The transaction doubles DivcoWest’s portfolio in the Texas capital, making it one of the largest commercial office landlords in downtown Austin, one of the country’s most popular commercial real estate markets.
The buildings DivcoWest will operate are:
• Frost Tower, a 533k sf, 33-story Class A office tower, with first-class amenities and an elite roster of tenants, at 401 Congress Ave
• 300 West 6th Street, a modern, 454k sf 23-story Class A office tower with LEED Gold designation and large 30k sf floor plates
• Plaza Saltillo, a 10-acre mixed-use property in East Austin with 153k sf of office space, 118k sf of retail space, including Whole Foods and Target stores, and 703 high-end apartment residences
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