DivcoWest, a leading institutional investor, has been chosen to manage and oversee three prominent commercial properties in Austin. This selection will significantly increase DivcoWest’s presence in the Texas capital as their portfolio will now include 1.8 million square feet of space.
The addition of these buildings marks a doubling of DivcoWest’s current portfolio in Austin. The properties that they will be operating are Frost Tower, located at 401 Congress Avenue and spanning over 533,000 square feet with top-notch amenities and prestigious tenants; 300 West 6th Street, a modern office tower standing at 23 stories tall with over 454,000 square feet; and Plaza Saltillo which covers an expansive area of ten acres on the east side of Austin. Plaza Saltillo boasts an impressive mix-use development featuring high-end apartments (703 units), retail spaces (118,000 square feet including popular stores like Whole Foods and Target), as well as office spaces (153