AUSTIN - DivcoWest has purchased 185,000 sf of Austin office space, acquiring the Lakewood Center and The Park from Dallas-based Lone Star Funds.
The three-building portfolio consists of Lakewood Center I and II at 6801 Capital of Texas Hwy. and The Park at 8300 N. MoPac Expy.
Located in Northwest Austin, the two-story Lakewood Center buildings measure approximately 47,000 sf each, while the three-story The Park building totals 93,000 sf.
This is the second major Northwest Austin acquisition this year by San Francisco-based DivcoWest, which closed on the 317,000-sf The Campus @ Arboretum in January.
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