DivcoWest recently completed the purchase of Bouldin Creek, a newly constructed 170,000-square-foot class-A boutique office building at the intersection of South Lamar and West Oltorf in Austin. Completed in February, Bouldin Creek is a five-story building that features 50,000-square-foot flexible floorplates, multiple outdoor terraces and a rooftop deck.

“We have long believed in Austin as a center of innovation and creativity, and are delighted to add to our portfolio in the city. High-quality office assets with a focus on health, wellness and productivity like Bouldin Creek are seeing the strongest leasing tailwinds in the market today and are among the best positioned assets for future growth,” said Michael Provost, DivcoWest’s head of investments for the Southwest region.

Unico Properties was the seller and Bouldin Creek was its first ground-up office development.