The latest deal is the 530,800-sf Coppell Business Center PhaseII, a four-building mix of distribution warehouses and higher-endfinish showroom space on 33.2 acres. The property is located nearthe intersection of Interstate 635 and Beltline Road.

"We've been very active recently because some interestingproperties have come to market at very attractive prices," TimothyB. Keith, RREEF's vice president of acquisitions, told GlobeSt.com.And, he confides he has two more DFW properties under contract inRREEF's purchase pipeline, with closings expected in a week.

Keith says it's the lure of the developing Dallas-Ft. WorthInternational Airport that is piquing RREEF's strong interest inregional acquisitions. "Buying the right building in submarketsaround the airport is important to us," he says. The CoppellBusiness Center Phase II not only has the right location, but alsois fully leased. "The location north of the airport and alongBeltline Road will provide opportunity for strong long-term yieldon the property," assesses Keith.

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