Michaels took 23,230 sf of office/warehouse space in the CoppellBusiness Center II at 1461 S. Belt Line Rd. in a lateral shift fromwithin the submarket. Robert Fulford Jr., vice president with Grubb& Ellis Co. in Dallas, tells GlobeSt.com that the rate ended upclose to the $3.15 per sf asking price that the San Francisco-basedRreef is quoting for the 223,906-sf structure. Michael's turned onlights in space emptied about two months ago by Maxis Tire Co.,says Fulford, who along with Grubb & Ellis' senior vicepresident Gary Lindsey, represented Rreef. Rick Medinis with theRobert Lynn Co. in Dallas bargained terms for the locally basedMichaels.

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