"The pricing was right," Jason Mattox, executive vice presidentfor Behringer Harvard, tells GlobeSt.com. And though he can'tdiscuss the sale price, he did say the acquisition cost fell belowthe federal reporting level. The asset is assessed at roughly $77per sf, driving local sources to believe the deal closed in theneighborhood of $90 per sf due to underlying dynamics.

According to Holliday Fenoglio Fowler's marketing brochure,Dallas-based Dean Foods' lease for the 66,364-sf back-officebuilding at 14760 Trinity Blvd. is good until September 2014. TheAlpharetta, GA-based Radiant's hospitality division is in placeuntil June 2016 in the 66,682-sf sister at 14770 Trinity Blvd."These are an attractive set of tenants in a good market and a goodfit with the portfolio," Mattox says. In keeping with the buyingfund's strategy, the hold is eight to 12 years.

The complex was developed in 1999 on 15.29 acres in the heart ofthe 1,300-acre CentrePort, just south of the Dallas/Fort WorthInternational Airport. Dallas-based Invesco Real Estate had HFF'ssenior managing director Andrew Levy and director Todd Savagesteering the sale of a asset that it bought in January 2003. Thecore asset was on the market free and clear of debt.

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