RREEF Property Trust (NYSE: ZRPTAX, ZRPTIX, ZRPTTX), the non-traded, daily-valued real estate investment trust of Deutsche Asset & Wealth Management, expanded its Boston-area portfolio with the purchase 40 Allied Dr. in Dedham, MA.

Built in 2013, 40 Allied is a fully leased, 64,127-square-foot medical office building located just north of I-95 near the MBTA-Dedham Corporate station in Boston’s Route 1 South submarket. The deal is a continuation…