SALISBURY, NC- Food Lion is acquiring stores in North Carolina and Virginia. The grocery chain says it could buy more.

SCOTTSDALE, AZ-A two-year-old office building, fully leased for the next 21 years, sells for $31.4 million at a 6.68% cap to Tucson-based Holualoa Arizona Inc. Seller Stratford American Corp. realizes $5.9 million of net proceeds from the 157,566-sf sale.

HOUSTON-JE Dunn of Texas Inc. is getting ready to move into 12,952 sf at 3500 S. Gessner Rd., picking up some extra operating space with a relocation from Greenway Plaza and saving about 20% on the real estate cost.

PHOENIX-Mountain West Industrial Properties purchases a 135,600-sf distribution building at 4720 W. Van Buren St. for $4.7 million from Deseret Mutual Benefit Administrators. The 1980s-era building is 75% leased to local tenants.

PHOENIX-Time constraints aside, the local moving and storage company signs a three-year lease for 19,494 sf at 1511 S. 47th Ave.

GILBERT, AZ-A Northern California investor trades out of a retail asset in the Bay Area to buy a 20,610-sf multi-tenant auto-service condominium building for $3.7 million. Built last year, the building is 84% leased to NAPA and Aamco.

HOUSTON-National Estate Planning relocates its headquarters from Greenway Plaza to Westchase, expanding from 7,500 sf to 10,575 sf at 3100 S. Gessner Rd. It's a seven-year deal.

MESA, AZ-A Southern California investor spends about $8.2 million for La Mesa Village, which receives seven offers within two weeks of coming to market. The new owner, SRP Property, will invest another $400,000 into upgrades.