GLENDALE, AZ-Local investor Viorel Motiu buys a 95%-leased complex along North 75th Avenue in the metro's second-ranked submarket for vacancy and rent revenue. A California trust is the seller of the 44-unit complex.

WASHINGTON COUNTY, VA-The area's newest shell building, an 87,500-sf structure situated on a 19-acre plot, is presented in a ceremony with local and state officials. The structure sits in the 100-acre Glade Highlands Industrial Park, which is in a designated enterprise zone.

AUSTIN-CarrAmerica has signed its first first-floor tenant and first eatery for the 445,550-sf Austin CBD office tower. A mid-November opening is being planned by the locally owned Thistle Cafe.

DETROIT-A 260,000-sf Federal Reserve Bank office and processing center east of I-75 bounded by Warren, Russell and Forrest avenues is expected to cost $65 million, statrting with $3.2 million in tax increment financing to prepare a contaminated site for redevelopment.