ST. CHARLES, MD-Town Center South owner Interstate General Company is close to signing a deal with Benderson Development that would allow the latter to acquire 50 to 151 acres of property at Town Center South for $200,000 to $270,000 per acre.

SAN FRANCISCO-The only drop off is in the number of available properties. A luxury apartment complex recently sold for $16 million and, on the smaller side, two adjacent buildings sold for $950,000 and $1.5 million, respectively.

ORLANDO-Mark Peterson, a former Applebee's International vice president/controller and chief accounting officer, joins locally based Grace Venture Partners which is branching out from its $20 million technology fund.

AUSTIN-Founded by former Dell Computer Corp. executives, Motion Computing lines up its first office as it ramps up for a 2002 release of its first product, a mobile PC with all the punch of a full-size model in a tablet-size design.