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HOUSTON-A Houston investor has acquired a 9,792-sf building near Sharpstown Mall, where plans are afoot to open a cosmetology school. There's a growing trend to buy instead of lease commercial sites in the small office market.

ORANGE COUNTY, CA-Samson Motorcycle Products has purchased the space it has occupied for the past year as a tenant. Alton-Morgan Ltd. buys building occupied by electronics wholesaler as an investment.

DALLAS-A 41-year-old apartment complex has brought in close to $5 million for its San Diego-based private investor. The repositioning through renovation is the real story, says a broker. More than $600,000 is being spent.

NORTH BRUNSWICK, NJ-The acting governor does the honors at a 50-acre research park being developed by the New Jersey EDA. The latest phase will focus on commercialization of technology.

ATLANTA-The Beverly Hills, CA-based hotelier cited the 11-year-old, 92-suite Atlanta-Peachtree Hilton Homewood Suites for an above-average extended stay performance.

ESCONDIDO, CA-A Minneapolis-based retail consulting and liquidation firm says it has submitted the winning bid to liquidate three Stroud's retail stores, including one in this North County city.

FORT LEE, NJ-DataPeer will have a staff of 250 technicians and other personnel occupying two full floors and part of a third level at Witkoff's Fort Lee Executive Park.

HARTSDALE, NY-Retailer Marty's Shoes has signed leases for three new store locations in Cortlandt, Mamaroneck and Yorktown, bringing its number of Westchester County outlets to a total of nine.