WINSTON-SALEM, NC-The Raleigh, NC-based real estate services firm, has opened an office in Winston Salem and plans to open other offices shortly in Greensboro and Columbia, SC. The company sees Raleigh, Greensboro, Winston-Salem and Charlotte as a single, growing metropolitan area.

ORANGE COUNTY, CA--Newport Federal purchases 67,000 sf multi-tenant building in Irvine.

ATLANTA-Executive vice president R. Gregory Fox is wearing two hats for while. R. Byron Carlock, Jr. resigned as executive vice president and chief investment officer. John R. Allums is the new executive vice president of construction for the REIT's western markets.

HOUSTON-Capital Automotive REIT has taken control of two properties from the Momentum Automotive Group, paying $4.7 million as part of $39.6 million in second-quarter transactions for the McLean, VA-based operation.