CHARLOTTE, NC-A Cleveland-based multifamily developer is hoping to close on the purchase of a property on West Morehead Street by the end of this year and break ground shortly thereafter on a new 298-unit apartment project here.

MEMPHIS-A host of office building owners here are in competition for a state government office requirement of approximately 100,000 square feet.

CHICAGO-A local joint venture of Waterton Associates LLC and RSL Building Corp. is seeking investors for a planned $60-million extended stay hotel at 403 N. Wabash.

WASHINGTON, DC-First Potomac Realty Trust reports it has signed a lease deal with the Associated Builders and Contractors, Inc. for nearly 20,000 square feet of space at its 440 First Street NW office property under construction here.

WASHINGTON, DC-Lowe Enterprises reports it has completed the redevelopment of 1400 Crystal Drive here into a state-of-the-art, Class A office building designed to LEED Gold standards.

EAST RUTHERFORD, NJ-Triple Five, the developer of the American Dream project here, has filed suit against the Jets and Giants and is seeking monetary damages in connection with the National Football League franchises' opposition to its development here.

PHILADELPHIA-In the next six to nine months, the Philadelphia Chinatown Development Corp. says it will start construction on a 23-story mixed-use project at 10th and Vine streets.

PHILADELPHIA-Gebroe Hammer Associates of Livingston, NJ reports that it has arranged three separate multifamily deals in Philadelphia totaling 152 units for a combined $8.7 million.