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ATLANTIC CITY-A few years ago Delmarva Power took over Atlantic Electric, creating Conectiv out of the combined companies. Now, Potomac Electric is acquiring Conectiv. The new name of the merged companies has not been disclosed.
VANCOUVER, WA-The fees are charged to offset the infrastructure costs associated with the traffic generated by new strip malls, fast-food restaurants and bank branches. Staffers want more time to make sure the proposed increases don't scare anybody away.
ELGIN, IL- The 90,000-sf neighborhood shopping center is DLC Management Corp.'s second acquisition in the Chicago market, and the Tarrytown, NY-based company has a third under contract. DLC plans to open a Chicago office.
DALLAS-More apartment dwellers had stayed put in the wake of economic uncertainties that had interest rates rising, stock portfolios dwindling and job concerns rampant. Demand still failed to fuel hardy rent growth nationwide, says M/PF Research's quarterly analysis.
SAN FRANCISCO-More than a year after a restoration team began uncovering original designs, the multimillion makeover of the Nob Hill hotel is complete. The lobby, court area, Venetian Rooms and guest suites are among the areas that now look as they did nearly a century ago.
ST. PAUL, MN-The Great Northern Lofts are being built in the historic former offices of railroad tycoon James J. Hill. The project is the third Lowertown condominium development to get under way this year.
DENVER-Fullerton's latest project is gaining momentum in the early days of pre-sales for its 41-unit Saint Lukes Lofts. The project includes "for sale" units at the behest of neighborhood leaders.
PHOENIX-An apartment complex near the 50,000-student Arizona State University and future site of the $335-million stadium for the Arizona Cardinals was purchased by a Connecticut-based investment company.