NEW YORK CITY-New hotels opening in Manhattan will benefit from the lack of funding for hotel construction here. But investor interest in the lodging market on a national level is keen, with a recovery predicted for 2003.

CHICAGO-"Look for rents to flatten out or decrease in 2002 and for concessions to continue increasing," says Jeff Samaras, executive director in Cushman & Wakefield's Downtown office, on the overall Central Business District market.

BEDFORD, NH-GFI Investments purchases a 65,400-sf building here for $3.9 million from Unum Provident. The building is the former New Hampshire headquarters of IBM and is expandable by 80,000 sf.

WASHINGTON, DC-The District weathers the economic storm--and other problems--to emerge as one of 2001's highest performing commercial real estate markets in the country, according to Cushman & Wakefield's year-end MarketBeat series.