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SAN JOSE-Bryan Friedman, senior vice-president and managing director of Grubb & Ellis' Silicon Valley office, and Ritchie Commercial Real Estate owner Mark Ritchie say the market is softening, but the sky isn't falling.

BREA, CA-Bonin Investments plans to hold the asset, a building leased to a roofing company, in its portfolio. Transaction is valued at $3.1 million.

SKOKIE, IL-A report from Alter Group says build-to-suit activity in the five-county market fell 23% in the second half of 2000 and the forecast is for a 15% drop in 2001. The first half was up 25%.

HOUSTON-In a quick lease signing, CD Steel & Service has managed to meet a startup date for its first Houston location. The firm has set up shop in 5,000-sf at 10612 Hempstead Rd. in the Greenspoint-Airport submarket.

HOUSTON-Ground has broken on the city's fifth Hawthorn hotel. The 59-suite facility is being built near the Bush Intercontinental Airport, which due diligence shows will be a strong market for the brand's extended-stay venue.

WILTON, CT-Fairfield Chemical Carriers Inc. has relocated from offices in Darien to 3,434 sf of space at 5 River Rd. here. Wilton Shopping Center Limited Partnership owns Fairfield's new space.

ORLANDO-Grubb & Ellis Co. is the first brokerage to pinpoint first-quarter weaknesses due to company downsizing, mergers and tenant relocations. The three million-sf southwest Orlando tourist submarket was hit hardest with vacancies of 21.4%.

WASHINGTON, DC-The proceeds from the offering of 5 million shares will be used for general corporate purposes, including repurchasing earlier issues of preferred stock, according to officials. The shares will be offered at $50 each.