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%.

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%.

MEMPHIS, TN-RFS Hotel Investors Inc., which has three properties in the Carolinas, has completed a rate swap agreement with PNC Bank to avoid exposure to future rate volatility on its 59 hotel, 8,600-room-portfolio.