Globest Sectors

COLUMBIA, MD-First Service Networks Inc. signed leases for office space with Corporate Office Properties Trust and plans to move its corporate headquarters from Stamford CT to Annapolis Junction, MD.

SOUTHFIELD, MI-The REIT gets $40 per sf for the community shopping center located in Athens, AL as part of its strategy to dispose of non-core assets. Proceeds will be used in part to pay off variable-rate debt.

NEW YORK CITY-Moody's expects the manager of ski resorts and golf courses to take advantage of the improvements it has made to its infrastructure over the last several years.

DALLAS-Texas has all the right genes for weathering a nationwide recession, say regional executives. Job growth is slowing somewhat statewide, but it's still far ahead of the rest of the Union. The state's diversification is the key to continued growth.

SAN DIEGO-Work is well over halfway complete on two North County time-share resort projects.

LOS ANGELES-Developer JMB Realty Corp. begins long-awaited Westside project after signing $500-million lease with entertainment conglomerate MGM. Brokers tell GlobeSt.com another big lease deal is in the works that could guarantee more than 80% of 34-story tower will be rented when in opens in 2003.

TRENTON-A plan to curb sprawl updates the 1992 document, shifting the focus to using incentives to encourage developers to build in cities and suburbs. The spotlight now shifts to the governor and legislature.

HYATTSVILLE, MD-The marketing company plans to bring 400 jobs to Prince George's County to staff its high-tech call center. Prince George's Metro Center plans to expand one building to meet company's needs.