Globest Sectors

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.

LOS ANGELES-Brokers tell GlobeSt.com that group advised by J.P. Morgan Chase is offering more than $240 million for the landmark Santa Monica office complex. Owner confirms interest from several parties, but wants to keep options open.

AUSTIN-Buda takes the reins to nearly 5,500 acres as a result of an Austin decision. The state capital's stringent ties that bind aren't prevalent in the suburb, meaning that the acreage is ripe for development.

SPARTANBURG, SC-The locally based engineering and construction firm has a contract to build a power plant in Brevard County, FL for Constellation Power Source at an undisclosed cost, according to a published report. Commercial operation of the plant is expected to begin in June 2002.

ST. PAUL, MN-The $10-million tunnel will connect a convention complex to the rest of Downtown. An agreement reached by the state and county this week clears up a title issue.

SPRINGFIELD, MO-The Southwest Missouri association is unanimous choice about 10 years after an initial effort to join the federation failed. The association will cover more than 10 counties.

LOS ANGELES-Locally based Hilton and other big names downgraded by UBS Warburg. Concerns include slowdown in revenue growth and travel cutbacks initiated by some large corporations.

CHICAGO-The international real estate services firm says the market's diversity in employers make it better prepared than others to get through the current economic slump. Some "new frontiers" may even see more growth, it says.