HICKORY CREEK, TX-A Rockefeller Center-based investment group is banking on a theater startup to strengthen its foothold in the entertainment industry. W.P. Carey & Co.'s two REITs have put up $19.5 million for three megaplexes, including one in Hickory Creek.

ORLANDO-James T. Stanley, senior vice president of operations at Planet Hollywood International Inc., is shooting for a second outlet in either New York or Los Angeles next year. Restaurants in other National Basketball Association cities are also on the drawing boards.

WALTHAM, MA-The association reached to the West Coast to find John Fridlington, its new executive vice president. He is only the fifth person to hold the post over the last half century.

ORLANDO-Cumberland Land Holdings paid Airport International Park of Orlando Inc. $4.35 million or $98,864 per acre ($2.27 per sf) for a 44-acre tract at Airport International Park.

HOUSTON-Camden Property Trust is issuing a marginal return to its shareholders for the fourth quarter. The same dividend - less than a $0.6 - is going to holders of its Series A cumulative convertible preferred shares.

DALLAS-Execs on the fly, at least those at London Gatwick Airport, will be making the most of down time come January 2001. Dallas' HQ Global Workplaces and an international airport operator launches a state-of-the-art business center, with more planned elsewhere.

WOODLAND HILLS, CA-PCS Development opens Premiere Hills, an upscale, 80-unit apartment project on the west end of the San Fernando Valley.

By C.J. HughesSilicon Alley ReporterIn a turbulent year, it isn't unusual to see a pure-play content site forced to launch a synergistic brick-and-mortar…