SANTEE,CA-The city has agreed to impose limits on rent increases for mobile park residents. However, now the city wants those residents to pay fees into a fund that could be tapped if the ordinance comes under legal attack.

STATEWIDE-Sears' decision to close stores nationally will have a direct impact on the Garden State as five specialty stores and one full-line store will close, one of the few of its kind in the nation to be shuttered.

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.