ESCONDIDO, CA-The locally based REIT increases its presence in the Southeastern US with a $94.5-million, sale-leaseback transaction involving 144 convenience store properties.

LONDON-Taylor Woodrow and Hutchison Whampoa's redevelopment proposal for the Lots Road power station site in Chelsea, south-west London, has been rejected for the third time by Kensington & Chelsea council.

CELINA, TX-A well-known Dallas investor, Rex Glendenning, buys more land from a European investor, whose interests are represented stateside by International Capital. Land in the toll road's path has been fetching $5,000 to $8,000 per acre.

CORAL GABLES, FL-PLC 2151 Le Jeune Rd. LLC closed on its purchase of the 76%-occupied building, with 33,000 rentable sf. As a result, all four buildings in the portfolio have been sold.