LONDON-Land Securities has sold the Burns Mall Shopping Centre in Kilmarnock, Scotland, to life assurance company Eagle Star for more than Pounds 16.65 million ($26 million).

ATLANTA-Two area suburban stores are included in a five-property sale/leaseback transaction between the Canton, MA-based home entertainment chain and Bellevue, WA-based GE Capital Business Asset Funding. Tweeter Sells the stores for $14.5 million and leases them back for $20 million.

SAN FRANCISCO-The Bay Area office market is officially a distressed market, says a recent Merrill Lynch report, meaning supply and demand are so out of whack that it will be several years before rental rates fully recover.

NEW YORK CITY-I/ESG continues its streak of high-profile assignments with the contract to manage Sumitomo Corp.'s 500,000-sf office tower. Sources tell GlobeSt.com CBRE coveted the job, which was formerly held by the Gale Co., but Insignia plucked the plum from an original list of five contenders.