LA JOLLA, CA-Aquarella Mexican Grill inks a $2-million sublease to occupy the former Palomino Restaurant located at 8990 University Lane on the Aventine Restaurant Row. The new restaurant is expected to open later this month.

PARSIPPANY, NJ-As part of its ongoing effort to refocus on its core markets in the Northeast, the REIT has agreed to buy the 57,722-sf class A asset from an Ivy Equities affiliate.

PHOENIX-Cal State Investment scores the win with a high bid for the 44 units at 1633 W. Missouri Ave. in Phoenix. Two other offers were placed on the table for the 98%-occupied complex, built in 1964.

ORLANDO-Investment sales lag with no institutional grade portfolios on the selling block and no big deals posted in the third quarter, Trammell Crow Co.'s newest analysis shows. The Bee Line submarket in south Orlando is at a direct vacancy level of 29%.