SAN DIEGO-Steven Bollert has left his position as senior vice president at Burnham Real Estate Services, where he specialized in the sale and leasing of laboratory facilities, to join Veralliance Properties as a principal.

CARLSBAD, CA-A joint venture between Principal Real Estate Investors and Madison Marquette snaps up Plaza Paseo Real, a 147,000-sf neighborhood shopping center. The property is 98% occupied by retailers including Von's Pavilion and Ultra Star Cinema.

SAN DIEGO-The office powerhouse acquires Governor Executive Centre II for $23 million, thus positioning itself as the largest owner of class A office space in the Governor Park submarket.

CARLSBAD-Merit Group Inc. acquires the vacant site, with plans to build homes worth $450,000 or more on the property. Housing a total of 12 planned lots, the parcel encompasses five acres.

EL CENTRO, CA-The City of El Centro has kicked off the second phase of its $28-million project aimed at upgrading and expanding its 59,000-sf El Centro Regional Medical Center.

EL CAJON, CA-Private investors Juan and Amelia Bustamonte of San Diego acquire the apartment complex with the possibility of converting it into a condo asset. Built in 1983, the property was 100% occupied at time of sale.

CARLSBAD, CA-DEI LLC buys the 53,000-sf property from CT Realty Corp. for $8.3 million. Located at 5931 Priestly Dr. in Carlsbad, the facility is fully occupied by two tenants, Tyco Healthcare and Liberty Street Financial.

SAN DIEGO-ACS State and Local Solutions Inc., a subsidiary of Affiliated Computer Services Inc., inks a five-year lease for office space in Seaview Corporate Center. The deal is valued at $782,000.