LAGUNA BEACH-James Long, an 18-year industry veteran, establishes Chateau Pacific LLC for finance and sale advisory services on commercial properties, including hotels.

HOLLYWOOD, CA-The business improvement district, which has played a key role in the resurgence of development, will go for another five years.

LAKE FOREST-Developers of business parks here and in Santa Ana secure equity for new projects in joint ventures with equity partner Pacific Coast Capital Partners.

IRVINE, CA-Guardian Storage Centers acquires the 1-million-sf portfolio from StorAmerica Self-Storage in one of the largest deals involving Southern California self-storage facilities.

HOLLYWOOD, CA-The investment and redevelopment firm buys 299 units in six buildings for $12 million and plans extensive renovations.

LOS ANGELES-The sale of a six-unit complex in the Miracle Mile district is one of the highest recorded for comparable properties in the area.

LOS ANGELES-A buyer from Vernon acquires the 13-story Downtown property, a combination office building and dormitory that houses a job-training program.

RANCHO SANTA MARGARITA, CA-A business park operator buys two of the buildings and a locally based owner user acquires the other in $7.43 million worth of sales.