HUNTINGTON BEACH, CA-The property attracts 11 full-price offers, but the deed is handed to a 1031 Exchange buyer with an all-cash takeover plan. Developed in 1989 with a service station, the site is now undergoing remediation.

VAN NUYS, CA-The 142,500-sf LA government facility, built for the city by Voit Development Co., comes in more than $2 million under budget and five months ahead of schedule. The facility is one of seven planned to bring city services closer to residents.

THOUSAND OAKS, CA-The developer will build the 70,000-sf Regency Medical Plaza with units for lease or for sale, one of the first such developments in many years planned for Ventura County.

SANTA BARBARA, CA-Developer-owner TynanGroup Inc. and local investor Richard W. Sanders are building a five-story hotel to replace a historic property razed in 1998. The site will hold an as-yet unnamed, 96-room boutique business hotel.

IRVINE, CA-The publicly held mortgage lender and financial services firm, which specializes in multifamily lending, establishes Commercial Capital Asset Management Inc., a wholly owned asset management subsidiary.

SANTA FE SPRINGS, CA-Three Springs Corp. of Encino writes the check to Turner Development in Newport Beach for a 43,868-sf, single-tenant building on 3.2 acres at 9835 Santa Fe Springs Rd.

NEWPORT BEACH, CA-Robert Campbell, president of Newport Beach-based CT Realty Corp., is named the Ernst & Young 2003 Entrepreneur of the Year for real estate services. He was one of seven winners in a two-state region.

WOODLAND HILLS, CA-The medical billing management firm, COMP Medical, leases 35,669 sf to triple its office size in a relocation to Warner Corporate Center. The September move leads off a 65-month lease.