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Heard on the Beat / Debora Vrana

Sares-Regis Group Expands Office Holdings

August 21, 1996|Debora Vrana | Debora Vrana covers real estate for The Times. She can be reached at (714) 966-5979 and at debora.vrana@latimes.com

Sares-Regis Group, the Irvine-based property manager, has added 4.7 million square feet to its portfolio of office properties. Sares currently has a $1.8-billion portfolio of apartments and commercial property and 14 million square feet of property under management.

The company, established in 1975, recently added 1.7 million square feet of office and warehouse property in the South Bay to its portfolio. "The industrial properties in this South Bay portfolio are strategically linked to a crucial transportation infrastructure that connects U.S. companies to the Pacific Rim," said Peter Rooney, vice president of commercial acquisitions for Sares-Regis Group.

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