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ORANGE COUNTY BRIEFLY

Sares-Regis Plans Business Park

May 30, 1997|(Melinda Fulmer)

HUNTINGTON BEACH — Irvine developer Sares-Regis Group is planning a three-building business park on a 28-acre site that includes a vacant warehouse in Huntington Beach. The company and partner Amresco Realty Advisors of Dallas purchased the West County Commerce Center building, which was vacated six years ago by United Parcel Service, and 12 additional acres.

The cost of the redevelopment, including the building purchase, rehabilitation and new construction, is about $25 million.

Surfwear maker Quiksilver Inc. has signed on as the first tenant. Quiksilver plans to consolidate its distribution and raw materials operations, which will occupy about half of the existing building at Graham Street and McFadden Avenue. The company's headquarters will remain in Costa Mesa.

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