Save the date: RealShare L.A.comes to the Hyatt Regency Century Plaza in Los Angeles, CA on March 27, 2013

LONG BEACH, CA-Developer SARES-REGIS Group has started a $190-million, 194-acre project at the airport here that will offer about 3.9 million square feet of Class A office, industrial and retail space when it is completed in 2015.

The property is inside the Douglas Park complex, a 261-acre property that was owned and master-planned by locally based Boeing Realty Corp. The first two phases of the project by Irvine, Calif.-based SARES-REGIS calls for the construction of seven corporate-headquarters buildings with a total of 677,142 square feet of space on a 33.6-acre parcel.

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