<ARTICLE> 5 <CIK> 0001066252 <NAME> REGENCY OFFICE PARTNERSHIP, L.P. <MULTIPLIER> 1 <PERIOD-TYPE> YEAR 9-MOS <FISCAL-YEAR-END> DEC-31-1997 DEC-31-1998 <PERIOD-START> JAN-01-1997 JAN-01-1998 <PERIOD-END> DEC-31-1997 SEP-30-1998 <CASH> 62,852 50,191 <SECURITIES> 0 0 <RECEIVABLES> 41,894 250,177 <ALLOWANCES> 0 0 <INVENTORY> 0 0 <CURRENT-ASSETS> 0 0 <PP&E> 24,248,802 34,159,726 <DEPRECIATION> 4,990,570 393,344 <TOTAL-ASSETS> 19,641,749 34,075,758 <CURRENT-LIABILITIES> 0 0 <BONDS> 0 0 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 0 0 <COMMON> 0 0 <OTHER-SE> 19,491,755 33,787,010 <TOTAL-LIABILITY-AND-EQUITY> 19,641,749 34,075,758 <SALES> 0 0 <TOTAL-REVENUES> 4,684,993 2,939,004 <CGS> 0 0 <TOTAL-COSTS> 1,581,484 529,274 <OTHER-EXPENSES> 855,039 548,492 <LOSS-PROVISION> 0 0 <INTEREST-EXPENSE> 290,127 0 <INCOME-PRETAX> 2,099,371 12,204,721 <INCOME-TAX> 0 0 <INCOME-CONTINUING> 2,099,371 12,204,721 <DISCONTINUED> 0 0 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> 2,099,371 12,204,721 <EPS-PRIMARY> 0 0 <EPS-DILUTED> 0 0