UNITED STATES
                    SECURITIES AND EXCHANGE COMMISSION
                          WASHINGTON, D.C. 20549

                                SCHEDULE 13G

                 UNDER THE SECURITIES EXCHANGE ACT OF 1934

                            Regency Realty Corp.
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                              (NAME OF ISSUER)

                                Common Stock
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                       (TITLE OF CLASS OF SECURITIES)

                                758939102
                     ----------------------------------
                              (CUSIP NUMBER)


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CHECK THE APPROPRIATE BOX TO DESIGNATE THE RULE PURSUANT TO WHICH THIS 
SCHEDULE IS FILED:

     /X/ RULE 13d-1(b)

     / / RULE 13d-1(c)

     / / RULE 13d-1(d)

 
                                    PAGE 1 OF 8 PAGES



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CUSIP NO. 758939102                SCHEDULE 13G               PAGE 2 OF 8 PAGES
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 (1) NAME OF REPORTING PERSON:
     LaSalle Advisors Capital Management, Inc.

     S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON:
     36-4160747
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 (2) CHECK THE APPROPRIATE BOX IF A MEMBER    (a)  /X/
     OF A GROUP*                              (b)  / /
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 (3) SEC USE ONLY

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 (4) CITIZENSHIP OR PLACE OF ORGANIZATION
     Maryland
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 NUMBER OF SHARES             (5) SOLE VOTING POWER
 BENEFICIALLY                     2,975,468
 OWNED BY                    --------------------------------------------------
 EACH REPORTING               (6) SHARED VOTING POWER
 PERSON WITH                      7,300
                             --------------------------------------------------
                              (7) SOLE DISPOSITIVE POWER
                                  2,975,468
                             --------------------------------------------------
                              (8) SHARED DISPOSITIVE POWER
                                  62,200
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 (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     3,037,668
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(10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* / /
     Excludes shares beneficially owned by ABKB/LaSalle Securities Limited 
     Partnership
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(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
     10.7%
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(12) TYPE OF REPORTING PERSON*
     IA
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                     *SEE INSTRUCTIONS BEFORE FILLING OUT!



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CUSIP NO. 758939102                SCHEDULE 13G               PAGE 3 OF 8 PAGES
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 (1) NAME OF REPORTING PERSON:
     ABKB/LaSalle Securities Limited Partnership

     S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON:
     36-3991973
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 (2) CHECK THE APPROPRIATE BOX IF A MEMBER    (a)  /X/
     OF A GROUP*                              (b)  / /
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 (3) SEC USE ONLY

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 (4) CITIZENSHIP OR PLACE OF ORGANIZATION
     Maryland
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 NUMBER OF SHARES             (5) SOLE VOTING POWER
 BENEFICIALLY                     30,500
 OWNED BY                    --------------------------------------------------
 EACH REPORTING               (6) SHARED VOTING POWER
 PERSON WITH                      69,470
                             --------------------------------------------------
                              (7) SOLE DISPOSITIVE POWER
                                  23,200
                             --------------------------------------------------
                              (8) SHARED DISPOSITIVE POWER
                                  85,900
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 (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     109,100
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(10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* / /
     Excludes shares beneficially owned by LaSalle Asvisors Capital 
     Management, Inc.
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(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
     0.4%
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(12) TYPE OF REPORTING PERSON*
     IA
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                     *SEE INSTRUCTIONS BEFORE FILLING OUT!





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CUSIP NO. 758939102                SCHEDULE 13G               PAGE 4 OF 8 PAGES
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ITEM 1.

    (a)   Name of Issuer
          Regency Realty Corp.
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    (b)   Address of Issuer's Principal Executive Offices
          121 West Forsyth Street, Suite 200
          Jacksonville, FL 32202
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ITEM 2.

    LaSalle Advisors Capital Management, Inc. provides the following 
information:

    (a)   Name of Person Filing
          LaSalle Advisors Capital Management, Inc.
          ---------------------------------------------------------------------
    (b)   Address of Principal Business Office or, if none, Residence
          200 East Randolph Drive
          Chicago, Illinois 60601
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    (c)   Citizenship
          Maryland
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    (d)   Title of Class of Securities
          Common Stock $.01 par value per share
          ---------------------------------------------------------------------
    (e)   CUSIP Number
          411465107
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    ABKB/LaSalle Securities Limited Partnership provides the following 
information:

    (a)   Name of Person Filing
          ABKB/LaSalle Securities Limited Partnership
          ---------------------------------------------------------------------
    (b)   Address of Principal Business Office or, if none, Residence
          200 East Randolph Drive
          Chicago, Illinois 60601
          ---------------------------------------------------------------------
    (c)   Citizenship
          Maryland
          ---------------------------------------------------------------------




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CUSIP NO. 758939102                SCHEDULE 13G               PAGE 5 OF 8 PAGES
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    (d)   Title of Class of Securities
          Common Stock $.01 par value per share
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    (e)   CUSIP Number
          94856P102
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ITEM 3*  IF THIS STATEMENT IS FILED PURSUANT TO RULE 13d-1(b) OR
         13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A:

    (a) / / Broker or Dealer registered under Section 15 of the Act
    (b) / / Bank as defined in Section 3(a)(6) of the Act
    (c) / / Insurance Company as defined in Section 3(a)(19) of the Act
    (d) / / Investment Company registered under Section 8 of the Investment
            Company Act of 1940
    (e) /X/ Investment Adviser registered under Section 203 of the Investment 
            Advisers Act of 1940
    (f) / / Employee Benefit Plan, Pension Fund which is subject to the 
            provisions of the Employee Retirement Income Security Act of 1974 
            or Endowment Funds; see Section 240.13d-1(b)(1)(ii)(F).
    (g) / / Parent Holding Company, in accordance with 
            Section 240.13d-1(b)(1)(ii)(G) (Note: See Item 7)
    (h) / / A savings association as defined in section 3(b) of the Federal
            Deposit Insurance Act
    (i) / / A church plan that is excluded from the definition of an investment
            company under section 3(c)(14) of the Investment Company Act of 1940
    (j) / / Group, in accordance with Section 240.13d-1(b)(1)(ii)(J).

    * This response is provided on behalf of LaSalle Advisors Capital 
Management, Inc. and ABKB/LaSalle Securities Limited Partnership, each an 
investment adviser under Section 203 of the Investment Advisers Act of 1940.


ITEM 4.  OWNERSHIP

    If the percent of the class owned, as of December 31 of the year covered 
by the statement, or as of the last day of any month described in Rule 
13d-1(b)(2), if applicable, exceeds five percent, provide the following 
information as of that date and identify those shares which there is a right 
to acquire.

    LaSalle Advisors Capital Management Inc. provides the following 
information:

    (a) Amount Beneficially Owned
        3,037,668

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CUSIP NO. 758939102                SCHEDULE 13G               PAGE 6 OF 8 PAGES
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    (b) Percent of class:
        10.7%
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    (c) Number of shares as to which such person has:

          (i) sole power to vote or to direct the vote
              2,975,468
              -----------------------------------------------------------------
         (ii) shared power to vote or to direct the vote
              7,300
              -----------------------------------------------------------------
        (iii) sole power to dispose or to direct the disposition of
              2,975,468
              -----------------------------------------------------------------
         (iv) shared power to dispose or to direct the disposition of
              62,200
              -----------------------------------------------------------------

    ABKB/LaSalle Securities Limited Partnership provides the following 
information:

    (a) Amount Beneficially Owned
        109,100
    ---------------------------------------------------------------------------

    (b) Percent of class:
        0.4%
    ---------------------------------------------------------------------------

    (c) Number of shares as to which such person has:

          (i) sole power to vote or to direct the vote
              30,500
              -----------------------------------------------------------------
         (ii) shared power to vote or to direct the vote
              69,470
              -----------------------------------------------------------------
        (iii) sole power to dispose or to direct the disposition of
              23,200
              -----------------------------------------------------------------
         (iv) shared power to dispose or to direct the disposition of
              85,900
              -----------------------------------------------------------------




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CUSIP NO. 758939102                SCHEDULE 13G               PAGE 7 OF 8 PAGES
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ITEM 5.  OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS

    If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more than
five percent of the class of securities, check the following.  / /


ITEM 6.  OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON

         Not applicable.

ITEM 7.  IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
         THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY

         Not applicable.

ITEM 8.  IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP

         The two members of the Group are: LaSalle Advisors Capital 
Management, Inc. ("LaSalle") and ABKB/LaSalle Securities Limited Partnership 
("ABKB/LaSalle").

         ABKB/LaSalle is a Maryland limited partnership, the limited partner 
of which is LaSalle and the general partner of which is ABKB/LaSalle 
Securities, Inc., a Maryland corporation, the sole stockholder of which is 
LaSalle. LaSalle and ABKB/LaSalle, each registered investment advisers, have 
different advisory clients.

ITEM 9.  NOTICE OF DISSOLUTION OF GROUP

         Not applicable.

ITEM 10. CERTIFICATION

               By signing below I certify that, to the best of my knowledge 
and belief, the securities referred to above were acquired in the ordinary 
course of business and were not acquired for the purpose of and do not have the
effect of changing or influencing the control of the issuer of such 
securities and were not acquired in connection with or as a participant in 
any transaction having such purposes or effect.




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CUSIP NO. 758939102                SCHEDULE 13G               PAGE 8 OF 8 PAGES
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                                  SIGNATURE

    After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this Statement is true, complete and
correct.

    The parties agree that this statement is filed on behalf of each of them.


Dated: February 11, 1999



                                       LASALLE ADVISORS CAPITAL
                                       MANAGEMENT, INC.


                                       By: /s/ William K. Morrill, Jr.
                                          -------------------------------------
                                          Name: William K. Morrill, Jr.
                                          Title: Managing Director



                                       ABKB/LASALLE SECURITIES
                                       LIMITED PARTNERSHIP

                                       By: /s/ William K. Morrill, Jr.
                                          -------------------------------------
                                          Name: William K. Morrill, Jr.
                                          Title: Managing Director