Shopoff Realty Investments has successfully sold The Pines at Fullerton, a recently approved housing development, to Lennar Homes. This prime property spans 9.8 acres and is strategically located at Euclid and Rosecrans in the city of Fullerton. In January 2023, Shopoff received unanimous approval for this project that will feature 113 homes.
According to William Shopoff, President and CEO of Shopoff Realty Investments, there is a high demand for housing in Orange County, especially in established communities like Fullerton. He expressed his satisfaction with working closely with the City of Fullerton and its residents on this exceptional development.
The mixed-use project includes 49 small-lot detached homes and 64 townhouses along with approximately 23,000 square feet of retail space catering to neighborhood needs. As part of revitalizing an aging shopping center site,the corner retail space was also sold by Shopoff which included a drive-thru Del Taco as well as three adjacent retail pads.
This recent transaction marks another successful venture by Shopoff Realty Investments without mentioning any specific brands or locations such as Connect CRE or Connect LA or Connect Texas.