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Shopoff Sells Approved Housing Development to Lennar
Shopoff Realty Investments has sold its recently approved housing development, The Pines at Fullerton, to Lennar Homes for an undisclosed sum. The property includes 9.8 acres located at Euclid and Rosecrans in the city of Fullerton. Shopoff secured unanimous approval for the 113-home project in January 2023.
“It’s no secret that there is a great need for housing throughout Orange County, and especially in well-established communities like Fullerton,” explained Shopoff President and CEO William Shopoff. “We are pleased to have been able to work so closely with the City of Fullerton and Fullerton residents on the plan for this fantastic development.”
Part of the redevelopment of an aging shopping center, the mixed-use development includes 49 small-lot detached homes and 64 townhouses, and 23,000 square feet of neighborhood retail uses. Shopoff recently sold the corner retail space, including a drive-thru Del Taco and three adjacent retail pads.
- ◦Sale/Acquisition
- ◦Development




