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California  + Orange County  + Apartments  | 

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. 

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition
  • ◦Development
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