High-rise commercial buildings

Sub Markets

Property Sectors

Topics

California CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

New call-to-action
California  + Orange County  + Apartments  | 

Shopoff Secures Approval for Buena Park Residential Development

Shopoff Realty Investments has secured unanimous approval from the Buena Park City Council for 5600 Beach Blvd, a 13.76-acre residential development in Buena Park. The property is currently occupied by the Amway Corporation with a corporate sale-leaseback in place until the end of 2026 and consists of two industrial buildings totaling approximately 370,031 square feet.

“5600 Beach Blvd represents an important step forward for Orange County and is intended to help address the need for attainable and diverse housing options for first-time homebuyers and for Buena Park’s growing senior population,” said Shopoff Realty Investments’ president and CEO, Bill Shopoff. “Transforming an industrial site into a vibrant residential community aligns with the city and county’s evolving needs, providing homes for people at every stage of life.”

The development aims to deliver 231 three-story townhomes and duplex units, offered with four different floor plans, along with 50 for-rent senior affordable housing units. Homes are expected to be delivered in 2029-2030.

Where the apartment industry connects. Meet the owners, investors, developers, lenders, brokers, and service providers driving today’s multifamily market at Connect Apartments. Build relationships, uncover opportunities, and stay ahead of what’s next.

Connect

Inside The Story

Shopoff Realty Investments

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).

  • ◦Development
New call-to-action
New call-to-action
New call-to-action
New call-to-action