Shopoff Realty Investments Sells Final Retail Parcel Of Sunrise Village In Fullerton For $2.5M

The retail property located at 1020 Rosecrans Avenue in Fullerton spans 0.46 acres and was sold for $2,500,000. This transaction represents the final parcel of the 14-acre Sunrise Village center, which underwent redevelopment into a mixed-use project featuring 113 homes and new dining and retail options, executed by Lennar.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $2,500,000
• Seller: William Shopoff
• Seller's Agency: Shopoff Realty Investments
• Acquisition Year: 2021
• Total Dispositions: $58.8 million

William Shopoff held the position of seller in this transaction, representing Shopoff Realty Investments, the firm that completed the redevelopment of the property. This marked the conclusion of their dispositional strategy for the Sunrise Village center.