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**Shopoff Realty Investments Completes Sale of Final Parcel at Fullerton Shopping Center**
Shopoff Realty Investments has finalized the $2.5 million sale of a 0.46-acre retail parcel—marking the last remaining parcel of the 14-acre Sunrise Village neighborhood shopping center in Fullerton. The full disposition of the property has generated a total of $58.8 million for the firm.
The recently sold building houses a veterinary clinic, with plans underway to convert the remaining space into a fast-casual Korean restaurant. Sales of the center’s other parcels began in 2023, with properties sold individually to various owners.
Shopoff acquired the aging neighborhood retail center in 2021 for $26.5 million. From there, the firm partnered with the City of Fullerton to determine the most effective redevelopment strategy. The resulting plan included a mixed-use community with both residential units and service-oriented retail.
“When we first acquired the property, we saw an opportunity to transform a deteriorating center and create something meaningful for the Fullerton community,” said William A. Shopoff, president and CEO of Shopoff Realty Investments.
This strategic redevelopment marks a significant contribution to Fullerton’s evolving real estate landscape.
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