The above rendering is in Westminster, CA, and is subject to change. This project is being managed by Shopoff and is a holding of a Shopoff Fund.
WESTMINSTER, Calif. – February 2, 2026 – Shopoff Realty Investments (“Shopoff”), a national manager of opportunistic and value-add real estate investments, has acquired the balance of the Westminster Mall, totaling an additional 57.5 acres, ahead of its planned mixed-use redevelopment, Bolsa Pacific at Westminster. Shopoff previously acquired the mall’s 14.1-acre former Sears parcel in July 2022 and the 11.7-acre Macy’s parcel in August 2022. The balance of the mall was acquired from Washington Prime Group (WPG).
The project site now totals 83.3 acres, currently housing the Westminster Mall and surrounding retail. The planned Bolsa Pacific at Westminster development aims to deliver approximately 2,250 housing units, including a mix of for-sale housing, as well as market-rate and affordable rental housing, to help address the growing demand for housing in the city of Westminster and neighboring communities. The project will also include 120+ hotel keys, as well as more than 220,000 square feet of placemaking retail. In addition, in response to the specific plan and community needs, the site will dedicate more than 15 acres to open space, including private resident spaces, open-air promenades, and a network of walking trails. Current entitlement plans have been submitted to the city for review, with anticipated approval in 2026.
“Creating a vibrant new community, complete with essential housing, retail spaces, a hotel, and 15 acres of open space has been long in the making. Bolsa Pacific will play a key role in strengthening Westminster’s economy and revitalizing the city and its surrounding neighborhoods,” said Shopoff Realty Investments President and CEO William A. Shopoff. “Through this project, we hope to realize a more cohesive master planned development and be able to help shape a large part of the future of Westminster to better serve the greater community.”
Demolition of the existing mall is planned for Q1 2026, with Target continuing to operate during this time. Once the demolition and entitlements are completed, construction is anticipated to begin in Q4 2026. Shopoff was represented by Lee Aarons of Land Advisors.
Learn more about Bolsa Pacific at Westminster here: BolsaPacific.com.
About Shopoff Realty Investments
Shopoff Realty Investments is an Irvine, California-based real estate firm with a 34-year history of value-add and opportunistic investing across the United States. The company primarily focuses on proactively generating appreciation through the repositioning of commercial income-producing properties, the entitlement of land assets, and development projects. The 34-year history includes operating as Asset Recovery Fund, Eastbridge Partners, and Shopoff Realty Investments (formerly known as The Shopoff Group). Performance has varied in this time frame, with certain offerings generating losses. For additional information, please visit www.shopoff.com or call (844) 4-SHOPOFF.
Disclosures
This is not an offering to buy or sell any securities. Such an offer may only be made through the offering memorandum to qualified purchasers. Any investment in Shopoff Realty Investments programs involves substantial risks and is suitable only for investors who have no need for liquidity and who can bear the loss of their entire investment. There is no assurance that any strategy will succeed to meet its investment objectives. The performance of this asset is not indicative of future results of other assets. Securities are offered through Shopoff Securities, Inc. member FINRA/SIPC, 18565 Jamboree Road, Suite 200, Irvine, CA 92612.
Development timelines and completion estimates are subject to change and dependent on multiple external factors.
The statements made by individuals quoted herein reflect their personal opinions and current expectations and are not guarantees of future performance.
