Shopoff Realty Investments has successfully sold 80 acres of land in Chino Hills, Calif., for conservation as permanent open space to the Mountains Recreation and Conservation Authority (MRCA).
The land was originally purchased as part of a larger portfolio, with the balance having already been sold. Shopoff previously sold an additional 320 acres of adjacent land to the MRCA in July 2020.
“We are so pleased to be able to complete the sale of this final parcel of land to the MRCA and help to complete their vision of an improved wildlife connection between the State Park and the Prado Wetlands,” explained William Shopoff, Shopoff Realty Investments President and CEO. “After acquiring this property as part of a larger portfolio, we quickly determined that the land’s steep hillsides and rustic terrain would not be suitable for development, and that the property’s highest and best use would be leaving it undeveloped as open space, benefiting the public as a whol
