Crossroads West Shopping Center Trades to Shannon Waltchack of Birmingham, Alabama

Cromwell Commercial Group is pleased to announce the sale of Crossroads West Shopping Center, a multi-tenant retail center located at 8810 W Highway 84. The transaction closed on February 13, 2026.

Strategically positioned at a signalized intersection along Highway 84 at Hewitt Drive, the property benefits from exceptional visibility, strong traffic counts, and direct access to a dense and established residential trade area. The center is surrounded by national and local retailers and is proximate to grocery, service-oriented, and daily-needs uses that drive consistent customer traffic.

Luke Holler of Cromwell Commercial Group represented the seller in the transaction and procured the buyer, Shannon Waltchack. Based in Birmingham, Alabama, Shannon Waltchack is a vertically integrated commercial real estate operator known for its focus on acquiring well-located neighborhood and community retail strip centers in affluent and high-growth markets across the United States.

“We’ve seen strong institutional interest for this asset due to its positioning along a primary corridor and the strength of the surrounding retail environment,” said Holler. “Top-tier retail assets located on main thoroughfares continue to command institutional capital, and properties like Crossroads West require maximum attention due to their visibility, access, and long-term market fundamentals.”

Holler noted that Waco and the surrounding Central Texas markets are seeing increased institutional demand as investors target better-priced opportunities compared to larger Texas metros. “As pricing in primary cities become more constrained and barriers to entry limit long-term upside, institutional groups are increasingly focused on markets like Waco that offer stronger yield, growing fundamentals, and meaningful long-term growth potential,” he said.

Crossroads West Shopping Center offers excellent frontage, convenient ingress and egress, and a location that serves as a daily-needs retail destination for the surrounding community. The Highway 84 corridor remains one of the area’s most active commercial corridors, supporting long-term tenant demand and investment stability.

The sale of Crossroads West reflects Cromwell Commercial Group’s continued commitment to the sustainable growth of the Central Texas market driven by local knowledge, national relationships and a clear understanding of where capital and community growth intersect.

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