WeBuyStrips.com is a new initiative launched by Shannon Waltchack, a vertically integrated commercial real estate operator based in Birmingham, Alabama. We are committed to supporting and growing communities all across the country through strategic and innovative real estate investment designed to help communities thrive.

We’re backed by a large university endowment with over $11B in assets. Our goal is to buy at least $60M of strip centers each year. We currently have $560M in assets under management with over 950 tenants spread across 11 states.

Len Shannon, one of our founding partners, bought his first unanchored strip center in 1995. Since then, we have specialized in neighborhood centers that deliver stable cash flow to our investors. The strategy of focusing on service-related tenants allows us to withstand unforeseen market disruptions and enhance people’s lives on the local level.