Real estate firm Shannon Waltchack LLC has acquired Chance Landing Shopping Center located in Hoover. The shopping center is 13,000 square feet at 4730 Chace Circle. The $4.4 million deal was sold at $337 per square foot to investors Hollywood Arms LLC and Chace Landing Partners LLC, according to according Shannon Waltchack Principal Derek Waltchack.
The deal for the shopping center completed in December of last year. The shopping center was considered for its location on U.S. 31 south of the Galleria. It includes restaurants like Five Guys Burgers & Fries, Genghis Grill and Jimmy John’s.