JF2470: How to Develop Shopping Centers with John McNellis

John McNellis started as a journalism major headed to law school because he did not know what else to do. While practicing business law, he was drawn to business operations and shifted to become a developer. At 29 he started shopping center development and now has over 80 projects in development. More than half of those projects are complete tear-down and renovations. Listen in to hear his advice on the need to specialize in shopping centers, start with tenants, and how to avoid over-leveraging.

John McNellis Real Estate Background:

  • Partner at McNellis Partners
  • Very active in CREI for 40 years
  • Portfolio consists of 80+ projects
  • Based in Palo Alto, CA
  • Say hi to him at: https://mcnellis.com/
  • Best Ever Book: Psychology of Money

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Joe Fairless