JF2470: How to Develop Shopping Centers with John McNellis
Jun 07, 2021•42 min•Season 1Ep. 2470
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Episode description
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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