McNellis Partners
McNellis on CMBS: “Commercial Mortgage BS”
By John McNellis This essay is taken from John’s forthcoming 3rd edition of Making it in Real Estate. I was leaning against the bar...
McNellis on Memory: Losing IQ through AI
By John McNellis As most non-fiction is more padded than a shipment of Murano glass, reading book reviews instead of the books themselves...
McNellis Partners Sells 60,600 SQFT Safeway-Anchored Retail Center in Rancho Cordova for $20.3MM
JLL Capital Markets facilitates transaction for newly renovated prime retail asset in Rancho Cordova SAN FRANCISCO, Oct. 28, 2025 – JLL Capital Markets announced...
McNellis to Accountants: Gimme Shelter
(Editor’s note: this essay is taken from John’s forthcoming 3rd edition of Making it in Real Estate which, with only a bit of...
McNellis: Death of a Deal
By John McNellis In Rochambeau, paper beats rock. In life, paper sometimes beats deals. We own a shopping center in a Sacramento suburb...
McNellis’ Easter Tale: Countering Expectations
By John McNellis I probably shouldn’t put this in print, but here goes: we counter every offer we get. Even if we’re thrilled...
McNellis: Bad Settlements Beat Good Lawsuits
By John McNellis This is a true story. A well-to-do investor—let’s call him Sam—owns a charming three-story brick office building in a city that...
Lessons from John McNellis: Navigating the Realities of Real Estate
John McNellis stood before the crowd, ready to share a lifetime of lessons from his storied career in real estate. With over four...
McNellis: How Remote Work Reshaped San Francisco’s Apartment Market
By John McNellis Rather than another dreary epistle about San Francisco, this is a tale about the only law of economics worth knowing....
McNellis: Empty Stores, Empty Logic – A Palo Alto Retail Vacancy Conundrum
By John McNellis Palo Alto’s city council is considering a “vacancy tax” on empty shop space in its downtown, penalizing owners stuck with...
McNellis: Resuscitation Hardware
By John McNellis I shorted a stock once. As a Kmart landlord 20 years ago, I saw firsthand how badly that discounter was...
McNellis on AI: Time to Brace Yourself
By John McNellis When ChatGPT hit the street in late 2022, a close friend began amusing himself—and occasionally, me—by having it rewrite my...
