LocalCenters.com is dedicated to strip malls under 50,000 square feet. The articles, interviews, podcasts, and videocasts that are appearing daily as we reach alpha are targeted to strip mall owners and small retailers. LocalCenters.com is owned and operated by LocalCenters, LLC, a development company headquartered in Sacramento, California. John Wallace is the managing partner of LocalCenters, and is a 30 year industry veteran who has published articles and tapes on small center leasing, and has spoken on these topics at conferences in the Western United States.

JOHN WALLACE BIO

John Wallace is the Managing Member of LocalCenters, LLC, a real estate development and management company based in Sacramento, California.

LocalCenters is a small center specialist, and has developed small open centers in Northern California since 1984.

During his 30 years in the commercial real estate business, John has negotiated over 800 leases with international, national, regional, and local tenants in his portfolio projects and managed projects. As a consultant, John has provided expert testimony to the legal profession for the past 15 years, and has authored several periodical articles and newspaper columns, and an educational series of nationally distributed tapes “Leasing Small Shopping Centers.”

John was Assistant Professor at CSUS, Sacramento for seven years, and taught marketing and advertising to hundreds of students–some of who have become clients and vendors. His blending of the precepts of academia with his practical and street real estate knowledge defines and differentiates his entire approach; creating small centers that serve their unique community while contemporaneously providing a successful and sometimes cutting edge venue for a variety of retailers and service providers.

John has an MBA from CSUS, Sacramento, is a member of the International Council of Shopping Centers, and is active in local charitable and political organizations and activities. He has been a featured speaker at several real estate conferences in the Western United States on a variety of timely topics.

A confirmed workaholic, he loves his time with his wife and daughter. His other passions include fly-fishing, traditional Southern Pit BBQ, and travel.

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