Marcus & Millichap

Brad Pennington

Overview

My investment real estate career with Marcus & Millichap began in 1981. Since then I've represented buyers and sellers of $620 Million in closed escrows on apartment complexes, office buildings, retail shopping centers, industrial properties, self storage facilities, mobile home parks, and mixed use properties. Nearly 50% of my clients have possessed real estate licenses, yet choose to use my services to best represent their interests.

I've specialized in income property sales for the last 30 years. As the market has changed, so have I. In nearly every transaction in my career, the client has either lived or owned in Marin, Sonoma or Napa counties.

My wife of 25-years, Lisa, and I live in San Rafael, California and have two sons. Blake is an employed 23-year old recent graduate of Loyola Marymount College in Los Angeles, California. Chase is a 21-year old senior at The University of Oregon in Eugene, Oregon.

San Francisco
Brad Pennington

Brad Pennington

First Vice President Investments
Tel: (415) 625-2130
Fax: (415) 398-3444

License:  CA  00599791

International Council of Shopping Centers
National Multi Housing Council

Member - National Office and Industrial Properties Group
Director - National Multi Housing Group
Director - Special Asset Services Group

Promoted to Senior Associate in September, 1990
Promoted to Senior Investment Associate in July, 1993
Promoted to First Vice President Investments in January, 2008

National Achievement Award - 2012, 2005, 2004, 2001, 1998, 1996
Sales Recognition Award - 2013, 2012, 2010, 2006, 2005, 2004, 2002, 2001, 2000, 1998, 1996, 1994, 1990, 1989, 1986

Our Team

Brad Pennington & John Garrett

Team Members:

Transactions Closed

  • West End Villas

    West End Villas

    Multifamily

    San Rafael, CA
    Price: $5,085,000
    Size: 18,674 sqft
    Size: 25 units
    Cap Rate: 5.00%

  • Redwood Self Storage

    Redwood Self Storage

    Self-Storage Facility

    Cotati, CA
    Price: $4,600,000
    Size: 600 units
    Cap Rate: 7.77%

  • Village On The Green Apartments

    Village On The Green Apartments

    Multifamily

    Rancho Cucamonga, CA
    Size: 218,972 sqft
    Size: 265 units

  • Oak Creek Apartments

    Oak Creek Apartments

    Multifamily

    Santa Rosa, CA
    Price: $15,000,000
    Size: 79,256 sqft
    Size: 100 units
    Cap Rate: 5.76%

  • Walgreens

    Walgreens

    Net Leased Drug Store

    Hesperia, CA
    Price: $6,565,000
    Size: 15,120 sqft
    Cap Rate: 6.40%

  • Buena Vida at Town Center

    Buena Vida at Town Center

    Multifamily

    Rancho Santa Margarita, CA
    Size: 78,730 sqft
    Size: 115 units

  • Burgundywood East Apartments

    Burgundywood East Apartments

    Multifamily

    Point Richmond, CA
    Price: $1,193,500
    Size: 8,543 sqft
    Size: 10 units
    Cap Rate: 6.76%

  • The Dolphin Building

    The Dolphin Building

    Multifamily & Office

    San Rafael, CA
    Price: $1,960,000
    Size: 8,095 sqft
    Size: 07 units
    Cap Rate: 6.52%

  • Sommerhill Townhomes

    Sommerhill Townhomes

    Multifamily Tax Credit

    San Rafael, CA
    Price: $3,495,000
    Size: 43,740 sqft
    Size: 39 units
    Cap Rate: 9.86%

  • Oak Grove Apartments

    Oak Grove Apartments

    Multifamily

    Novato, CA
    Price: $16,055,000
    Size: 75,666 sqft
    Size: 88 units
    Cap Rate: 5.86%

  • Walgreens

    Walgreens

    Net Leased Drug Store

    Stockton, CA
    Price: $8,700,000
    Size: 13,650 sqft
    Cap Rate: 6.16%

  • Walgreens

    Walgreens

    Net Leased Drug Store

    Forney, TX
    Size: 14,820 sqft
    Cap Rate: 6.19%

  • The LOFTS at Albert Park

    The LOFTS at Albert Park

    Multifamily

    San Rafael, CA
    Price: $24,200,000
    Size: 89,655 sqft
    Size: 126 units
    Cap Rate: 5.08%

  • OAK VIEW OF SONOMA HILLS

    OAK VIEW OF SONOMA HILLS

    Multifamily

    Rohnert Park, CA
    Size: 175,304 sqft
    Size: 208 units

  • Bel Air Market (Raley's)

    Bel Air Market (Raley's)

    Net Leased Grocery Store

    Elk Grove, CA
    Price: $11,080,000
    Size: 62,963 sqft
    Cap Rate: 7.20%

  • Alamo Square Court

    Alamo Square Court

    Multifamily

    San Francisco, CA
    Price: $22,000,000
    Size: 49,184 sqft
    Size: 63 units
    Cap Rate: 3.19%

  • Walgreens

    Walgreens

    Net Leased Drug Store

    Raleigh, NC
    Price: $7,534,247
    Size: 14,550 sqft
    Cap Rate: 7.30%

  • 1058 Redwood Highway

    1058 Redwood Highway

    Office

    Mill Valley, CA
    Price: $1,300,000
    Cap Rate: 7.16%

In The News

  • 88-unit Novato apartments sold to San Diego-based Davlyn for $16 million

    A Southern California real estate investment group made its first Bay Area acquisition with the purchase of the 88-unit Oak Grove Apartments for $16 million. Brad Pennington of Marcus & Millichap...

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    Clarion Partners Closes on $64.5M Senior Housing Portfolio

    Marcus & Millichap Brokers Two San Bernardino Area Properties for Kisco Senior Living. John Nguyen, Alex Garcia, and Brad Pennington of Marcus & Millichap represented both sides in the transaction

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    Marcus & Millichap Represents Buyer of 224-Unit Apartment Property in Complex $21,000,000 Transaction

    Brad Pennington, First Vice President, represents buyer in complex transaction of distressed 224-unit apartment property that involved two separate REO bank sellers and a private investment group...

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  • $15 Million North Bay Multifamily Asset Sold by Marcus & Millichap

    Marcus & Millichap First Vice President, Brad Pennington, represents both seller and buyer of Oak Creek Apartments, a 100-unit apartment complex in Santa Rosa, CA.

    Read More